Featuring our AI-enabled metaverse marketplace service capabilities, strong resource base and global business outreach, we are a leading comprehensive metaverse marketplace service provider in Asia which leverages AI to empower enterprises and individuals to enhance commercial efficiency. Our business footprint spans two key segments of the metaverse marketplace service industry, namely (i) virtual goods services, and (ii) metaverse scenario building services. According to iResearch, we were the largest service provider in Asia for trading China’s virtual goods with overseas consumers in terms of revenue in 2023. We generate our revenues primarily from provision of virtual goods services through our platform, and are actively developing metaverse scenario building services to enrich our service offerings and empower our customers to do business in metaverse. We provide virtual goods services through our virtual goods trading platform, which primarily consists of our to-consumer websites such as kavip.com. Our virtual goods trading platform is designed to serve customers from different geographical regions. Relying on our AI-enabled virtual goods trading, we source virtual goods from industry-leading third-party virtual good operators around the world, and facilitate global consumers to transcend geographical boundaries and access virtual goods across various industry verticals such as live streaming, social networking, online entertainment, literature, and gaming.