|Cathy Bai||VP of Corporate Finance|
|Jeff Oliver||Star Funds|
Welcome everyone to Global Cord Blood Corporation Earnings Conference Call for the Fiscal 2022 Second Quarter. All participant lines will be placed on mute during the presentation. After which, there will be a question-and-answer session. [Operator Instructions].
Now I would like to introduce you madam, Cathy Bai, VP of Corporate Finance to begin the presentation.