MOGU Inc. American Depositary Shares (each representing 25 Class A Ordinary Shares)

Ladies and gentlemen, thank you for standing by and welcome to MoGU first quarter fiscal year 2021 earnings call. At this time, all participants are in a listen-only mode. After the speaker's presentations, there will be a question and answer session. To ask a question during this time, simply press star and the number one on your telephone keypad. If at any time you require assistance, please press star zero. I would now like to turn the call over to today's presenter, René Van Gestein. Please go ahead.

Thank you, Michelle. Hello, everyone, and thank you for joining us today. Mogu's earnings release was distributed earlier today and is available on the IR website at ir.mogu-inc.com, as well as on the Business Wire services. Before we begin, I'd 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 Litigation Reform Act of 1995.

I predict a historic event in 2022 will cause a massive shift in the wealth divide. This will affect anyone who owns stocks. And after 50 years on Wall Street, I'll tell you up front, most people will never see it coming for the simple reason that nobody wants this to happen. Nobody. In short, I predict a new form of technology will disrupt everything. And it's all a direct result of 2020. If I look familiar, that's because I'm a longtime guest on Jim Cramer's TV show Mad Money, where I've never shied away from sharing my controversial predictions. Like the time I predicted the collapse of Priceline.com in a debate on CNBC. When the stock went on to collapse 100 points overnight, my opponent took to the air the next day to admit that I was right. But now I'm predicting a huge change in the way thousands of companies will do business in 2022. It will affect everyone from Apple to Amazon. The best way to prepare is simply to get the facts for yourself and see what's coming. In fact, 11 of the world's best-known billionaires are getting ready for the shift right now. To learn more, click the link below. You'll receive my full brand new warning to the public about the huge event I predict for 2022 and a free recommendation of the number one investment to buy right now before it's too late. My prediction has already gone viral with 1.5 million views. I urge you to click the link below today and get the full story while there's still time for you to prepare.