Operator
Good day, and welcome to the Noah Holdings Limited Second Quarter and Half Year 2026 Earnings Conference Call. [Operator Instructions] Please note, today’s event is being recorded. I would now like to turn the conference over to Doreen Chiu with Investor Relations. Please go ahead.
Doreen Chiu
Thank you. Good morning, and good evening, everyone. Welcome to Noah’s Second Quarter 2026 Earnings Conference Call. Joining me on the call today are Ms. Noah Wang, Co-Founder and Chair Lady; Mr. Zander Yi, Co-Founder, Director and CEO; Mr. Grant Pan, CFO; and Mr. Jason Wu Deputy, CFO. Mr. Yin will begin with an overview of our recent business highlights, followed by Mr. Pan, who will discuss our financial and operational results. They will all be available to take your questions in the Q&A section that follows.
Please note that the discussion today will contain forward-looking statements that are subject to risks and uncertainties that may cause actual results to vary materially from those in our forward-looking statements. Potential risks and uncertainties include, but not limited to, those outlined in our public filings with the SEC and the Hong Kong Stock Exchange. Noah does not undertake any obligation to update any forward-looking statements, except as required under the applicable law.
With that, I would like to pass the call over to Mr. Yin, CEO. Please go ahead.
Zhe Yin
Co-Founder, CEO & Director
[Interpreted] Good morning, everyone. Thank you for joining Noah Holdings Second Quarter 2026 Earnings Call. As we entered the second quarter, Noah’s transformation reached a new stage. On
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