36Kr Holdings Inc.

Hello, ladies and gentlemen. Thank you for standing by for 36KR Holdings Incorporated's third quarter 2020 earnings conference call. At this time, all participants are in a listen only mode. After the management's prepared 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 Hughes, IR manager of the company. Please go ahead, Yolanda.

Thank you very much. Hello, everyone, and welcome to 36KR Holdings' third quarter 2020 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, Mr. Da Gongfeng, Paul, and our CFO, Ms. Ji Hongliang. 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. Ji Hongliang will then provide details on the company's financial results before opening the call for questions. Before we continue, Please know that today's discussion will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Legitimation 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 prospectus and other public filings as filed with the U.S. SEC. The company does not assume any obligation to update any forward-looking statements as required under the applicable law. Please note that Thursday KR's earnings press release and the conference call include discussions on audited GAAP financial measures as well as on audited non-GAAP financial measures. 36KR's press release contains a reconciliation of the on-audited non-GAAP measures to the on-audited 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. Thank you.

Hello, everyone. Welcome to the third quarter of our 2020-2021 financial report conference.