OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Q2 2024 Earnings Conference Call August 16, 2024 8:00 AM ET

Company Participants

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

Conference Call Participants

Judy Zhang - Citigroup

Operator

Ladies and gentlemen, thank you for standing by and welcome to OneConnect Second Quarter 2024 Earnings Call. We will be having a question-and-answer session after the management's prepared remarks. [Operator Instructions] Thank you.

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 Second Quarter Earnings Conference Call. Our financial and operating results were released earlier today and currently available on our IR website. Today you will hear from our Chairman and CEO, Mr. Shen Chongfeng, 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.

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

Let me quickly cover the Safe Harbor statement before we start. We will be making forward-looking statements which involve a number of risks and uncertainties that could cause actual results to be defer materially. Please note that we may present both IRFS and non-IFRS financial measures, with that I am not pleased to turn our call to our Chairman and CEO, Mr. Shen Chongfeng. Mr. Shen, please.

Shen Chongfeng

[Foreign Language]

Hello everyone, I'm Shen Chongfeng. Thank you for taking the time to join OneConnect's second quarter and first half of 2024 earnings release. On behalf of OneConnect, I would like to extend a warm welcome to all investors, analysts, and media friends who are with us today. I'm very pleased to take this opportunity to share with you our achievements in this quarter and the first six months of 2024.

[Foreign Language]

The Central Economic Work Conference has put forward nine key tasks for this year's economic development. The construction of a 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.