36Kr Holdings Inc.

Thank you for standing by and welcome to the 36 Kr Holdings Inc. 2026 first half earnings conference call. All participants are in a listen only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to management to begin. Please go ahead.

Thank you very much. Hello everyone and welcome to 36Kr Holdings' first half 2026 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 released by visiting the IR section of our website, ir.36kr.com. Participants on today's call will include our Chairman and CEO, Mr. Dagang Feng, and our Chief Financial Officer, Mr. Xiang Li. Mr. Feng will start the call by providing an overview of companies and the performance highlights of first half in Chinese, followed by English interruptions. 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 involve inherent risks and uncertainties. As such, the company results may be materially different from the views expressed today. Further information regarding those and the other risks and uncertainties is included in company's prospectus and not the public selling itself with the U.S. FEC. The company does not assume any obligation to update any forward-looking statement except required under the applicable law. Please note that 36KR's earning class released and this conference call includes discussion of audited GAAP financial measures Thank you. Hello everyone.

Thank you for attending the 30th anniversary and the first half of 2026.