UP Fintech Holding Limited

Ladies and gentlemen, thank you for standing by. Welcome to UpFintech Holding Limited second quarter 2026 earnings conference call. At this time, all participants are in listen-only mode. There will be a presentation followed by a question and answer session. I must advise you that this conference is being recorded today, August 26, 2026. I would now like to hand the conference over to our first speaker today, Mr. Aron Lee, the Head of Investor Relations. Thank you. Please go ahead.

Thank you, operator. Hello, everyone, and thank you for joining us for the call today. Ops Fintech Holding Limited's second quarter 2026 earnings release was distributed earlier today, and is available on our website at ir.itiger.com, as well as global newsreel services. On the call today from Ops Fintech, Mr. Wu Tianhua, Chairman and CEO, Mr. Zhang Zeng, our CFO, and Mr. Huang Lei, CEO of US Tech Securities. Mr. Wu will give an overview of our business operations and discuss corporate highlights. Mr. Zeng will then discuss our financial results. They will both be available to answer your questions during the Q&A session that follows the remarks. Now let me cover the safe harbor. The statements we are about to make contain forward-looking statements within the meaning of the U.S. Privacy, Security, and Education Reform Act of 1995 a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. For more information, please report our Form 6-K furnished today and our annual report on Form 20-X, filed on April 24, 2026. We undertake no obligation to update any forward-looking statement, except as required under applicable law. It is my pleasure to now introduce our CEO and Chairman, Mr. Wu, Mr. Wu will make remarks in Chinese, which will be followed by English translation. Mr. Wu, please go ahead with your remarks.

Hello, everyone. Thank you for attending the second quarter of the Tiger Brokers' 2026 earnings conference call. In the second quarter of the 2026 earnings conference call, the company's income and interest-related income and the same period last year have all made significant improvements. The total number of companies in this quarter has reached US$1.82 billion. The starting price is relatively high, with a net profit of 17.7% and a net profit of 31.4%. The operating profit is US$56.8 million, with a net profit of 19.5% and a net profit of 12.6%. Gap and non-Gap net profits belonging to Tiger International have reached US$39.4 million and US$4,280 million respectively. In the second quarter, we saw meaningful improvement in both commission income and interest-related income compared with the previous quarter and the same period last year. Our total revenue for the quarter reached 182 million US dollars, an all-time high