LIZHI INC.

Hello, ladies and gentlemen. Thank you for standing by for Leisure Inc's fourth quarter and fiscal year 2022 earnings conference call. At this time, all participants are in the listen-only mode. After management's remarks, there will be a question and answer session. Today's conference call is being recorded. And I'd like to 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 fourth quarter and fiscal year 2022 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, our COO Mr. Zilong Li, and our Acting CFO Ms. Chengfang Lu. Mr. Li and Ms. Lu will begin with prepared remarks. and the call will conclude with a Q&A session. As a reminder, this conference has been recorded. In addition, an earnings highlights presentation and a webcast replay of this conference call will be available on the IR section of our website at ir.leach.fm. Before we continue, please note that today's discussions will contain forward-looking statements made under the Safe Harbor Prohibition of the U.S. Private Securities Litigation Reform Act of 1995. These statements technically contain words such as may, will, expect, target, estimate, intent, believe, 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's affiliates, advisors, representatives, and underwriters do not undertake any obligation to update this forward-looking information, except as required under the applicable law. Please also note that Li Zhi's earnings class release and this conference call include discussions of unaudited gap financial measures as well as unaudited non-gap financial measures. Please refer to Li Zhi's earnings class release for reconciliation of unaudited non-gap measures to unaudited gap measures. I will now turn the call over to our COO, Mr. Zaloni. Please go ahead.

Hello. I would like to thank everyone for attending LIS's 2022 fourth quarter and all-year-end conference. First of all, I would like to express my sincere gratitude to LIS's team for supporting our shareholders and investors. In the past year, despite the complex global red-light environment, there have been many challenges. We have been steadily promoting globalized business, and continuously expanding our domestic and international products. Through technological innovation, we have been helping business development. We have done our best to promote the application of advanced technology in business. At present, we have used AI voice technology in many products, and we have also launched innovative features such as chat technology. Next, we will continue to upgrade relevant technologies and functions to fully promote the application of AI chat robots in business. Through the creation of an AI chat robot platform, we will expand the interaction scene of AI chat robots with emotional and fun, and provide our users with innovative online experience.

Hello everyone, thank you for joining our fourth quarter and full year 2022 earnings conference call. First of all, on behalf of the Li Zhiqin, I would like to express our deep gratitude to all our shareholders and investors for your continued support. In the past year, despite the challenges posed by headwinds in the global macro environment, we remain committed to steadily promoting our global business development and expanding our diversified product matrix at home and abroad. We also strive to harness the power of technology innovation and integrate the latest advancements of cutting edge technology into our business. At present, we have applied voice AI technology in various existing products and launched an array of innovative AI features, including chatbots. Going forward, we will continue to upgrade our technologies and product features and advance the application of AI chatbots in our products. We aim to provide users with innovative online social companionship experiences by building our AI chatbot platform and creating more engaging, fun, and interactive AI chatbot usage scenarios. that foster emotional connections, ultimately promoting our global business development.