Huize Holding Limited

Ladies and gentlemen, thank you for standing by and welcome to Huitza Holdings Limited's fourth quarter and full year 2022 earnings conference call. At this time, all participants are in a 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 Huitzer's IR website at ir.huitzer.com under the events and webcast section. I'd now like to hand the conference over to your speaker today, Ms. Harriet Hu, Huitzer's Investor Relations Director. Please go ahead, Harriet. Thank you, operator.

Hello, everyone, and welcome to our earnings conference call for the fourth quarter and full year of 2022. Our financial and operating results were released earlier today and are currently available on both our IELTS website and the newsletter. 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 examined in our earnings release and filings with the ACC. Joining us today are our founder and CEO, Mr. Chunjun Ma, COO, Mr. Li Jiang, co-CFO, Mr. Minghan Xiao, and co-CFO, Mr. Rong Tan. Mr. Ma will start a call by providing an overview of the company's performance and operational highlights for the fourth quarter and full year of 2022. Mr. Tam 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 Mr. Ma.

Hello, everyone. Welcome to the 4th quarter of 2022 and the 8th quarter of the entire year. Looking back at the 4th quarter, the country's epidemic is frequent, the situation is severe, the consumer activity and confidence are affected, lead to the overall economic recovery of the insurance industry. In the face of a challenging macroeconomic environment, we actively adjust products, operations, and other strategies to reduce risk and risk reduction, and be resilient to run as the primary goal. At the same time, we continue to advance the digital insurance service platform ecosystem strategy of ABC all channels to make good progress. The whole year of 2022, the entire platform contributed to the total insurance fee RMB Hello everyone and thank you for joining Huizi's fourth quarter and four year 2022 earnings conference call. In the fourth quarter,