Yunji Inc.

Good morning and good evening, ladies and gentlemen. Thank you and welcome to Yungi Fourth Quarter 2021 Earnings Conference Call. With us today are Mr. Chong Liu Xiao, Chairman and Chief Executive Officer, Mr. Cheng Ti Zhang, Vice President of Finance, and Ms. Kei Liu, Investor Relations Director of the company. Now, I would like to hand the conference over to our first speaker today, Ms. K. Lu, IRD of Yunji. Please go ahead, ma'am.

Hello, everyone. Welcome to our fourth quarter 2021 earnings call. Before we start, please note that this call will contain a forward-looking statement within the meaning of the Private Security Litigation Reform Act of 1995 that are based on our current expectations and the current market operating conditions and relate to events that involve known or unknown risks, uncertainties, and other factors of the UNC and its industry. This forward-looking statement can be identified by terminologies such as will, expect, anticipate, continue, or other similar expressions. For detailed discussion of these risks and uncertainties, please refer to our related document file with U.S. SEC. Any forward-looking statements that we make on this call are based on assumptions as of today and are especially qualified in the entirely by cautioning statements, risk factors, and details of the company filing with SEC. Vinci do not undertake any obligation to update these statements except as required under applicable law. With that, I will now turn over to Shangyue Jiao, Chairman and CEO of Yunji.

Hello everyone, welcome to Yunji's fourth quarter 2021 earnings call.