36Kr Holdings Inc.

Hello, ladies and gentlemen. Thank you for standing by for 36 Kr Holding Inc. Second Quarter 2020 Earnings Conference Call. At this time, all participants are in listen-only mode. After management's remarks, there will be a question-and-answer session. Today's conference call is being recorded. I will now turn the call over to your host, Yolanda Liu, IR Manager of the company. Please go ahead, Yolanda.

Thank you.

Hello everyone and welcome to 36KR Holdings' second quarter 21-year earnings conference call. The company's financial and operational results were released via Newswire services earlier today and have been made available online. You can also view the earnings press release by visiting the IR section of our website at ir.36kr.com. Participants on today's call will include our co-chairman and CEO, Paul, Mr. Feng, and our CFO, Ms. Jihong Liang. Ms. Feng will start the call by providing an overview of the company and performance highlights of the quarter in Chinese, followed by English interpretation. Ms. Liang will then provide details on the company's financial results before opening the call for your questions. Before we continue, Please note that today's discussion will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Legitimacy Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company's results may be materially different from the views expressed today. Further information regarding these and other risks and uncertainties is included in the company's Perspectives and other public filings as filed with U.S. SEC. The company does not assume any obligation to update any forward-looking statements, except as required under the applicable law. Please know that 36KR's earnings press release and this conference call include discussions on audited GAAP financial measures, as well as on audited non-GAAP financial measures. Thursday's KR press release contains a reconciliation of unaudited non-GAAP measures to the unaudited GAAP measures. And please know that all amount numbers are in RMB. I will now turn the call over to our co-chairman and CEO, Mr. Feng. Please go ahead, Feng.