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Investors, ladies and gentlemen, on the telephone or on webcast, good afternoon. Welcome to the 2019 Results Announcement of ANTA.
First of all, while the organization of this meeting is rather exceptional, we are all online. Still, I'm going to introduce members of our management. They are: Chairman and CEO, Mr. Ding Shizhong; Mr. Zheng Jie, President and Head of Outdoor Sports; Mr. Lai, CFO; and Mr. Wu Yonghua. Today's presentation will be started by Mr. Lai. He will go through the 2019 financial results. And then Mr. Zheng will talk about the business and outlook. In the Q&A session, Mr. Ding and other members of the management will take your questions. We will give priority to questions asked over the phone. And then after that, we will take questions from webcast.
Now Mr. Lai, over to you, please.
Investors, good afternoon. Today, it is rather exceptional. This is the first time that we are presenting results in this way throughout our past 10-odd years
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