OneConnect Financial Technology (OCFT) Q3 2022 Earnings Call Transcript

For the period ending September 30, 2022

November 10, 2022 7:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Hello everyone and welcome to the OCFT 2022 Q3 Earnings Release. My name is Emily and I'll be coordinating your call today. [Operator Instructions]

I will now turn the call over to our host, Danielle Gao, Head of Investor Relations. Please go ahead.

Danielle Gao

Thank you. Hello everyone and welcome to our third quarter 2022 earnings conference call. Our financial and operating results were released earlier today and are currently available on our IR website. Today you will hear from our Chairman and CEO, Mr. Shen Chong Feng, who will give opening remarks and Q3 business highlights; afterwards our CFO, Mr. Luo Yongtao, will offer a closer look into our financials and then in question-and-answer session all management team will be available. We have our Head of Southeast Asia Business, Ms. Tan Bin Ru; and Chief Executive of Hong Kong Virtual Bank, Mr. Michael Fei; and our Head of Strategy and Product, [indiscernible].

In today's conference, our management team will make statements in Mandarin or in English. For those in Mandarin, a consecutive translation will be provided. If any discrepancy, management statement in original language will prevail. Unless otherwise stated growth rate of all the matrices referred to the year-over-year growth versus the same period of last year and the currency is an RMB. Before we start, let me quickly cover the safe harbor statements. As we will be making forward-looking statements, which will involve the 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.

With that, I am now pleased to turn the call to our Chairman and CEO, Mr. Shen Chong Feng. Shen Chong, please.

Shen Chong Feng

[Foreign Language] Hello, everyone. I'm Shen Chong Feng. Thank you for taking the time to dial-in OneConnect's 2022 Q3 earnings release. [Foreign Language] Before I begin, I'd like to announce the personnel change first. During today's board meeting, the board approved Dr. approved Ye Wangchun's resignation as the Executive Director and appointed Ms. Fu Xin, the Chief Operating Officer as Director of the Strategic Development Center of Ping An as a Non-Executive Director. The board thanks and appreciates Dr. Ye's contribution to the company during his tenure as Executive Director.