OneConnect Financial Technology (OCFT) Q2 2022 Earnings Call Transcript

For the period ending June 30, 2022

August 17, 2022 8:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Ladies and gentlemen, welcome to OneConnect's Earnings Conference Call for the Second Quarter and Interim Results 2022.

At this time, all participants are in a listen-only mode. After the management's prepared remarks, we will have a Q&A session. [Operator Instructions] In addition, please be noted, that this event is being recorded.

Now, I'd like to hand the conference over to your speaker host today, Ms. Danielle Gao, the company's Head of Investor Relations.

Danielle Gao

Thank you. Hello, everyone and welcome to our earnings conference call for the second quarter and our interim results 2022. Our financial and operating results for the second quarter and the first half of the year were released earlier today and are currently available on our website, ir.ocft.com or hongkongir.ocft.com.

Today's participants include our newly appointed Chairman and CEO, Mr. Shen Chong Feng; CFO, Mr. Luo Yongtao; Secretary, Mr. Michael Fei; our CTO, Luo Yongtao, will offer a closer look into our financials and then in Q&A session, all management team will be available to answer your questions.

Before we continue, I would like to refer you to our safe harbor statement in our earnings release press as we will be making forward-looking statements, which will involve a number of risks and uncertainties that could cause actual results to differ materially. Please note that we may present both IFRS and non-IFRS financial measures. A discussion of the limitation of non-IFRS measures and the reconciliation to IFRS measures is included in the earnings press release.

For today's meeting, we have both Mandarin and English channel. Our management will say in Mandarin channel and the interpretation will be provided in the English channel. If any discrepancy, management will say in the original language will prevail. For today's meeting, we'll offer webcast replay of our IR website.

With that, I'm pleased to pass the call to our Chairman and CEO, Mr. Shen Chong Feng.

Shen Chong Feng

Hi everyone. I am Shen Chong Feng. Thank you for taking the time to join OneConnect Q2 and H1 earnings release. I'd first like to announce a personnel change. On today's board meeting this afternoon, the board deliberated and approved Ye Wangchun's resignation as the Chairman of the Board. The Board has trusted me to be appointed as the Chairman and CEO.