36Kr Holdings Inc.

Hello, ladies and gentlemen. Thank you for standing by for 36KR Holdings Incorporated's fourth quarter and fiscal year of 2020 earnings conference call. At this time, all participants are in listen-only mode, and after 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 Liu, IR Manager of the company. Please go ahead, Yolanda.

Thank you very much. Hello, everyone, and welcome to 36KR Holdings fourth quarter and the fiscal year 2020 earnings conference call. The company's financial and operational results were released 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 the CEO, Mr. Da Gongfeng, and our Acting CFO, Mr. Xiang Li. Mr. Feng will start the call by providing an overview of the company and performance highlights of the quarter in Chinese, followed by English integration. Mr. Li 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 Legation 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. Full 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 except as required under applicable law. Please note that 36KR's earnings press release in this conference call include discussions on audited GAAP financial measures as well as on audited non-GAAP financial measures. 36KR's press release contains reconciliation of the 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. Paul, please go ahead.

Thank you. Thank you, everyone. Thank you for attending our 2020 fourth quarter and full-year conference.