Sophie Li | Capital Markets Director |
Meisong Lai | Chief Executive Officer |
Huiping Yan | Chief Financial Officer |
Ronald Keung | Goldman Sachs |
Liu Su | Citi |
Frank Yip | Daiwa Capital Markets |
Thomas Chong | Jefferies |
Good day. And welcome to the ZTO Express Third Quarter Financial Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.