KE Holdings Inc (BEKE) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello ladies and gentlemen. Thank you for standing by for KE Holdings Inc's first quarter 2025 earnings conference call. Please note that today's call, including the management's prepared remarks and question and answer session, will all be in English. Simultaneous interpretation in Chinese is available on a separate line for the duration of the call. To access the call in Chinese, you will need to dial in to the Chinese language line. At this time, all participants are in listen-only mode. Today's conference call is being recorded. I will now turn the call over to your host, Ms. Si-Ting Lee, IR Director of the company. Please go ahead, Si-Ting. Thank you, operator. Good evening and good morning, everyone. Welcome to K.E. Holdings Incorps' first quarter 2025 earnings conference call. The company's financial and operating results were published in a press release earlier today and are posted on the company's IR website, investors.ke.com. On today's call, we have Mr. Tao Xu, our executive director and chief financial officer. Mr. Xu will provide an overview of our strategies and business developments on behalf of Mr. Stanley Peng, our co-founder, chairman, and chief executive officer. And then Mr. Xu will discuss the financials in more detail. Before we continue, I refer you to our safe harbor statement in our earnings press release, which applies to this call as we will make forward-looking statements. Please also note that Baker's earnings press release and this conference call include discussions of unnoticed gap financial information, as well as unnoticed non-gap financial measures. Please refer to the company's press release, which contains a reconciliation of the unnoticed non-gap measures to comparable gap measures. Lastly, unless otherwise stated, all figures m...