Kingsoft Cloud Holdings Limited

Good day and thank you for standing by. Welcome to the Kingsoft Clyde's third quarter 2023 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 this session, you will need to press star one and one on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star one and one again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Wayne Wong, Investor Relations Manager of Kingsoft Cloud. Please go ahead.

Thank you, operator. Hello, everyone, and thank you for joining us today. Kingsoft Cloud third quarter earnings release was distributed earlier today. and is available on our IR website at ir.ksyun.com, as well as on Global Newswire Services. On the call today from Kingsoft Cloud, we have our Vice Chairman and CEO, Mr. Tao Zhou, and CFO, Mr. Henry He. Mr. Zhou will review our business strategy, operations, and company highlights, followed by Mr. He, who will discuss the financials and guidance. They will be available to answer your questions during the Q&A session that follows. There will be consecutive interpretation. All interpretations are for your convenience and reference purposes only. In case of any discrepancy, management statement in the original language will prevail. Before we begin, I would like to remind you that this conference call contains forward-looking statements. Within the meaning of Section 21 of the Securities Exchange Act of 1934 as amended, and as defined in the U.S. Private Securities 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 events that involve 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 achievement 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 U.S. SEC. The company does not undertake any obligation to update any forward-looking statement 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 factors mentioned during this conference call are denominated in OMB. It is now my pleasure to introduce our Vice Chairman and CEO, Mr. Zhao. Please go ahead. Hello, everyone.

Welcome to the 3rd quarter of the YMCA in 2023. The company continues to adhere to the principle of high-quality sustainable development, stick to technical interests, with customers as the center, build up the whole process reputation, strengthen business management, and actively embrace the new AI era. This quarter, Jin Xianyun has achieved further improvement in profitability, with a revenue of RMB 16.3 billion, and a net profit of 12.1% after adjustment. It has achieved a steady increase of 5 consecutive quarters, and a new record of history. Hello everyone, and thank you all for joining KingsoftCloud's third quarter 2023 earnings call.