Meitu, Inc. Q4 FY2025 Earnings Call

Operator: Good afternoon. Welcome to the Meitu 2025 Annual Results Presentation. We provide English simultaneous interpretation. If you'd like to listen to the interpretation, please log in through Zoom and click the Interpretation icon, select English channel. If you do not click on this channel, you will not hear the simultaneous interpretation. Today, the leaders participating include Mr. Xinhong Wu, Founder, Chairman and CEO of Meitu. Zeyuan Wu: Greetings. Operator: CFO and Company Secretary of Meitu, Mr. Gary Ngan; CPO and President of the Imaging Products Division, Mr. Chen Jianyi. A warm reminder, we include predictive statements, and many risk factors that we may not control may influence these predictive statements. Online participants, you need to rename and add your real name and affiliation name. Before giving your question during the Q&A session, please first clarify your affiliation and your real name. You may also provide your questions through audio or text in the comments section. Firstly, we provide information about our company. Zeyuan Wu: Investors, analysts and audiences, thank you for your participation. Before we formally start, I would like to extend about the announcement yesterday on behalf of the company. We found that some part of the results were published on social media. We investigated immediately after ensuring we found there may be some misoperations and functions in the process and some information was published on the account, and the respo