Irene Lyu | Head of Strategic Investment and Capital Markets |
Jinfeng Huang | Founder, Chairman and CEO |
Donghao Yang | CFO and Director |
Christine Cho | Goldman Sachs |
Dustin Wei | Morgan Stanley |
Luzi Li | Bank of America Securities |
Ladies and gentlemen, good day, and welcome to the Yatsen Fourth Quarter and Full Year 2020 Earnings Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Irene Lyu, Head of Strategic Investment and Capital Markets. Please go ahead.
Thank you, operator.