NetEase, Inc.

Good day and welcome to the NetEase 2022 fourth quarter and year-end earnings conference call. Today's conference is being recorded. At this time, I would like to turn the conference over to Margaret Sher, IR Director of NetEase.

Please go ahead.

Thank you, Operator. Please note the discussion today will contain four looking statements. relating to future performance of the company and are intended to qualify for safe harbor from liability as established by U.S. private securities litigation reform act. Such statements are not guarantees of future performance and are subject to certain risks and uncertainties, assumptions, and other factors. Some of these risks are beyond company's control and could cause actual results to differ materially from those mentioned in today's press release and in this discussion. A general discussion of the risk factors that could affect the business and the financial results is included in certain filings of the company with the Securities Exchange Commission, including its annual report on Form 20F, an announcement and the filings on the website of Hong Kong Stock Exchange. The company does not undertake any obligation to update its forward-looking information except as required by law. During today's call, management will also discuss certain non-gamma non-GAAP financial measures for comparison purposes only. For a definition of a non-GAAP financial measure and a reconciliation of the GAAP to non-GAAP financial results, please see the 2022 fourth quarter and the four-year earnings needs release issued earlier today. As a reminder, this conference is being recorded. In addition, an invested presentation and a webcast replay of this conference call will be available on the NetEase corporate website at ir.netease.com. Joining us today on the call from NetEase Senior Management is Mr. William Ding, Chief Executive Officer, Mr. Charles Yan, Chief Financial Officer, as well as other members of the senior management team. I will now turn the call over to Charles, who will read the prepared remarks on behalf of WIT.