CNFinance Holdings Limited

Hello and welcome to the CN Finance first quarter of 2023 on audited financial results conference call. All participants will be in listen only mode. Should you need assistance, please signal a conference specialist by pressing star then zero on your telephone keypad. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then 1 on your telephone keypad. To withdraw your question, please press star then 2. Please note this event is being recorded. I would now like to turn the conference over to Matthew Liu, Investor Relations Manager. Please go ahead.

Thank you. Good morning and evening. Welcome to the CN Finance first quarter of 2023 financial results conference call. In today's call, our director, Vice President, Mr. Quanjun, will walk us through the operating results, followed by the financial results from our acting CFO, Mrs. Li. After that, we will have a Q&A session. Before we start, I would like to remind you that this conference call contains forward-looking statements within the meaning of Section 21E, of the Securities Exchange Act of 1934 as amended, and as defined in the U.S. Private Securities Navigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as will, expects, anticipates, future, intends, plans, believes, estimates, targets, going forward, outlook, and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties, and other factors, all of which are difficult to predict and many of which are beyond the company's control, which may cause the company's actual results, performance, or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties, or factors is included in the company's filings with the U.S. Securities and Exchange Commission. The company does not undertake any obligation to update any forward-looking statement as a result of new information, future events, or otherwise, except as required under law. Now, please welcome Mr. Tianjun.

Thank you for taking the time to Thanks, everyone, for taking your time and attending this conference call. Today, we will introduce CNS's efficient financial results in the first quarter of 2023 and followed by a Q&A session. In this quarter, the company has continued to develop steadily, and has achieved its growth on various important indicators. In this quarter, the company's deposit amount is about RMB 30 billion, which is about 48% of the total growth. Among them, the bank has issued a loan of RMB 1.2 billion under the mortgage model. The total net income is about RMB 21.5 million. This quarter, the total interest income is about RMB 4.5 billion, which is about 9% of the total growth. In the first quarter of 2023,