LexinFintech Holdings Ltd.

And gentlemen, thank you for standing by and welcome to the Lexin FinTech 4th Quarter and Full Year 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode. I must advise you that this conference is being recorded today. I would now like to hand the conference over to your first speaker today, Mr. Tony Hung, Senior Director of Capital Markets. Thank you. Please go ahead.

Thank you, operator. Hello, everyone, and welcome to Lushin's fourth quarter and full year 2020 earnings conference call. The company's results were issued earlier today and are posted online. Joining me today on the call are Mr. Jay Hsiao, our founder, chairman, and chief executive officer, Mr. Craig Zinn, our chief financial officer, Mr. Yang Chao, our vice president, Mr. Stanley Zhao, our senior financial director, and other members of our team. For today's agenda, Mr. Hsiao will provide an overview of our recent performance and highlights, Mr. Zeng will discuss our financial results, and Mr. Chao will discuss our credit performance. Before we continue, I refer you to our safe harbor statement in the earnings press release, which applies to this call, as we will make forward-looking statements. Also, please note that this call includes discussions of certain non-GAAP financial measures. Please refer to our earnings release, which contains a reconciliation of non-GAAP measures to the most directly comparable GAAP measures. Finally, please note that unless otherwise stated, all figures mentioned during this conference call are unlimiting. I will now turn the call over to our CEO, Mr. Xiao, whom I will translate for. 好的,四季度乐信2Bank的科技住在模式,我们取得了重大的进展。 我们在新增的交易中,无风险存科技的整个的一个部分比例首次达到50%,

In the fourth quarter, Pershing's two-bank technology loan facilitation model achieved significant growth.