PDD Holdings Inc.

Ladies and gentlemen, thank you for standing by and welcome to Penn Dodo first quarter 2022 earnings conference call. At this time, all participants are in a listen only mode. There will be a presentation followed by a question and answer session, at which time, if you wish to ask a question, you will need to press star one on your telephone. I must advise you that this conference is being recorded today. I would now like to hand the conference over to your host today, Mr. Chen Pin. Sir, please go ahead.

Thank you, operator. Hello, everyone, and thank you for joining us today. My name is Chen, and I will help host the earnings call. Pinduoduo earnings release was distributed earlier and is available on our website at investor.pinduoduo.com, as well as through Global Newswire Services. Before we begin, I would like to refer you to our safe harbor statement in the earnings press release, which applies to this call. as we will make certain forward-looking statements.

With only one click, you can see everything about any account or client, all in a single view. Send and receive emails directly from Monday CRM and log any call, meeting, or activity to stay on track. Use code-free automations to make your CRM work for you and not the other way around. And finally, keep track of everything at a glance, from deal status to your team's performance, with dashboards that you can easily customize to suit you. Monday CRM gives you a bird's eye view of your entire sales cycle, so you always know what's working and what's not. Go to Monday.com to start your free trial today.