Lei Chen

“In the first half of the year, we made tangible progress under the new decade of high-quality development strategy and laid a solid foundation for long-term growth.”

“After nearly three years of growth, our global business has received support from many consumers worldwide. As the business grows, management team has also been reflecting on how to create more sustainable and differentiated value for consumers in a highly competitive global market.”

“Over the past period, we have indeed received inquiries from regulatory authorities.”

“This year marks the 10th anniversary of the company's founding. Just before this earnings release, we celebrated our 10th birthday.”

“Over the past year, we accelerated the execution of our high-quality development strategy, extending our efforts from platform operations to a broader ecosystem covering both the supply side and demand side.”