J&T Global Express Ltd B

Good day and thank you for standing by. Welcome to the J&T Global Express first half 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising your hand is raised. To waste your question, press star 1 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Haibin Chen, Director of Strategic Investment and Capital Markets. Please go ahead.

Thank you, operator. Hello, everyone, and welcome to GNT Express First Half 2025 Earnings Conference Call. I'm Haibin Chen, Director of Strategic Investment and Capital Markets. The company's results and investor relations presentation were released earlier today and are now available on the company's IR website at ir.jtexpress.com. Before we start the call, we would like to remind you that the call may include forward-looking statements which are underlined by a number of risks and uncertainties and may not be realized in the future for various reasons. Information about general market conditions is coming from a variety of resources outside of J&T. This presentation also contains an audit on IFRS financial measures that should be considered in addition to, but not as a substitute for, the company's financials prepared in accordance with IFRS. I have with me J&T's Executive President Stephen Fan, Vice President Charles Ho, and CFO Dylan Tay. Our management will share strategies. Operating Highlights and Financial Performance for First Half 2025. This will be followed by Q&A session. With that, let me turn the call over to Steven. Steven will read through his prepared remarks in Chinese before I translate it for him in English.

Okay.