LIZHI INC.

Hello, ladies and gentlemen. Thank you for standing by for Leju Incorporated's third quarter 2020 earnings conference call. At this time, all participants are in a 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, Effie Kang, head of capital markets for the company. Please go ahead.

Thank you very much. Hello, everyone, and welcome to Li Zhi Inc's third quarter 2020 earnings conference call. We released our financial and operating results via Newswire services earlier today, and they are available online. Participants on today's call will include our founder and CEO, Mr. Marco Lai, and our acting CFO, Ms. Chen Fanglu. Management will begin with prepared remarks, and the call will conclude with a Q&A session. As a reminder, this conference is being recorded. In addition, an earnings highlight presentation and a webcast replay of this conference call will be available on the IR section of our website at ir.lich.fm. 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. These statements typically contain words such as may, will, expect, target, estimate, intent, belief, potential, continue, or other similar expressions. Forward-looking statements involve inherent risks and uncertainties. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. many of which factors are beyond our control. The company, its affiliates, advisors, representatives, and underwriters do not undertake any obligation to update these forward-looking information, except as required under the applicable law. Please note that the EGIS earnings press release and this conference call include discussions of unaudited gap financial measures, as well as unaudited non-gap financial measures. Li Zhi's press release contains a reconciliation of unaudited non-GAAP measures to unaudited GAAP measures. I will now turn the call over to our founder and CEO, Mr. Marco Lai. Please go ahead.

Hello, everyone. Thank you for joining us today. Our healthy third quarter results