JD.com, Inc.

Hello, and thank you for standing by for JD.com's first quarter 2022 earnings conference call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a question and answer session. Today's conference is being recorded. If you have any objections, you may disconnect at this time. I would now like to turn the meeting over to your host for today's conference, Mr. Shawn Jeng, Director of Investor Relations. Please go ahead.

Thank you, Michelle. Good evening and good morning, everyone. Welcome to our first quarter 2022 earnings conference call. Joining us on the call today are Mr. Lei Xu, our CEO, and Ms. Sandy Xu, our CFO. For today's call, Lei will kick off with opening remarks, and Sandy will discuss the financial highlights. After that, we'll open the call to questions from analysts. Before we continue, let me remind you, today's call will include forward-looking statements. And please refer to our latest safe harbors statement in the earnings press release on our IR website, which applies to this call. Also during this call, we'll discuss certain non-GAAP financial measures. Please also refer to our earnings press release, which contains a reconciliation of non-GAAP measures to the comparable GAAP measures. Finally, please note unless otherwise stated, all figures mentioned in this call are in RMB. I would like to turn the call over to Mr. Lei Xu, our CEO, Mr. Xu.

Hello, investors. Thank you for attending the first quarter of 2022.