KE Holdings Inc. (BEKE) Q4 2025 Earnings Call Transcript

Operator

Good day, women and gents. Thanks for standing by for KE Holdings, Inc. Fourth Quarter and Fiscal 12 months 2025 Earnings Convention Name. Please notice that in the present day’s name, together with administration’s ready remarks and a question-and-answer session will all be obtainable in English. Simultaneous interpretation in Chinese language is obtainable on a separate line at some point of the decision. [Operator Instructions] In the present day’s convention name is being recorded.

I’ll now flip the decision over to your host, Ms. Siting Li, IR Director of the corporate. Please go forward, Siting.

Siting Li
Investor Relations Director & Joint Firm Secretary

Thanks, operator. Good night, and good morning, everybody. Welcome to KE Holdings Inc, Beike’s Fourth Quarter and Fiscal 12 months 2025 Earnings Convention Name. The corporate’s monetary and working outcomes have been revealed within the press launch earlier in the present day and are posted on the corporate’s IR web site, buyers.ke.com. On in the present day’s name, now we have Mr. Stanley Peng, our Co-Founder, Chairman and Chief Govt Officer; and Mr. Tao Xu, our Govt Director and Chief Monetary Officer. Mr. Xu will present an outline of our enterprise replace and monetary efficiency, then Mr. Peng will share extra on our strategic replace and pondering.

Earlier than we proceed, I refer you to our secure harbor assertion in our earnings press launch, which applies to this name as we are going to make forward-looking