Kuaishou Technology B (KUASF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Kuaishou Technology Third Quarter 2025 Financial Results Conference Call. Please note that English simultaneous interpretation will be provided for management's prepared remarks. This English line will be in listen-only mode. I will now turn the call over to Mr. Matthew Zhao, VP of Capital Markets and IR at Kuaishou Technology. Thank you, operator. Good evening and good morning to everyone. Welcome to Kuaishou Technology Third Quarter 2025 Financial Results Conference Call. Joining us today are Mr. Cheng Yi Xiao, co-founder, chairman, and CEO, Mr. Jin Bing, our CFO. Before we start, please note that today's discussion may contain forward-looking statements which involve a number of risks and uncertainties. Actual results and outcomes may be different from those discussed. The company does not undertake any obligation to update any forward-looking information except as recorded by law. For important information about this call, including forward-looking statements, please refer to the company's public information or third quarter 2025 results announcement added September 30, 2025, issued earlier today. During today's call, management will also discuss certain non-FRS measures. These are provided for additional information and should not replace FRS-based financial results. For a definition of non-FRS financial measures and reconciliation of RRS to non-FRS financial results and related risk factors, please refer to the third quarter 2025 resource announcement. For today's call, management will use Chinese as the main language. A third-party interpreter will provide a simultaneous English interpretation in the pre-programmed RAC session and a consecutive interpretation during the Q&A session. Plea...