Jiayin Group Inc.

Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Jiayin Group first quarter 2023 earnings conference call. Currently, all participants are in 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'll now turn the call over to Mr. Shawn Zhang from Inventor Relations of Jiayin Group. Please proceed.

Thank you, operator. Good day, everyone, and welcome to Giant Group's 2023 First Quarter Earnings Conference Call. We released our earning results earlier today via Newswire Services. You may check the press release and sign up for the company's email alerts by visiting our IR webpage. On the call with me today are Mr. Yanding Gui, Chief Executive Officer, Mr. Fan Chunlin, Chief Financial Officer, and Ms. Xu Yifeng, Chief Risk Officer. Before we continue, please note that today's discussion will contain forward-looking statements made under the seat proper provisions of the U.S. Private Security Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company's actual results may be materially different from the expectations expressed today. For their information regarding these and other risks and uncertainties is included in the public findings with the SEC. The company does not assume any obligation to update any forward-looking statement except as required under applicable law. Finally, we will post a slide presentation on our investor relations web page soon, providing details of our resource for the quarter. Also, please note that unless otherwise stated, all figures mentioned during the conference call are in Chinese . Let me now turn the call over to CEO, Mr. Yan Dinggui. Mr. Yan will deliver his remarks in Chinese, and I will follow up with corresponding English translations. Please go ahead, Mr. Yan.

Hello, everyone. Thank you for joining our first quarter 2023 earnings conference call. The company's trading volume in this quarter has reached a new high of 1.98 billion RMB, which is better than the previous forecast. In addition, the company's revenue in the first quarter also reached 1.12 billion RMB, which is about 119.5% of the total government. The profit and loss ability has maintained stability and continued to grow strongly.