KANZHUN LIMITED

Ladies and gentlemen, thank you for standing by and welcome to Qantuan Limited Second Quarter 2026 Financial Results Conference Call. At this time, all participants are in listen-only mode. After the speaker's presentation, question and answer session. Today's conference is being recorded. At this time, I'd like to turn the conference over to Ms. Laura Chan, Senior Manager of Investor Relations.

Please go ahead, ma'am.

Thank you, Officer. Good evening and good morning, everyone. Welcome to our second quarter of 2026 Earnings Conference Call. Joining me today are our founder, chairman, and CEO, Ms. Johnson Kong Zhao, and our deputy CFO, Ms. Wenbei Wang. Before we start, we would like to remind you that today's discussion will contain forward-looking statements, which have raised the management's current expectations and observation that involves known and unknown beliefs, identities, and other factors not under the company's control, which may cause actual results, performance, or a treatment of the company to be materially different. The company portion did not display undue reliance on forward-looking statements and did not undertake any of the actions to update the forward-looking information, except as required by law. Hello, everyone.