VNET Group, Inc.

Hello, ladies and gentlemen. Thank you for standing by for the second quarter 2023 earnings conference call from VNet Group Inc. At this time, all participants are in listen-only mode. After the management's prepared remarks, there will be a question and answer session. Participants from our management include Mr. Jeff Dong, Chief Executive Officer, Mr. Kyu Wong, Chief Financial Officer, Mr. Tim Chen, Chief Strategy Officer, and Ms. Xinyuang Liu, Investor Relations Director of the company. Please note that today's conference call is being recorded. I will now turn the call over to the first speaker today, Ms.

Xinyuang Liu. Please go ahead.

Thank you, operator. Hello, everyone, and welcome to our second quarter 2023 earnings conference call. Our earnings release was distributed earlier today, and you can find a copy on our AIRA site as well as on Newswire Services. Please note that the discussion today will contain forward-looking statements made under the SIG HARBOR provisions of the U.S. Private Securities Litigation Reform 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 note that VNAT's earnings precedents and this conference call include the disclosure of unaudited gap financial matters as well as and Audited Net Gap Financial Matters. VNet's earnings press release contains a reconciliation of these audited net gap matters to the audited gap 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, Jeff.