Muzi Guo | Investor Relations |
Shuang Liu | Chief Executive Officer |
Edward Lu | Chief Financial Officer |
Xueru Zhang | 86Research |
Alice Tang | First Shanghai |
Good day, and thank you for standing by. Welcome to Phoenix New Media Third Quarter 2022 Earnings 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. [Operator Instructions] Please be advised that today's conference is being recorded.