Good day everyone and welcome to YY’s Third Quarter 2015 Earnings Conference Call. At this time, all participants are in a listen-only mode. At this point, I would like to turn the call to Mr. Charles Eveslage from ICR. Thank you and please go ahead.

Thank you, operator. Welcome to YY's third quarter 2015 earnings conference call. With me today is, Mr. Eric He, CFO. I would also like to mention that, due to the pending going-private transaction, we will not be hosting the Q&A session at the end of the call. Before we begin, I refer you to the Safe Harbor statement in our earnings release which also applies to our conference call today as we will make forward-looking statements. I’ll now turn the call over to the CFO, Mr. Eric He.

Hello everyone. Welcome to our earnings call. In the third quarter, our overall business continue to expand as net revenue grew by nearly 50% year-over-year to almost RMB1.5 billion primarily driven by our traditional music and entertainment business and emerging online dating business, but offset by the softness of our online game segments. As in time, we were able to grow our paying users intend with revenue to RMB2.8 million. What’s more impressive is that in our core online music and entertainment segments, our paying users increased over 65% year-over-year to 1.9 million. On mobile front, revenue contribution from our online music and entertainment business increased to 35% of total revenue as compared to only 9% in the prior year period. Additionally, paying users for mobile increased 239% year-over-year to 1.1 million and mobile ARPU continued its strong growth which further accelerated by 69% to RMB252 this quarter from only RMB149 a year ago. Even though the increased contribution for mobile is lowering our overall ARPU, we firmly believe and are experiencing that this will recover as mobile ARPU continues to grow over the mid and long term. Moreover, we launched two new businesses in third quarter. The first is one-time quick, a highly-interactive live broadcasting concert service that connects celebrities, onsite audience, participants and YY large community of users virtually. This new innovative service leverages highly success business model of our online music and entertainment business and encourage the fans of established singers to become YY users. The other new business [indiscernible] incorporates a new model that enable our users to support their favorite YY singers on our platform as they aim to create original and professional works and attract large fans. In the past few months, it has helped to support many artists to successfully launch hundreds of…

Ladies and gentlemen, that does conclude our conference for today. Thank you for participating. You may all disconnect.

Thank you.