Jiayin Group Inc.

Ladies and gentlemen, thank you for standing by and welcome to the GIAN group third quarter of 2020 earnings conference call. Currently, all participants are in listen-only mode. Later, we'll conduct a question and answer session and instructions you'll follow at that time. As a reminder, we are recording today's call. If you have any objections, you may disconnect at this time. I will now turn the call over to Ms. Julia Tam, Managing Director of the Blue Shirt Group Asia. Ms. Tam, please go ahead.

Hello, everyone. Thank you all for joining us on today's conference call to discuss Jain Group's financial results for the third quarter of 2020. We released the results early today. The press release is available on the company's website as well as from Newswire Services. On the call with me today are Mr. Yan Dinggui, Chief Executive Officer, Mr. Charlie Fang, Chief Financial Officer, and Mrs. Xu Yifang, Chief Risk Officer. Before we continue, please note that today's discussion will contain forward-looking statements made under Safe Harbor provision of the U.S. Private Security Litigation Reform Act of 1995. Forward-looking statements involve high-risk 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 filing with SEC. The company does not assume any obligation to update any forward-looking statement, except as required under PIPO law. Also, please note that unless otherwise stated, all the figures mentioned during the conference call are in Chinese R&B. With that, let me now turn the call over to our CEO, Yan Jinghui. Mr. Yan will speak in Chinese, then our IR Director, Shelly Bai, will translate his comments to English. Go ahead, Mr. Yan.

Hello, everyone. Thank you for participating in the third quarter of the financial phone conference in 2020. We are satisfied with the solid performance of this quarter. The company has made significant progress in promoting business transformation and cost structure optimization. The most important thing to note is that as of November 10, 2020, the P2P share has been completely cleared. This is a major milestone for Jiayin. Hello everyone, thank you for joining our third quarter 2020 earnings conference call.