Weibo Corporation

Good day, and thank you for standing by. Welcome to Weibo fourth quarter and fiscal year 2022 financial results conference call. At this time, all participants are in the listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To redraw your question, please press star 11 again. Please be advised that today's conference is being recorded. And I'd like to hand the conference over to Ms. Sandra Chung from Weibo IR team. Please go ahead, ma'am.

Thank you, operator. Welcome to Weibo's fourth quarter and fiscal year 2022 earnings conference call. Joining me today is our Chief Executive Officer, Gazi Wang. and our Chief Financial Officer, Pete House. The conference call is also being broadcast on the internet and is available through Weibo's IR website. Before the management remarks, I would like to read you a safe, proper 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 statement. Weibo assumes no obligation to update a forward-looking statement in this conference call and elsewhere. Further information regarding this and other risks is included in Weibo's annual report on Form 20F and other findings with the SEC. All the information provided in this press release is occurring as of the date hereof. Weibo assumes no obligation to update such information, except as it requires applicable law. Additionally, I would 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 the future prospects. Our non-GAAP financials include certain expenses, gains or losses, and other items that are not expected to result in future cash payment, or are not recurring in nature, or are not indicative of our core operating results and outlook. Please refer to our press release for more information about our non-GAAP measures. Annoying 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, Gao Feiwang.

Thank you. Hello, everyone. Welcome to the Weibo Telecom Conference.