Jiayin Group Inc.

Good day, ladies and gentlemen. Thank you for standing by and welcome to the Giant Group's third quarter of 2021 earnings conference call. Currently, all participants are in a listen-only mode. Later, we will conduct a question and answer session and instructions will 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. Susie Wang, Director of the Blue Shirt Group Asia. Ms. Wang, please proceed.

Hello, everyone. Thank you all for joining us on today's conference call to discuss Xia Ying Group's financial results for the third quarter of 2021. We released the results earlier 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. Xi Fang, Chief Risk Officer, and Ms. Celia Chen, Coach Financial Officer. Before we continue, please note that today's discussion will contain forward-looking statements made on the safe harbor provisions of the U.S. Private Security Litigation Reform Act 1995. Forward-looking statements involve inherent risks and certainties. 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 filings with SEC. The company does not assume any obligation to update any forward-looking statements except as required on the applicable law. Also, please note that unless otherwise stated, all figures mentioned during the conference call are in Chinese. Let me be with that. Let me now turn the call over to our CEO, Yanling Gui. Go ahead.

Hello, everyone. Thank you for joining our third quarter 2021 Earnings Conference Call. We delivered another outstanding quarter with impressive financial results, reflecting the success of our growth strategy execution. As we continue to diversify our funding resources and burden our collaborations with our institutional partners, our loan organization volume has doubled from last year to surpass U.S. dollar one beginning with a 43.8% increase in our lead revenue. We believe we are on the right track for our next stage of growth. Leveraged by our continuously effort in expanding our funding resource via maintaining risk management excellence, in quarter three, our funding partners increased to 36%. with another 42 institutions in discussion. We are confident we will have continued top-line growth and capture massive opportunities in the growing consumer market. In this quarter, we resumed our marketing program and began acquiring new customers at a more accelerated pace that is focused on higher credit quality customers. We have maintained an increase rate by sustaining rapid portfolio growth. We started a long program for small business owners. Small businesses are the backbone of our country's economic development and common prosperity initiatives. The act of the option for accessing capital to growth presents a greater maturity for us. However, We are very cautious about what we are offering and the use of loan credit and repayment capabilities. We are gradually rolling out this program and will gather more data and develop differentiated risk on writing criteria and tools to ensure our loans are for borrowers of quality and a good credit. Today, a large portion of our loan volume continues to go to our existing borrowers with higher quality, with our repeat borrowing rate for this quarter at 69.1%. We believe serving higher quality borrowers will improve our credit risk profile and ensure exact quality. We remain dedicated to controlling credit quality with our improved credit scoring system and advanced technology capabilities. Last, I want to mention our efforts in corporate social responsibility, or CSR, which is one of the most important aspects of our corporate culture. Since China was founded, we have been dedicated to creating value for society, adhering to charity, spirit of the in help others, you help yourself. One of our main grants are for the school's program designed for providing better school environments for the children in need. So far, China has made donations to 40 schools across the country, including donations of the school supplies, books, cash awards, and more. In addition to the A4 mission, we also organized various of the events in order to serve more people's lives and contribute better health. We remain committed to launch more initiatives and continuously promoting CSR awareness by organizing and participating in a wide variety of the social and public events. In conclusion, we achieved yet another solid quarter with impressive financial growth. We will continue to advance our technological capabilities and solidify our operation in China and in overseas markets, while working with our institutional partners to further explore our opportunities that will enable us to diversify our business model. We are confident to maintain healthy growth in the quarter ahead and resume robust, consistent, and long-term growth. With that, I will now turn the call over to our CFO, Senior Chen. Senior, please go ahead.