如涵控股成功上市：募资1.25亿美元 成网红电商(3)

　　We are excited to be here today to witness this important day for Ruhnn. Thank you and welcome everyone here to celebrate Ruhnn's successful listing on the Nasdaq Global Market and share this exciting moment with us.

　　Ruhnn's successful listing is an important milestone in our development. I want to sincerely thank every employee and our signed KOLs for all your hard work that has made us what we are today.

　　I also want to express our tremendous gratitude to our investors and partners. Your ongoing support and trust are the drivers of our continuous growth.

　　Thanks to Alibaba for providing us with a reliable e-commerce infrastructure that supports our innovative KOL ecosystem, and thanks to Weibo, Bilibili and other platforms for creating a positive social culture that allows our KOL communities to thrive and deeply interact with their fans.

　　In addition, I want to express my appreciation to Nasdaq for providing us with stable, reliable and high-quality services.

　　Last but not the least, thanks to all of our customers and fans for your continued support and passion that accompany us to grow.

　　We will soon present one of our best-selling shirts autographed by our fans to Nasdaq as a commemorative gift and we will start our new journey with these recognition and support behind it.

　　With our core team's more than a decade of experience in the e-commerce industry, Ruhnn has been exploring and pioneering the internet-celebrity-based e-commerce monetization since 2014 and launched our platform model in 2017.

　　Now, Ruhnn is leading the commercialization of China's KOL ecosystem, and has become a leading domestic KOL incubator and an ideal partner for retail brands.

　　Furthermore, our signed KOLs have hundreds of millions of fans across major social media platforms in China. By executing our growth strategies, we look forward to a better future of Ruhnn.