Good evening and thank you for standing by for New Oriental's FY 2023 third quarter results earnings conference call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be question and answer session. Today's conference is being recorded. If you have any objections, you may disconnect at this time. And I'd like to turn the meeting over to your host for today's conference, Ms. Cici Zhao. Thank you. Please go ahead. Hello, everyone, and welcome to New Ori ...