Kingsoft Cloud Holdings Limited

Good morning, ladies and gentlemen, and thank you for standing by for Kingsoft Cloud's first quarter 2021 earnings conference call. At this time, all participants are listed on the note. After management's prepared remarks, there will be a question and answer session. As a reminder, today's conference call is being recorded. I will now turn it over to your host for today's call, Mr. Cole Shantz, Investment Relations Manager of Kingsoft Cloud. Please proceed, Nicole.

Thank you, operator. Hello, everyone, and thank you for joining us today. Kingsoft Cloud's first quarter 2021 earnings release was distributed earlier today and is available on our IR website at ir.kyu.com, as well as on global newsware services. On the call today from Kingsoft Cloud, we have our CEO, Mr. Yulin Wang, and our CFO, Mr. Haijian Hongrihe. Mr. Wang will review our business operations and company highlights followed by Mr. He, who will discuss the financials and the guidance. You will be available to answer a question during the Q&A session that follows. There will be consecutive interpretations. All interpretations are for your convenience and reference purpose only. In case of any discrepancy, management statement in the original language will prevail. Before we begin, I'd like to remind you that this conference call contains forward-looking statements. within the meaning of Section 21E of the Security Exchange Act of 1934, as amended and as defined in the U.S. Private Security Litigation Reform Act of 1995. These forward-looking statements are based upon management's current expectations and the current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties, and other factors, all of which are difficult to predict and many of which are beyond the company's control. which may cause the company's actual results, performance, or achievements to differ materially from those in the forward-looking statement. Further information regarding this and other risks, uncertainties, or factors are included in the company's filings with the US SEC. The company doesn't undertake any obligation to update any forward-looking statement as a result of new information, future events, or other risks, except as required under applicable law. No doubt unless otherwise stated all financial figures mentioned during this conference call as denominated in RMB It's now my pleasure to introduce our CEO, Mr. Yulin Long. Please go ahead.

Thank you, Nicole, and welcome you all for joining our first quarter 2021 earnings call. In this quarter, we generated RMB 1.81 billion in total revenues,