Operator

Good day, and thank you for standing by. Welcome to the Lexin Third Quarter 2025 Earnings Conference Call. [Operator Instructions] Please be advised, today’s conference is being recorded.

I would now like to hand the conference over to your first speaker today, Will Tan. Please go ahead.

Will Tan

Thank you, operator. Hello, everyone. Welcome to our third quarter 2025 earnings conference call. Our results were released earlier today and are currently available on our IR website.

Today, you will hear from our Chairman and CEO, Mr. Jay Wenjie Xiao, who will provide an update on our overall performance and strategies of our business. Our CRO, Mr. Arvin Zhanwen Qiao, will then provide more details on our risk management initiatives and updates. Lastly, our CFO, Mr. James Zheng, will discuss our financial performance.

Before we continue, I would like to refer you to our safe harbor statement in our earnings press release, which also applies today’s call as we will be making forward-looking statements. Last, please note that all figures are presented in renminbi terms, and all comparisons are made on a quarter-over-quarter basis, unless otherwise stated.

Please kindly note, Jay and Arvin will give their whole remarks in Chinese first, then the English version will be delivered by Jay’s and Arvin’s AI-based voices.

With that, I’m now pleased to turn over the call to Mr. Jay Wenjie Xiao, Chairman and CEO of Lexin. Please.