Huize Holding Limited

Today's conference is scheduled to begin shortly. Please continue to stand by. We thank you for your patience. Thank you. Thank you. Ladies and gentlemen, thank you for standing by and welcome to Waiter Holdings Limited first quarter 2022 earnings conference call. At this time, all participants are in the listen only mode. After the management's prepared remarks, we will have a question and answer session. Today's conference call is being recorded and a webcast replay will be available. Please visit Waiter's IR website at IR.Huizhe.com under the events and webcast section. And I'd like to hand the conference over to your speaker host today, Ms. Harriet Hu, Huizhe's Investor Relations Director. Please go ahead, Harriet.

Thank you, operator. Hello, everyone, and welcome to our earnings conference call for the first quarter of 2022. Our financial and operating results were released earlier today and are currently available on both our IR website and the newswire. Before we continue, I would like to refer you to the safe harbor statement in our earnings press release, which also applies to this call as we will be making forward-looking statements. Please also note that we will discuss non-GAAP measures today, which are more thoroughly explained in our earnings release and file links with the SEC. Joining us today are our founder and CEO, Mr. Sunjin Ma, COO, Mr. Li Jiang, co-CFO, Mr. Minghan Xiao, and co-CFO, Mr. Ronald Chen. Mr. Ma will start a call by providing an overview of the company's performance and operational highlights for the first quarter of 2022. Mr. Chen will then provide details on the financial results for the period before we open up the call for questions. I will now turn the call over to Mithuna.

大家好,欢迎大家参加汇泽2022年第一季度的业绩发布会。 回过一季度。 Hello, everyone. 哈瑞,进行,你进行。 Hello, everyone, and thank you for joining Huize's first quarter 2022 earnings conference call. Looking back at the first quarter, our operating environment is full of challenges. On the one hand, the repeated economic uncertainty of the COVID-19 epidemic is increasing, which has led to the needs of insurance consumers. On the other hand, the supply side of Internet insurance has been hit by the short-term impact of new rules, and people have not been able to retire. We have been able to lay a solid foundation for many years, and we have been able to perform better in terms of business and development.