KE Holdings Inc. (NYSE:BEKE) Q3 2024 Earnings Conference Call November 21, 2024 7:00 AM ET

Company Participants

Siting Li – IR Director
Stanley Peng – Co-Founder, Chairman and CEO
Tao Xu – Executive Director and CFO

Conference Call Participants

John Lam – UBS
Timothy Zhao – Goldman Sachs
Griffin Chan – Citi
Thomas Chong – Jefferies
Miranda Zhuang – Bank of America Securities

Operator

Hello, ladies and gentlemen. Thank you for standing by for KE Holdings, Inc.’s Third Quarter 2024 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 into the Chinese language line. At this time, all participants are in listen only mode. [Operator Instructions] Today’s conference call is being recorded.

I will now turn the call over to your host, Ms. Siting Li, IR Director of the company. Please go ahead, Siting.

Siting Li

Thank you, operator. Good evening, and good morning, everyone. Welcome to KE Holding’s, or Beike’s Third Quarter 2024 Earnings Conference Call. The company’s financial and operating results were published in the press release earlier today and are posted on the company’s IR website investors.ke.com. On today’s call, we have Mr. Stanley Peng, our Co-Founder, Chairman and Chief Executive Officer; and Mr. Tao Xu, our Executive Director and Chief Financial Officer. Mr. Peng will provide an overview of our strategies and business development; and Mr. Xu will provide additional details on the company’s financial results.

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 Beike’s earnings press

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