Uxin Limited

Ladies and gentlemen, thank you for standing by and welcome to Eugene's first and second quarter of fiscal year 2024 earnings conference call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a Q&A session. Today's conference call is being recorded. If you have any objections, you may disconnect at this time. I would now like to introduce your host for today's conference call, Mr. Jack Wong. Please go ahead, Jack.

All right. Thank you, operator. And hello, everyone. Welcome to Yuxin's earnings conference call for the first and second quarters of fiscal year 2024. Ended June 30, 2023, and September 30, 2023, respectively. On the call with me today, we have DK, our founder and CEO, as well as Jiang Lin, our CFO. DK will review business operations and company highlights, followed by John, who will discuss our financials and guidance. They will both be available to answer your questions during the Q&A session that follows. Before we proceed, I would like to remind you that this call may contain forward-looking statements, which are inherently subject to risks and uncertainties that may cause actual results that differ from our current expectations. For detailed discussions of the risks and uncertainties, please refer to our filings with the SEC. Now I will turn the call over to our CEO, DK. Please go ahead, sir. Hello, everyone. Thank you for joining our earnings call. I'm pleased to reconnect with you all today on the call and to facilitate communication with both domestic and international investors. I will share our company's latest progress in both Chinese and English.

Due to the previous few months of financing transactions with the government, the company has delayed the release of a quarter of its performance. Due to the financing transactions with the government of Hefei city in the past month, we postponed the release of our first quarter financial results.