Muzi Guo | IR |
Shuang Liu | CEO |
Edward Lu | CFO |
Xueru Zhang | 86Research |
Alice Tang | First Shanghai |
Good day, and thank you for standing by. Welcome to Phoenix New Media Fourth Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode. After the speaker presentation there’ll be a question-and-answer session [Operator Instructions]. Please be advised that today's conference is being recorded.