LexinFintech Holdings Ltd.

Good day and thank you for standing by. Welcome to Le Shing FinTech fourth quarter and full year 2021 earnings conference call. At this time, all participants are in the listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you need to press star 1 on your telephone. Please be advised that today's conference is being recorded. If you have any further assistance, please press star 0. I would now like to hand the conference over to your first speaker today, Ms. Patricia Cheng, Head of Capital Market. Please go ahead.

Thank you. Good morning. Welcome to Le Xin's fourth quarter and full year 2021 earnings call. I'm joined today by CEO Jay Hsiao, CFO Sunny Sun, and CRO Jayden Chow. A quick reminder before we begin. During the call, we will discuss business outlook. Any forward-looking statements that we make on the call are based on assumptions as of today. The actual results may differ materially and will undertake no obligation to update any forward-looking statements. And unless otherwise stated, all numbers mentioned are in RMB. I will now turn the call over to Jay. His remarks will be in Chinese and English translation will follow.

Jay, it's your turn. Hello, everyone. Welcome to Lexin's press conference. I'm very happy to share with you our thoughts on external environment, industry development, and Lexin's as well as some of the optimistic views of the industry. In the short term, the macroeconomic environment will face fluctuations and changes, and uncertainty will increase further. In this year's two government reports, the economic growth target of 5.5% has been set for the past 30 years. In the past year, we have also been affected by geopolitics. The stock price of Chinese enterprises listed in the US companies has been greatly fluctuating. The market sentiment and the basic face of the enterprise