Jiayin Group Inc.

Good day, ladies and gentlemen. Thank you for standing by, and welcome to the Zhe Yan Group Second Quarter 2020 Earnings Conference Call. At this time, all participants are in a listen on the mode. Later, we will conduct a question and answer session, and instructions will follow at that time. As a reminder, we're recording today's call. If you have any objections, you may disconnect at this time. Now I'll turn the call over to Susie Zhang, Director of the Blue Shirt Group Asia. Ms. Zhang, please proceed.

Hello, everyone. Thank you all for joining us on today's conference call to discuss Zhe Yang Group's financial results for the second quarter of 2020. We released the results earlier today. The press release is available on the company's website as well as from the Zhe Yang Fire Services. On the call with me today are Mr. Yan Dinggui, Chief Executive Officer, Mr. Charlie Fan, Chief Financial Officer, and Ms. Jie Fang, Chief Risk Officer. Before we continue, please note that today's discussion will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Security Litigation Reform Act of 1995, forward-looking statements involving heavy risks and uncertainties. As such, the company's actual results may be materially different from the expectations expressed today. Further information regarding these and other risks and uncertainties is included in the company's public findings with SEC. The company does not assume any obligation to update any forward-looking statements except as required on the ethics of the law. Also, please note that unless otherwise stated, all figures mentioned during the conference call are in Chinese. With that, let me turn now to the call over to our CEO, Yan Dinggui. Mr. Yan will speak in Chinese, and then our IR Director, Shelly Bai, will translate his comments to English. Go ahead, Mr. Yeltsin.

Hello, everyone. Thank you for taking part in the second quarter of the 2020 Jiayin Group Inc. press conference. Despite facing the COVID-19 pandemic and the uncertain dual impact, we are very happy that the company has made significant progress in the second quarter and achieved a stable financial performance. It is worth mentioning that we have completed the successful transformation from individual funds to institutional funds. In the second quarter, Hello, everyone.