OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Q1 2024 Earnings Conference Call May 21, 2024 8:00 AM ET

Company Participants

Rick Chan - Head of IR
Shen Chong Feng - Chairman & CEO
Luo Yongtao - CFO

Conference Call Participants

Lydia Lin - Morgan Stanley
Laura Lee - CGS International
Alan Kuang - Citigroup

Operator

Ladies and gentlemen, thank you for standing by, and welcome to OneConnect's First Quarter 2024 Earnings Call. Please note this event is being recorded.

Now I would like to hand the conference over to your speaker host today, Mr. Rick Chan, the company's Head of Investor Relations. Please go ahead, Mr. Chan.

Rick Chan

Thank you, operator. Hello, everyone, and welcome to our 2024 first quarter earnings conference call. Our financial and operating results are released earlier today and 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 business highlights.

Afterwards, our CFO, Mr. Luo Yongtao will go over a closer look into our financials. And then in question-and-answer session, our management team will be available to you. We will have our CTO, Mr. Li Jie; Head of Corporate Planning (ph) and Product Management, Ms. Jessie Shen.

In today's conference, our management team will give statements in Mandarin or in English. For those in Mandarin, a contracted translation will be provided. In case of any discrepancy between the Mandarin version and the English version, our statement in the original language should prevail.

Let me quickly cover the safe harbor statement before we start. As we are making forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to defer materially. Please note that we may present both IFRS and non-IFRS financial measures.

With that, I'm now pleased to turn our call to Mr. Chairman and CEO, Mr. Shen Chong Feng. Mr. Shen?

Shen Chong Feng

[Foreign Language]

[Interpreted] Hello, everyone. I'm Shen Chong Feng. Thank you for taking the time to dial in OneConnect's 2024 Q1 earnings call. On behalf of OneConnect, I would like to extend a warm welcome to all investors, analysts and friends from media who are with us today. It's a great pleasure to take this opportunity to share with you what we have achieved in the first quarter of 2024.

The Central Economic Work Conference put forward nine key tasks for this year's economic development. The construction of the modernized industrial system led by technical innovation, which is a top priority among the nine tasks also points out the direction for the development of the financial industry.