Q4 2019 Baozun Inc Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to Baozun's Fourth Quarter and Fiscal Year 2019 Earnings Conference Call. (Operator Instructions) I must advise you that this conference is being recorded.
I would now like to hand the conference over to your first speaker today, Ms. Wendy Sun, IR Director. Thank you. Please go ahead.
Thank you, operator. Hello, everyone, and thank you for joining us today. Baozun's fourth quarter 2019 earnings release was distributed earlier today and is available on our IR website, ir.baozun.com, as well as on GlobeNewswire services.
On the call today from Baozun, we have Mr. Vincent Qiu, Chairman and Chief Executive Officer; Mr. Junhua Wu, Chief Growth Officer; and Mr. Robin Lu, Chief Financial Officer. Ms. (sic) [Mr.] Qiu will review business operations and company highlights, followed by Mr. Lu, who will discuss financial and guidance. They will all be available to answer your questions during the Q&A session that follows.
Before we begin, I
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