Dmall provides cloud-based, end-to-end SaaS platform purpose-built for the local retail industry. We are now the largest retail cloud solution digital retail provider in China and Asia by gross merchandise value (“GMV”), with a market share of 14.8% and 9.0%, respectively, as of December 31, 2021, according to Frost & Sullivan. Our service offerings consist of a retail core service cloud, an e-commerce service cloud and a marketing and advertising service cloud that enhance the operational, marketing, and sales capabilities of retailers and brand owners, empowering them to better serve end consumers. Our retail core service cloud solutions anchored on Dmall OS software and artificial intelligence of things (AIoT) solutions, is an integrated platform that delivers holistic data insights across all part of retail operations which guides actionable improvement initiatives. We achieved synergies among our three clouds, and our solutions offer hassle-free one-stop solutions for retailers.