Tarena International, Inc.

Ladies and gentlemen, thank you for standing by and welcome to the first quarter of 2022 Tarina International Incorporation earnings conference call. I must advise you that this conference is being recorded today, May 17, 2022. I would now like to hand the conference over to your first speaker today, Ms. Sylvia Yang, the Investor Relationship Manager. Thank you. Please go ahead.

Thank you, operator. Hello, everyone, and welcome to Tarina's Earnings Conference Call for the first quarter of 2022. The company's earnings results were released earlier today and are available on our IR website, ir.edu.cn, as well as on Newswire Services. Today, you will hear from Ms. Nancy Ying Sun, our CEO, and Mr. Calvin Long, our CFO. who will take you through the company's operational and financial results for the first quarter of 2022, and give revenue guidance for the second quarter of 2022. After their prepared remarks, Nancy and Calvin will be available to answer your questions. Before we continue, please note that The discussion today will contain certain forward-looking statements made under the safe harbor provisions of the U.S. Private Security Litigation Form Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. Carina does not assume any obligation to update any forward-looking statements except as required under applicable law. Also, please note that some of the information to be discussed includes non-GAAP financial measures, as defined in Recommendation G. The U.S. GAAP financial measures and information reconciling these non-GAAP financial measures to Terena's financial results prepared in accordance with U.S. GAAP are included in Terena's earnings release. which has been posted on the company's IR website at ir.edu.cn. Finally, as a reminder, this conference call is being recorded. In addition, a webcast of this conference call is available on Terena's investor relations website. I will now turn the call over to Ms. Nancy Ying Sun, the CEO of Terena. Thank you, Ms. Yang.

Thank you, investors, for your attention. Thank you for coming to this call today.