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Mr. Cheng Yixiao, Co-founder and Chief Executive Officer of Kuaishou said, "In the second quarter of 2022, we achieved breakthrough progress despite the challenging macro environment. Our revenue continued its solid growth momentum and our domestic business realized profitability at the operating level ahead of our expected schedule, strongly demonstrating the health and sustainability of our business model. Both our DAUs and traffic delivered record high in the second quarter, boosting the continuous improvement of our user stickiness and the community's vibrancy. In addition to the monetization enhancement and efficiency improvement, we stay truth to our commitment to creating value for our users and the wider society while empowering more industries through video and our technology-driven service capabilities. As we look ahead, we will continue to deepen and expand our trust-based ecosystem, further unlocking the vast potential of our public and private domain traffic. Furthermore, we are dedicated to creating more value for users, content creators, partners and shareholders and driving the company's sustainable development."