Margaret Shi | Investor Relations-Director |
Charles Yang | Chief Financial Officer |
William Ding | Chief Executive Officer |
Jialong Shi | Nomura |
Alex Poon | Morgan Stanley |
Alicia Yap | Citi |
Alex Yao | JPMorgan |
Thomas Chong | Jefferies |
Kenneth Fong | Credit Suisse |
Good day and welcome to the NetEase 2020 Fourth Quarter and Full Year’s Earnings Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Margaret Shi, IR Director of NetEase. Please go ahead, ma'am.
Thank you, operator.