Yunji Inc.

Good morning and good evening, ladies and gentlemen. Thank you for standing by, and welcome to Yenji's third quarter 2023 earnings conference call. With us today are Mr. Shang Li Xiao, Chairman and Chief Executive Officer, Mr. Yi-Ching Sui, Senior Financial Director, and Ms. Kay Liu, Investor Relations Director of the company. As a reminder, this conference call is being recorded. Now, I would like to hand the conference over to our first speaker today, Ms. Kay Liu, Investor Relations Director of Yenji. Please go ahead, ma'am.

Hello, everyone. Welcome to our third quarter 2023 earnings call. Before we start, please note that the call will come forward-looking statement within the meaning of the private security litigation movement. 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 of the industry. These forward-looking statements 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 documents that file with USCCC. Any forward-looking statement that we make on this call are based on assumptions as of today, and are expressly qualified in the entirely by cautionary statement, risk factors, and details of the company filing with SEC. Yunji does not undertake any obligation to update this statement except as a quite inapplicable law. With that, I will now turn over to Shangyue Xiao, Chairman and CEO of Yunji.

Hello, everyone. Welcome to Yunji's third quarter of the financial phone call in 2023.