Wendy Sun | Investor Relations Director |
Vincent Wenbin Qiu | Chairman of the Board of Directors and Chief Executive Officer |
Arthur Yu | Vice President of Finance and Incoming Chief Financial Officer |
Robin Bin Lu | Chief Financial Officer |
Junhua Wu | Chief Operating Officer |
Alicia Yap | Citigroup |
Binnie Wong | HSBC |
John Choi | Daiwa Capital |
Tian Hou | TH Capital |
Joyce Ju | Bank of America Merrill Lynch |
Ashley Xu | Credit Suisse |
Thomas Chong | Jefferies |
Charlie Chen | China Renaissance |
Good morning, ladies and gentlemen, and thank you for standing by for Baozun's Third Quarter 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a question-and-answer session.
As a remainder, today's conference call is being recorded. I will now turn the meeting over to your host for today's call, Ms.