PresentationGood evening, and good morning, ladies and gentlemen, and thank you for standing by for 17EdTech's Second Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, today's conference call is being recorded.Lara ZhaoInvestor Relations Manager Thank you, operator. Hello, everyone, and thank you for joining us today. Our earnings release was distributed earlier today and is available on our IR website. Joining us today are Ms. Sishi Zhou, the Acting Chief Financial Officer; and ...