Yunji Inc.

Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to UG's second quarter 2024 earnings conference call. With us today are Mr. Sheng Li Zhao, Chairman and Chief Executive Officer, Mr. Yi-Qing Hu, 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 turn the conference over to our first speaker, Ms. K. Liu, IRD of UG. Please go ahead, ma'am.

Hello, everyone. Welcome to our second quarter 2020 for earnings call. Before we start, please note that is covered content. Forward-looking statement within the meaning of the private security litigation reform act of 1995 that are based on our current expectations and current market approach conditions and relate to events that involve unknown risks, uncertainties, and other factors of unity in this industry. These forward-looking statements can be identified by terminologies such as will, expect, anticipate, continue, or other similar expressions. For a detailed discussion of these risks and uncertainties, please refer to our related document filed with USFCC. Any forward-looking statement that we make on this call are based on assumptions as of today. and I expressly qualify in the entirely bi-quotient statement, risk factors, and details of the company's filing with SEC. Yunxi do not undertake any obligation to update this statement except as required on the applicable law. With that, I will now turn over to Shangrui Xiao, Chairman and CEO of Yunxi.

Hello, everyone. Welcome to Yunji's second quarter 2024 earnings call.