Hywin Holdings Ltd.

Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to Highwind Holdings Limited's fourth quarter and full year 2021 earnings conference call. At this time, all participants are in the listen-only mode. We will be hosting a question and answer session after management's prepared remarks. I will now turn the call over to the first speaker today, Ms. Luffy Nguyen, Senior Director of Investor Relations in Highwind Holdings. Please go ahead, madam.

Thank you all for joining today's call for High Wings on Audited Financial Results for the fourth quarter and the full fiscal year 2021. Before I start, I refer you to the safe harbor statement in the company's earnings release, which also applies to this conference call today, as our management will make forward-looking statements. On the call with me today are our director and CEO, Madam Wang Din, and our CFO, Mr. Lawrence Locke. Madam Wang will review the company's overall performance for fiscal year 2021. Then Mr. Lawrence Locke will discuss our financial results of both quarter and full fiscal year 2021 in detail. Mr. Locke will translate for Madam Wang. You may refer to our financial results on the company's IR website. I will now turn the call over to Madam Wang.

Hello, everyone. Hello, everyone. Thank you for taking the time to join us today on our earnings call for the fourth quarter and full year fiscal 2021. From the perspective of the Chinese financial market, according to the prediction of the CIC, by the end of 2021, China's total amount of investment assets will exceed RMB2.4 billion. We said that the global epidemic has also further boosted the need for wealth management by the rich. In the face of uncertainty at the macro level and the market level, In this past year,