36Kr Holdings Inc.

Ladies and gentlemen, this is the conference operator. The conference will commence shortly. Please continue to hold. Thank you. Thank you. Hello, ladies and gentlemen. Thank you for staying by. For 36KR Holdings, Inc., first quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode. After management's remarks, there'll be a question and answer section. Today's conference call is being recorded. I'd now like to turn the conference over to your host, Xiaoquan Yan, RR manager of the company. Please go ahead, Xiaoquan.

Thank you very much.

Hello, everyone, and welcome to 36KR Holdings' first quarter 2023 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 on our website at ir.36kr.com. Participants on today's call will include our co-chairman and CEO, Mr. Da Gang Feng, and our CFO, Ms. Lin Wei. Mr. Feng will start the call by providing an overview of the company and performance highlights of the quarter in Chinese, followed by an English interpretation. Ms. Wei 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 Promotion of the U.S. Private Securities Litigation 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 except as required under ethical law. Please note that 36KR's earnings press release and its conference call include discussions of unaudited gap financial measures as well as unaudited non-gap financial measures. 36KR's earnings press release contains a reconciliation of the unaudited non-gap measures to the unaudited gap measures. And please note that all amount numbers are in RMB. I will now turn the call over to our co-chairman and CEO, Mr. Da Gangfeng, Kyle, please go ahead.