Operator
Ladies and gentlemen, thank you for standing by, and welcome to Uxin’s Earnings Conference Call for the quarter ended December 31, 2025. [Operator Instructions] Today’s conference call is being recorded. If you have any objections, you may disconnect at this time.
I would now like to turn the call over to your host for today’s conference call, Ms. [ Ali Wang ]. Please go ahead, [ Ali ].
Unknown Executive
Thank you, operator. Hello, everyone. Welcome to Uxin’s earnings conference call for the fourth quarter and full year ended December 31, 2025. On the call with me today, we have D.K., our Founder and CEO; and John Lin, our CFO. D.K. will review business operations and company highlights, followed by John, who will discuss financials and guidance. They will both be available to answer your questions during the Q&A session that follows.
Before we proceed, I would like to remind you that this call may contain forward-looking statements, which are inherently subject to risks and uncertainties that may cause actual results to differ from our current expectations. For detailed discussions of the risks and uncertainties, please refer to our filings with the SEC.
Now with that, I will turn the call over to our CEO, D.K. Please go ahead, sir.
Dai Kun
Founder, Chairman & CEO
[Interpreted] Good day to everyone, and thank you for your continued interest and support. It’s a pleasure to welcome you on our earnings call today. To better communicate with our domestic and international investors, I will be discussing
