Kingsoft Cloud Holdings Limited

Ladies and gentlemen, thank you for standing by, and welcome to Kingsoft Cloud first quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there's going to be a question and answer session. If you wish to ask a question, please press start 1-1 from your telephone. I would now like to hand the conference over to the AR manager, Nicole Shan. Please go ahead, Ma.

Thank you, operator.

Hello, everyone, and thank you for joining us today. Kingsoft Cloud's first quarter 2023 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 Vice Chairman and CEO, Mr. Zhou Tao, and our CFO, Mr. He Haijian. Mr. Zhou will review our business strategies, operations, and company highlights, followed by Mr. He, who will discuss the financials as a guidance. They will be available to answer your questions 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 demanded 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 current market and operating conditions, and relate to U.N. standing while known or unknown risk 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 maturely from those in the forward-looking statements. Further information regarding these and other risks, uncertainties, 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, or otherwise, except 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 is now my pleasure to introduce our Vice Chairman and CEO, Mr. Zou. Please go ahead. Thank you.