Dingdong (Cayman) Ltd ADR

Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to the Ding Dong Limited First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. Please note that the event is being recorded. I will now turn the conference over to the first speaker today, Nikki Jang, Director of Investor Relations. Please go ahead, sir.

Thank you. Hello, everyone. Welcome to Ding Dong's first quarter 2025 earnings call. With me today are Mr. Changlin Liang, our founder and the CEO, and Mr. Song Wang, our CFO. You can refer to our first quarter 2025 financial results on our IR website at ir.m100.me. You can also access a replay of this call on our IR website when it becomes available a few hours update conclusion. For today's call, management will go through their prepared remarks, which will be followed by a question and answer session. Before we continue, I would like to refer you to our safe harbor statement in our earnings press release, which also applies to this call. As we will be making forward looking statements, please note that all numbers stated in the following management prepared remarks are in R&B terms. And we will discuss non-GAAP measures today, which are more thoroughly explained and reconciled to the most comparable measures reported in our earnings release and the findings with the SEC. I will now turn the call to our first speaker today, the founder and the CEO of Dingdong, Mr. Liang.

Thank you, investors, analysts, and friends of Dingdong Maicai. Welcome to the Q1 financial reporting session of Dingdong Maicai in 2025. As of Q1 2025, Dingdong Maicai has achieved profit under the standard of long gap for 10 consecutive seasons. It has also achieved profit under the standard of gap for five consecutive seasons. Its revenue has also achieved the same growth for five consecutive seasons. Stable growth and profit potential have led the company to move forward Hello, everyone.