speaker
Operator
Conference Call Host/Operator

Good day, ladies and gentlemen. Thank you for standing by and welcome to Golden Heaven Group Holdings Limited's first half of fiscal 2023 earnings conference call. During today's presentation, all parties will be in a listen-only mode. This conference call is recorded today, Thursday, August 3rd, 2023. If you have any objections, you may disconnect at this time. Joining us today from Golden Heaven Group Holdings Limited are the company's Chief Executive Officer and the chairman of the board of directors, Ms. Guang Jin, and the company's chief financial officer, Ms. Jingjiang Zhang. Ms. Jin will give an overview of the company's performance, and Mr. Gong will share details of the company's financial results. After that, we will conduct a question-and-answer session to take your questions. During the question-and-answer session, Ms. Jin and Mr. Gong will deliver their answers in Chinese, and the company's representative will be providing corresponding English translations. Before we continue, I would like to remind you that some information discussed in this call will contain forward-looking statements with the means of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Delegation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events and circumstances, changes in expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. and the company calls on its investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect future results of the company's registration statement and its other filings with the SEC. With that, I would like to turn the call over to Ms. Jin, the company's Chief Executive Officer and Chairman of the Board of Directors. Her opening remarks will be delivered in English by the company's IR representative. Ms. Jin, please go ahead.

speaker
Guang Jin
Chief Executive Officer and Chairman of the Board

Thank you, Mr. Chairman. Hello, everyone. It's my pleasure to meet you all for the first time through a phone call. Thank you all for coming to the Jinshe Le Yuan Group's financial report call in the first half of the fiscal year 2023. In today's phone call, I will summarize our performance in the past half year. Then our chief financial officer, Mr. Gong Jingguang, will share the financial performance of the company. Finally, it's our Q&A session. Thank you, operator. Hello, everyone. Thank you for joining Golden Tavern Group Holding Limited's first half of fiscal year 2023 earnings conference call today. On our call today, I will give an overview of our business performance. Then, our chief financial officer, Mr. Gong, will share the details of the company's financial review. Lastly, we will conduct a Q&A session to take your questions. After years of hard work in our team, the Golden Threads Group was listed on NASDAQ in April 2023. This is an important milestone in the history of the company's development, representing that the company has entered a new stage of development. Over the past few years, the development of each industry has been affected by the epidemic. We have always insisted on focusing on the development strategy of small and medium-sized cities to maintain the company's stable operation. We enlisted on NASDAQ in April 2023, making a key milestone for our company as a result of our team's years of hard work and commitment to our shareholders. This also indicates that the company has entered a new stage of development. In the past few years, almost all industries, ours included, have been affected by the COVID-19 pandemic. We always adhere to the development strategy of focusing on small and medium-sized cities, which allows us to maintain stable operations. 我们的收入还是实现了强劲的同比增长。 同时,我们不但改善运营管理, 注重成本优化,提升服务质量,提高消费者满意度。 这些都为我们迎来了更多的游客。 Thanks to our strategy planning and lessened COVID-19 travel restrictions in China in late 2022, We seized the opportunity of recovery in a timely manner. While the fluctuation of translation from RMB to US dollar has caused a decrease, discounting the impact of growing currency translation, we actually realized a strong year-over-year revenue growth in our functional currency RMB, beating the microeconomic challenges. We are seeing more visitors as our parts return to normal operations, and we keep enhancing management and operations to control cost, improve efficiency, and enhance visitors' satisfaction. 我们期待看到更多的年轻人和他们的家人朋友来我们的游乐园和水上乐园游玩。 我们将尽自身最大的努力为游客们带来愉悦的游园体验。 As the tourism and entertainment industries are recovering, we expect an increasing number of tourists, especially during the summer holidays. We look forward to seeing more young people and their friends and families visit our amusement and water parks. We will make every effort to ensure they enjoy their visit. We are mapping our strategic initiatives to improve the environment and facilities of our amusement parks, leveraging our parks' good geographic locations and fun rides and attractions. We are well-positioned for even stronger business growth, which we believe will translate into greater shareholder value. 感谢大家对我们的大力支持。 接下来由首席财务官龚先生来回顾公司这段时间的财务表现。 有请龚先生。 Thank you for your continued support for us. Next. I will turn the call over to our Chief Financial Officer, Mr. Gong, for the closer review of our operational and financial results. Mr. Gong, please go ahead.

speaker
Gong Jingguang
Chief Financial Officer

Thank you, Ms. Jin. Good morning, everyone. On behalf of the management team,

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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