Mao Mao | Vice President of Capital Markets |
Shaojie Chen | Chairman & Chief Executive Officer |
Mingming Su | Chief Strategy Officer |
Hao Cao | Vice President, Finance |
Lei Zhang | Bank of America |
Daniel Chen | JPMorgan |
Alex Liu | China Renaissance |
Feiya Zhao | Haitong International |
Good morning, and good evening, ladies and gentlemen. Thank you, and welcome to DouYu International Holdings Limited's Fourth Quarter and Full Year 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode.
We will be hosting a question-and-answer session after management's prepared remarks. I will now turn the call over to the first speaker today, Ms.