Zhihu Inc. (ZH) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.216 Ladies and gentlemen, thank you for standing by and welcome to Chihu Inc's first quarter 00:00:05.216 -- 00:00:06.718 2026 00:00:06.718 -- 00:00:11.743 financial results conference call. At this time, all participants are in listen-only 00:00:11.743 -- 00:00:17.009 mode. After the speaker's presentation, there will be question and answer session. 00:00:17.009 -- 00:00:20.492 Today's conference is being recorded and webcasted. 00:00:20.492 -- 00:00:25.017 At this time, I'd like to turn the conference over to Yolanda Liu, Director of Investor 00:00:25.017 -- 00:00:28.421 Relations. Please go ahead, ma'am. 00:00:28.421 -- 00:00:31.139 YOLANDA LIU Thank you, Amber. Hello, everyone. 00:00:31.139 -- 00:00:36.106 Welcome to Zhihu's first quarter 2026 results conference call. 00:00:36.106 -- 00:00:40.312 Join me today on the call from the senior management team, our Mr. 00:00:40.312 -- 00:00:44.919 Zhou Yuan, founder, chairman, and chief executive officer, Mr. 00:00:44.919 -- 00:00:48.083 Wang Han, chief financial officer, and Mr. 00:00:48.083 -- 00:00:51.128 Zhang Rongle, our chief operating officer. 00:00:51.128 -- 00:00:55.834 Before we begin, I'd like to remind you that today's discussion will include forward-looking 00:00:55.834 -- 00:00:59.425 statements. made under the safe harbor provisions of the U.S. 00:00:59.425 -- 00:01:02.328 Private Security Legitimacy Reform Act of 1995. 00:01:02.328 -- 00:01:07.333 These statements involve inherent risks and uncertainties. 00:01:07.333 -- 00:01:12.338 As such, actual results may be materially different from views expressed 00:01:12.338 -- 00:01:17.363 today. Further information regarding these and other risks and uncertainties is 00:01:17.363 -- 00:01:20.206 included in our public filings w...