Kingsoft Cloud Holdings Limited

Good day and welcome to Kingsoft Cloud's fourth quarter and fiscal year 2021 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star then one on your touchtone telephone. If anyone should require assistance during the conference, please press star then zero to reach an operator. As a reminder, this call is being recorded. I would like to turn the call over I'm Nicole Shan, IR Manager of Kingsoft Cloud. You may begin.

Thank you, Michelle. Hello, everyone, and thanks for joining us today. Kingsoft Cloud's post-quarter and fiscal year 2021 earnings release was distributed earlier today and is available on our IR website at ir.ksyun.com, as well as on Global Newswire's services. On the call today from Kingsoft Cloud, we have our CEO, Mr. Yulin Wang, and the CFO, Mr. Henry He. Mr. Wang will review our business operations and company highlights, followed by Mr. He, who will discuss the financials and the guidance. They will be available to answer your question during the Q&A session that follows. There will be consecutive interpretations. Our 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 Delegation Reform Act of 1995. These forward-looking statements are based upon management's current expectations and the current market and operating conditions, and they 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 statements. Further information regarding these and other risks and certainties or factors are included in the company's filings with the US SEC. The company does not undertake any obligation to update any forward-looking statements. As a result of new information, future events are otherwise accepted as required under applicable law. Finally, please note that unless otherwise stated, all financial figures mentioned during this conference call are denominated in RMB. It's now my pleasure to introduce our CEO, Mr. Yu Dingwang. Please go ahead.

Thank you, Nicole. Hello, everyone. Welcome to the 4th quarter of 2021, the 4th quarter of 2021, the 4th quarter of 2021, the 4th quarter of 2021, In the fourth quarter, the total revenue of the company reached RMB 26.6 billion, which increased by about 38%. The total revenue of the company was 15.3 billion, and the revenue of the industry reached 11.3 billion, which increased by 111%. In 2021, the total revenue of the company was RMB 90.6 billion, which increased by 38%. The total revenue of the company was 61.6 billion, and the revenue of the industry was 29 billion.