Weibo Corporation

Good day and thank you for standing by. Welcome to the Weibo Report's second quarter of 2021 financial results conference call. At this time, all participants are in listen-only mode. Now for the speaker's presentation, there will be a question and answer session. To ask a question during the session, you need to press star 1 on your telephone. And please be advised that today's conference is being recorded. If you require any further assistance, please press star 0. And I'd like to hand the conference over to the first speaker for today, Ms. Flores Sun. Thank you. Please go ahead.

Thank you, Operator. Welcome to Weibo's second quarter 2021 earnings conference call. Joining our call today are our Chief Executive Officer, Gao Fei Wang, and our Chief Financial Officer, Fei Cao. The conference call is also being broadcast on the Internet and is available through Weibo's IR website. Before the management remarks, I'd like to read you the safe harbor statement in connection with today's conference call. During today's conference call, we may make forward-looking statements, statements that are not historical facts, including statements of our beliefs and expectations. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. We will assume no obligation to update the forward-looking statements in this conference call and elsewhere. Further information regarding this and other risks is included in Weibo's annual report on Form 29 and other filings with the SEC. All the information provided in this press release is occurring as of the date hereof. We will assume no obligation to update such information except as required under applicable law. Additionally, I'd like to remind you that our discussion today includes certain non-GAAP measures, which includes stock-based compensation and certain other expenses. We use non-GAAP financial measures to gain a better understanding of Weibo's comparative operating performance and future prospects. Our non-GAAP financials exclude certain expenses, gains or losses, and other items that are not expected to result in future cash payment. or non-recurring in nature were not indicative of our core operating results and our work. Please refer to our press release for more information about our non-GAAP measures. Following management prepared remarks, we will open the lines for a brief Q&A session. With this, I would like to turn the call over to our CEO, Zaofei Wang.

Thank you. Hello, everyone. Welcome to the Weibo Caibao phone call meeting.