Fanhua Inc.

Thank you for standing by for Sandhurst second quarter and first half 2022 earnings conference call. At this time all participants are in a listen only mode. All lines have been placed on mute to prevent background noise. After the management's prepared remarks there will be a question and answer session. Please follow the instructions given at that time if you'd like to ask a question. For your information, this conference call is now being broadcast live over the internet. The webcast replay will be available within three hours after the conference is finished. Please visit Sanhua's IR website at irsanhuaholdings.com under the events and webcast section. Today's conference is being recorded. If you have any objections, you may disconnect at this time. I'd now like to turn the meeting over to your host for today's conference, Ms. Oasis Chiu, Van Huys Investor Relations Manager.

Good morning. Welcome to our second quarter and first half 2022 earnings conference call. The earnings results were released earlier today and are available on our IR website as well as our news file. Before we continue, please know that the discussion today contain forward-looking statements made under the safe harbor provisions of the U.S. Private Security Litigation Reform Act of 1995. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause our actual results to differ materially from those projected or anticipated. Such risks and uncertainties include but not limited to those outlined in our filings with the FCC, including our registration statement on Firm 20F. We do not undertake any obligation to update the score-looking information except as required under applicable law. Joining us today are our Chairman and Chief Executive Officer, Mr. Yi-Nan Hu. Chief Financial Officer, Mr. Peng Ge, and Chief Operating Officer, Mr. Li Chong Liu. Mr. Hu will provide a review about financial and operation highlights in the second quarter of 2022. There will be a Q&A session after the prepared remarks. Now I will turn the call over to Mr. Hu. Hello, everyone.

I am Hu Yilan. Thank you very much for attending today's press conference.