Chen Penn | Investor Relations |
Chen Lei | Chairman and Chief Executive Officer |
Liu Jun | Vice President, Finance |
Jing Ma | Vice President, Finance |
Thomas Chong | Jefferies |
Yang Bai | CICC |
Joyce Ju | Bank of America |
Ken Fong | Credit Suisse |
Ladies and gentlemen thank you for standing by and welcome to Pinduoduo’s Fourth Quarter and Full Year 2021 Earnings Conference Call. [Operator Instructions] I must advise you that this conference is being recorded today. I would now like to hand the conference over to your host for today’s conference, Mr. Chen Penn [ph]. Please go ahead, sir.