Florence Lip | IR |
Joey Wat | CEO & Director |
Andy Yeung | CFO |
Sijie Lin | CICC |
Lillian Lou | Morgan Stanley |
Anne Ling | Jefferies |
Veronica Song | Crédit Suisse |
Lina Yan | HSBC |
Xiaopo Wei | Citigroup |
Christine Peng | UBS |
Brian Wong | China Merchants Securities |
Ruofan Chen | CLSA Limited |
Thank you all for standing by, and welcome to the Yum China First Quarter 2022 Earnings Conference Call. [Operator Instructions]. I'd now like to hand the conference over to your first speaker, Florence Lip, Senior Director, Investor Relations of Yum China. Thank you. Please go ahead.