Irene Lyu | Head of Strategic Investment and Capital Markets |
Jinfeng Huang | Founder, Chairman and CEO |
Donghao Yang | CFO and Director |
Dustin Wei | Morgan Stanley |
Luzi Li | Bank of America Securities |
Christine Cho | Goldman Sachs |
Zhongchao Xu | CICC |
Ingrid Zhang | UBS |
Good day, and welcome to the Yatsen first-quarter 2021 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.