Operator
Good morning and good night, girls and gents. Thanks for standing by, and welcome to Yunji’s Second Half 2025 Earnings Convention Name. With us immediately are Mr. Shanglue Xiao Chao, Chairman and Chief Govt Officer; and Mr. Nan Music, Chief Monetary — or Senior Monetary Director. As a reminder, this convention name is being recorded.
Earlier than we begin, please notice that this name will include forward-looking statements inside the that means of the Non-public Securities Litigation Reform Act of 1995 which might be based mostly solely on the corporate’s present expectations and present market working situations and relate to occasions that contain recognized or unknown dangers, uncertainties and different elements of Yunji and its business.
These forward-looking statements will be recognized by terminologies similar to will, anticipate, anticipate, proceed or different comparable expressions. For an in depth dialogue of those dangers and uncertainties, please consult with the corporate’s associated paperwork filed with the U.S. SEC. Any forward-looking statements that the corporate makes on this name are based mostly on assumptions as of immediately, and are expressly certified within the entirety by cautionary statements, danger elements and particulars of its submitting with the SEC. The corporate doesn’t undertake any obligation to replace these statements, besides as required below relevant legislation.
With that, I’ll now flip it over to Mr. Shanglue Xiao, Chairman and CEO of Yunji. Please go forward, sir.
Shanglue Xiao
Founder, Chairman & CEO
[Interpreted] Whats up, everybody, and welcome to Yunji’s earnings name. Thanks to your continued curiosity and help. Yunji has remained dedicated to its strategic positioning of turning into a worldwide chief in natural wholesome dwelling whereas making regular progress within the natural and









