36Kr Holdings Inc.

Thank you for standing by for 36KR Holding Inc.' 's fourth quarter and fiscal year 2023 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, Gianna Ding, IR manager of the company. Please go ahead, Gianna.

Thank you very much. Hello, everyone, and welcome to 36KR Holdings' fourth quarter and fiscal year 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 of our website at ir.36kr.com. Participants on today's call will include our co-chairman and CEO, Mr. Da Gangfeng, and our chief financial officer, Ms. Ling Wei. Mr. Fung will start the call by providing an overview of the company and performance highlights of the COVID change, 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 Provisions 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 this and other risks and uncertainties is included in the company's prospectus and other public filings as filed with the US SEC. The company does not assume any obligation to update any forward-looking statements, except as required on the applicable law. Please note that the 36KR's earnings press release and this conference call 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. Gangfeng. Paul, please go ahead.

Thank you. Hello, everyone. Thank you for joining our 4th quarter and physical year 2023 Earnings Conference Call. 2023 was an extraordinary year for 36KR as we continuously strengthened our content ecosystem