36Kr Holdings Inc.

Hello, ladies and gentlemen. Thank you for standing by for 36KR Holdings Inc's second half and fiscal year 2024 earnings conference call. At this time, all participants are in listen-only mode. After management's prepared remarks, there will be a question and answer session. Today's conference call is being recorded. I'll now turn the call over to your host, Xin Wang, IR manager of the company. Please go ahead, Xin. Thank you very much.

Hello, everyone, and welcome to 36KR holding the second half and the fiscal year 2024 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, Mr. Xiang Li. Mr. Feng will start the call by providing an overview of the company in the performance highlights for the second half and the full year in Chinese, followed by an English interpretation. 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 Security Litigation Reform Act of 1995, forward-looking statements involving inherent risks and uncertainties. As such, the company's results may be materially different from the views expressed today. Further information regarding risks and uncertainties included in the company's prospectus and other public filings is filed with USSEC. The company does not assume any obligation to update any forward-looking statements except as required under . Please note that 36KR's earnings press release in this conference call include discussion 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 its unaudited gap measures. And please note that all amounts are in RMB. I will now turn the call over to our Co-Chairman and the CEO, Mr. Da Gangfeng. Pell, please go ahead.

Thank you.