ATRenew Inc.

AT Renew Inc. Third Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. We will be hosting a question and answer session after management's prepared remarks. Please note, today's event is being recorded. I will now turn the call over to the first speaker today, Mr. Jeremy Gee, Director of Corporate Development and Investor Relations of the company. Please go ahead, sir.

Thank you. Hello, everyone. Welcome to ATRENEW's third quarter 2021 earnings conference call. With us today are Mr. Kerry Chen, our founder, chairman, and CEO, and Mr. Rex Chen, our CFO. Our third quarter 2021 financial results were released earlier today and are available on our company's IR website at ir.atrenew.com. For today's agenda, Kerry will share his thoughts on our third quarter performance and some updates on our strategy for our city-level service integration model, followed by Rex, who will discuss the financial highlights for the third quarter of 2021. Both Kerry and Rex will join the Q&A session. Before we continue, I refer you to our safe harbor statements in the earnings press release, which applies to this call. Any forward-looking statements that the company makes on this call today are based on assumptions as of today, and the company does not undertake any obligations to update these statements. Also, this call includes discussion of certain non-GAAP financial measures. Please refer to our earnings release, which contains a reconciliation of non-GAAP measures to GAAP measures. Finally, please note that unless otherwise stated, All figures mentioned during this conference call are in Gemini B, and all comparisons are on a year-over-year basis. With that, I will turn the call to Kerry for business and strategy updates.

Hello, investors and analysts. Welcome to the third quarter of the Wanmu Xinsen Group 2021. Hello, everyone, and thank you for joining us on our third quarter 2021 earnings conference call.