Yunji Inc.

Good morning and good evening, ladies and gentlemen. Thank you and welcome to Yungi's first quarter 2022 earnings conference hall. With us today are Mr. Shang Liu, Chairman and Chief Executive Officer, Mr. Peng Zhang, Vice President of Finance, and Ms. Kay Liu, Investor Relations Director of the company. Now I would like to hand the conference over to our first speaker today, Ms. Kay Liu, IRD of Yungi. Please go ahead, ma'am.

Hello everyone. Welcome to our first quarter 2022 earnings call. Before we start, please note that this call will contain forward-looking statements within the meaning of the Private Securities Integration Reform Act of 1995 that are based on our current expectations and current market operating conditions and relate to events that involve known or unknown risks, uncertainties, and other factors affecting the industry. These forward-looking statements can be identified by a terminology such as will, expect, anticipate, continue, or other similar expressions. For detailed discussion of these risks and certainties, please refer to our related document file with USFCC. Any forward-looking statement that we make on this call are based on assumptions as of today and are expressly qualified entirely by cautioning statements, risk factors, and details of the company filing with SEC. Yunji does not undertake any application to update this statement as best as required on applicable law. With that, I will now turn over to Shang-Rui Zhao, Chairman and CEO of Yunji.

Hello, everyone. Welcome to Yunji's first quarter 2022.