At this time, I would like to turn the call to Ms. Jessie Zheng, Vipshop's head of investor relations. Hello, everyone, and thank you for joining Vipshop first quarter 2022 earnings conference call. With us today are Eric Shen, our co-founder, chairman, and CEO; and David Cui, our CFO.
Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the quarter ended March 31, 2022.