KANZHUN LIMITED

Ladies and gentlemen, thank you for standing by and welcome to Country Limited Third Quarter 2025 Financial Results Conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be question and answer session. Today's conference is being recorded. At this time, I'd like to turn the conference over to Ms. Wenbei Wang, Head of Investor Relations. Please go ahead, ma'am.

Thank you, operator. Good evening and good morning, everyone. Welcome to our third quarter 2025 Earnings Conference Call. Joining me today are our founder, chairman, and CEO, Mr. Jonathan Huang Zhao, and our director and CFO, Mr. Phil Zhang. Before we start, we would like to remind you that today's discussion may contain forward-looking statements which are based on maintenance currents of patients and observations that involve long and unknown risk. uncertainties, and other factors not under the company's control, which may cause actual results, performance, or achievements of the company to be materially different. The company caution you not to place undue reliance on forward-looking statements and do not undertake any obligation to update this forward-looking information, except as required by law. During today's call, management will also discuss certain non-debt financial measures for comparison purposes only. For definitions of non-debt financial measures and the reconciliation of debt to non-debt financial results, please see the earnings release issued earlier today. In addition, a webcast reply of this conference call will be available on our website at ir.jpim.com. Now, I will turn the call to Jonathan, our founder, chairman, and CEO.

Hello everyone, thank you for joining our company's third quarter 2025 earnings conference call.