LexinFintech Holdings Ltd.

Good day and thank you for standing by. Welcome to Leasing FinTech fourth quarter 2023 earnings conference call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you'll need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Mandy Dong, IR Director. Please go ahead.

Hello, everyone. Welcome to Le Xin's fourth quarter and full year 2023 earnings conference call. Our results were issued earlier today and can be found on our IR website. Joining me today are our CEO, Jay Hsiao, CRO, Arvin Chow, and CFO, James Zheng. Before we get started, I'd like to remind you of our Safe Harbor Statements in our earnings press release, which also applies to this call. During the call, we may refer to business outlook and forward-looking statements, which are based on our current plans, estimates, and projections. The actual results may differ materially and we undertake no obligation to update any forward-looking statements. Last, unless otherwise stated, all figures mentioned are in RMB. In today's call, Jay will first provide an update on our overall performance. Arvind will discuss risk management progress. James will cover the financial results in more detail. I will now turn the call over to Jay. His remarks will be in Chinese, and English translation will follow.

Hello, everyone. I am very happy to share with you the results of our 2023 design. The current macroeconomic environment and industry challenges us. In the fourth quarter, we adopted a cautious and stable business strategy, and adhered to both risk and data drive to achieve stable development. Good evening and good morning. I'm pleased to give an update regarding our performance.