|Jenny Cai||IR, Piacente Financial Communications|
|Jian He||Chairman and CEO|
|Yuan Jun Ye||CFO|
Hello, ladies and gentlemen. Thank you for standing by for LightInTheBox's Second Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode. After managements prepared remarks, there will be a question-and-answer session. Today's conference call is being recorded.