Good morning and good evening, ladies and gentlemen. Thank you for standing by for TuanChe Limited's third quarter 2021 earnings conference call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a question and answer session. Today's conference call is being recorded. Now, I will turn the call over to your speaker host today, Ms. Cynthia Tan, IR Director of the company. Please go ahead, ma'am. Hello, everyone, and welcome to TuanChe's third quarter 2021 earnings conference call. We released our earnings results earlier today, and it is now available on our IR website, as well as on Newswire services. Before we continue, please note that discussion today will contain forward-looking statements made under the Safe Harbor Provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, our future results may be materially different from the views expressed today. Further information regarding this and other risks and uncertainties is included in our earnings release and our Registration Statement filed with the SEC. TuanChe does not assume any obligation to update any forward-looking statements, except as required by law. Today, you'll hear from Mr. Wei Wen, the company's Chief Executive Officer, who will provide an overview of our growth strategies and business developments, who will be followed by Mr. Chenxi Yu, Ronnie, the company's Deputy Chief Financial Officer, who will provide additional details on the company's financial results and discuss the financial outlook. Following management's prepared remarks, we'll open up the call to questions. With that said, I would now like to turn the call over to our CEO, Mr. Wei Wen. Please go ahead, sir. Thank you, Cynthia. Hello, everyone. Thank you for joining us today on our third quarter 2021 earnings call. In this quarter, we've pre- preserved against a challenging macro environment with COVID-19 flare-ups and a global chip supply shortage that constrained auto production. While our revenue contracted by 38.9% year-over-year to RMB61 .1 million, primarily due to cancellations, cancellations of a number of our offline auto shows in response to pandemic conditions, we forged ahead with our online initiatives, streamlined our cost base, and narrowed our net loss attribut- attributable to the company's shareholders by 10.7% year-over-year to RMB36 .8 million. Before we discuss our third quarter results in more detail, let's first talk about our strategic plan to expand our business into EV manufacturing, catering to the rising consumer demand of electric vehicles, leveraging our existing platform. We're esta, we're establishing a new EV business line, including a design, R&D, and a man, and a manufacturing team. While holding open discussions with potential strategic partners, we will announce the progress of major business transactions, if any, in a timely man, in a timely manner. China is the largest EV market in the world, with sales reaching over 1.3 million in 2020, representing close to 44% of all EVs sold globally. In 2021, our EV retail sales penetration in China rose to 14.8% throughout the year and, uh, 22.6% in December, from 5.8% in the year 2020. According to the China Passenger Car Association, in 2022, EV sales in China are expected to reach 5.5 million, growing at a CAGR of 106%, much faster than the overall passenger vehicle market, supported by the expe, uh, expedited, uh, establishment of EV infrastructure and technological advancements that have lowered vehicle costs, as well as improved interactive smart features, features. While government regulation and the industry standard on environmental protection and the emission continue to be favorable, many of the emerging EV OEM are building a direct sales network so that, so they can interact firsthand with their users to shape their purchase experience and efficiently receive feedback on our user needs and preference to con, to continuously enhance their products and services. In this context, we believe we are well-positioned to capit- capitalize on consumers' rising demand for EVs, given our tremendous customer base. Under the depth and the breadth of our customer insights, we have cumulatively served for, served over 30 million customers and facilitated more than 1.4, uh, 1.4 million automobile, automobile sales transactions, with GMV of approximately RMB200 billion via our integrator automotive marketplace. Furthermore, we have extensive sales operations covering 125 cities as of September 30th, 2021, to enable the success of our EV manufacturing. We will harness our leading auto sales capabilities and the sales network spanning from first-tier cities to provincial countries na- nationwide. Through seamless- seamlessly integrating our existing platform with the top-tier electric vehicle design, R&D, and the manufacturing team we are building, and, uh, in-depth cooperation with potential strategic partners, we are confident this strategic expansion will drive significant synergistic value and ensure we secure and, secure our important stake in the EV revolution. Now, let me provide third quarter highlights from our business segments. First, we further enhanced our solid leadership positions in offline marketing service by creating new retail consumption scenarios through innovative platforms and strategic cooperation with partners. Due to resurging COVID-19 cases and the industry-wide chip shortages, that affected the production schedule of many OEMs, many OEMs, the number of auto shows we organized were reduced to 65 across 55 cities, compared to 152 auto shows in 107 cities in the third quarter of 2020. These shows generated net revenues of RMB33 .1 million, representing, representing a 59.9% year-over-year decrease. Looking ahead, we will continue to enhance our offline marketing services by leveraging our proprietary data ana- analytics capabilities and continuing to strengthen our collaboration with strategic partners and diversify, diversify our retail events and scenarios, scenarios with more creative marketing solutions. We will also conduct further in-depth studies to identify in granular detail areas with relatively high, higher potential ROI, and to fine-tune our offline pre- presence and a mix of offline and online marketing services accordingly. Next, let's move on to our growth initiatives in virtual dealership and online marketing services. During the third quarter of 2021, we extend, extended our online marketing services penetration by providing best-in-class user management, online training, and events management services to OEMs and the dealers. These improvements led to a 7, uh, 72 point, uh, 72.6% year-over-year increase in net revenues from virtual dealership and online marketing services. Going forward, we will further build on our existing business as an integrated automotive marketplace, while leveraging our innov, uh, innovative, uh innovative foundation to expand into EV manufacturing. Following our announcement on January 5, 2022, to expand our strategic focus to EV manufacturing, we continue to open discussions with potential strategic partners and are on track to identify candidates with highly complementary strengths that will allow the creation of substant- substantial synergistic value. We're optimistic that, that as China's auto market undergoes structural changes toward, uh, smarter and more energy efficient mobility solutions, our innovative business model, massive customer base, strong customer insights, and our leading auto sales network, coupled with the top-tier design, R&D, and the manufacturing teams we're building, as well, as well as the in-depth operation with potential strategic partners, will unlock significant value and lay a solid foundation for success. Now, I will turn the call