Chen Lei | Chairman and CEO |
Jing Ma | VP, Finance |
Natalie Wu | Haitong International |
Thomas Chong | Jefferies |
Eddy Wang | Morgan Stanley |
Joyce Ju | Bank of America Merrill Lynch |
Good day, ladies and gentlemen. Thank you for standing by, and welcome to the Pinduoduo Third Quarter 2021 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I will now turn the call over to your host for today's call, Mr. Chung Khoan [ph].