Operator
Good night, and good morning, girls and gents, and thanks for standing by for 17EdTech’s Third Quarter 2025 Earnings Convention Name. [Operator Instructions] As a reminder, right this moment’s convention name is being recorded. I will now flip the assembly over to your host for right this moment’s name, Ms. Lara Zhao, 17EdTech’s Investor Relations Supervisor. Please proceed, Lara.
Lara Zhao
Investor Relations Supervisor
Thanks, operator. Good day, everybody, and thanks for becoming a member of us right this moment. Our earnings launch was distributed earlier right this moment and is obtainable on our IR web site. Becoming a member of us right this moment are Ms. Sishi Zhou, the appearing Chief Monetary Officer; and myself, Investor Relations Supervisor. Sishi will stroll you thru our newest enterprise efficiency and techniques, and I’ll focus on our monetary efficiency in additional element. After the ready remarks, Sishi might be out there to reply your questions in the course of the Q&A session.
Earlier than we start, I would prefer to remind you that this convention name incorporates forward-looking statements as outlined in Part 21E of the Securities Trade Act of 1934 and the U.S. Non-public Securities Litigation Reform Act of 1995. These forward-looking statements are primarily based upon administration’s present expectations and present market and working situations and relate to occasions that contain identified and unknown dangers, uncertainties and different components, all of that are tough to foretell and lots of of that are past the corporate’s management. These dangers could trigger the corporate’s precise outcomes, efficiency or achievements to vary materially. Additional data relating to these and different dangers, uncertainties or components is included within the firm’s filings with the U.S. SEC. The corporate doesn’t undertake any obligation to replace any forward-looking statements on account of new data, future occasions or in any other case, besides