Operator
Hello, ladies and gentlemen. Thank you for participating in the third quarter 2025 earnings conference call for FinVolution Group. [Operator Instructions] After management’s prepared remarks, there will be an opportunity to ask questions. Today’s conference call is being recorded. I will now turn the call over to your host, Yam Cheng, Head of Capital Markets for the company. Yam, please go ahead.
Yam Cheng
Okay. Thank you. Before I start, thank you, everyone, for dialing in. I think the line today could be a bit choppy. So in case we get disconnected, we’ll dial again. So bear with us.
Okay. So welcome to the third quarter 2025 earnings conference call. The company’s results were issued via Newswire services earlier today and are posted online. You can download the earnings release and sign up for the company’s e-mail alerts by visiting the IR section of our website.
Mr. Tiezheng Li, our CEO; and Mr. Jiayuan Xu, our CFO, will start the call with prepared remarks and conclude with a Q&A session.
During this call, we will be referring to several non-GAAP financial measures to review and assess our operating performance. These non-GAAP financial measures are not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. For information about these non-GAAP measures and reconciliation to GAAP measures, please refer to our earnings press release.
Before we continue, please note that


