Cheche Group Inc.

Good day, and welcome to the TechEd Group first half 2025 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, please press star then two. Please note, today's event is being recorded. I will now turn the conference over to Crocker Colson with Investor Relations for Cheche Group. Please go ahead.

Thanks so much, Operator. Good morning, everybody. Good evening to those of you joining us from Asia. And thanks to everyone for joining us on Cheche's first half of 2025 earnings call. This morning, Cheche posted both the earnings release and related investor presentation to our website, which is at ir.chechegroup.com. And you can find all the materials there. With me on the call today are Lei Zhang, Cheche's founder and CEO, as well as Sandra Gee, Cheche's chief financial officer. After the prepared remarks are concluded, we'll be pleased to open up the call for your questions. But before we begin, I'd like to let you know that some statements in this teleconference will be forward-looking within the meanings of the federal securities law. Although we believe these statements are reasonable, we can provide no assurance that they will prove to be accurate because they are perspective in nature. Actual results could differ materially from those we discussed today. We therefore encourage you to review the most recent filings with the SEC for risk factors that could materially impact our results. As I mentioned, you can find our earnings release at ir.chechegroup.com, and we encourage you to review the reconciliations of certain non-GAAP measures that are contained in that release. With those formalities now out of the way, it's my great pleasure to turn the call over to Lei Zhang, CHATCH's CEO. Lei, over to you.

Lei?