VNET Group, Inc.

The conference will begin shortly. To raise your hand during Q&A, you can dial star 11.

Hello, ladies and gentlemen. Thank you for standing by for the second quarter 2022 earnings conference call for VNet Group Inc. At this time, all participants are in listen-only mode. After the speaker's presentation, after the management's prepared remarks, there will be a question and answer session. Participants from our management include Mr. Samuel Shen, Chief Executive Officer and Executive Chairman of Retail IDC, Mr. Tim Chen, Chief Financial Officer, and Ms. Xingyuan Liu, Investor Relations Director of the company. Please note that today's conference call is being recorded. I'll now turn the call over to the first speaker today, Ms. Xingyuan Liu. Please go ahead.

Thank you, operator. Hello, everyone, and welcome to our second quarter 2022 earnings conference call. Our earnings release was distributed earlier today, and you can find a copy on our IR website as well as our newswire services. Please note that the discussion today will contain forward-looking statements made under the SIFT-HBR provisions of the US Private Securities Litigation Report Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. For detailed discussions of these risks and uncertainties, please refer to our latest annual report and other documents filed with the SEC. VNAT does not undertake any obligations to update any forward-looking statements except as required under applicable laws. Please also know that VNAT's earnings press release and this conference call include the disclosure of unaudited GAAP financial matters as well as unaudited non-GAAP financial matters. VNAT's earnings press release contains a reconciliation of the unaudited non-GAAP matters to the unaudited GAAP matters. As a reminder, this conference is being recorded. In addition, a webcast of this conference call will also be available on our IR website at ir.vnet.com. I will now turn the call over to our CEO, Samuel.