Zhihu Inc. (ZH) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.138 Ladies and gentlemen, thank you for standing by, and welcome to the Juhu Inc. 00:00:05.138 -- 00:00:10.345 Second Quarter 2025 Financial Results Conference Call. 00:00:10.345 -- 00:00:14.230 At this time, all participants are in listen-only mode. 00:00:14.230 -- 00:00:18.196 After the speaker's presentation, there will be a Q&A session. 00:00:18.196 -- 00:00:22.181 Today's conference is being recorded and webcasted. 00:00:22.181 -- 00:00:27.188 At this time, I would like to turn the conference over to Yolanda Liu, Director of Investor 00:00:27.188 -- 00:00:30.119 Relations. Please go ahead, ma'am. 00:00:30.119 -- 00:00:35.528 Thank you, Sarah. Hello, everyone. Welcome to Zhihu's 2025 00:00:35.528 -- 00:00:38.713 Second Quarter Financial Results Conference Call. 00:00:38.713 -- 00:00:43.341 Joining me today on the call from the Senior Management Team are Mr. 00:00:43.341 -- 00:00:48.169 Zhou Yuan, Founder, Chairman, and Chief Executive Officer, and Mr. 00:00:48.169 -- 00:00:53.317 Wang Han, Chief Financial Officer. Before we begin, I'd like to remind you 00:00:53.317 -- 00:00:57.153 that today's discussion will include forward-looking statements. 00:00:57.153 -- 00:01:00.096 made under the Safe Harbor provisions of the U.S. 00:01:00.096 -- 00:01:03.299 Private Security Legitimacy Reform Act of 1995. 00:01:03.299 -- 00:01:04.980 These 00:01:04.980 -- 00:01:08.644 statements involve inherent risks and uncertainties. 00:01:08.644 -- 00:01:13.789 As such, the actual results may be materially different from the views 00:01:13.789 -- 00:01:19.434 expressed today. Further information regarding these and other risks and uncertainties 00:01:19.434 -- 00:01:22.637 is included in our public filings with the U.S. 00:01:22.637 -- 00:01:27.460 Se...