Kingsoft Corp Ltd Adr

Good day and thank you for standing by. Welcome to the Q3 2023 Kingsoft Corporation's Earnings Conference Call. At this time, all participants are in 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 answer your question, please 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, IR Director Francylou. Please go ahead.

Thank you, operator. Ladies and gentlemen, good evening and good morning. I would like to welcome everyone to our 2023 third quarter results earnings call. I'm Francylou, the IR Director of Kingsoft. I would like to start by reminding you that some information provided during the earnings call may include forward-looking statements which may not be relied upon in the future for various reasons. These forward-looking statements are based on our own information and information from other sources which we believe to be reliable. Please refer to the other publicly disclosed documents for detailed discussion on risk factors which may affect our business and operations. Having said that, please allow me to introduce our management team who joined us today. Mr. Zou Tao, our Executive Director and CEO, and Ms. Li Yi, our Acting CFO. Now I'm turning the call to Mr. Zou.

大家好,第三季度,我们的核心业务稳定发展。 金山办公集团围绕AI和协作战略重点, 进一步提升产品在AI领域的服务能力。 The online game business continues to support and upgrade the self-proclaimed premium game. In the third quarter, the financial performance of the group remained stable. The total profit was RMB 20.6 billion, which increased by 12% in the same ratio. Mainly due to the steady growth of the network 3 and the continuous growth of the personal and institutional subscription business of the Jinshan Office Group. Okay, I'll translate for Mr. Zhou.