Chairman and Chief Executive Officer - Charles Zhang Operator: Ladies and gentlemen, thank you for standing by, and good evening. Thank you for joining Sohu's Second Quarter 2026 Earnings Conference Call. [Operator Instructions] After management's prepared remarks, there will be a Q&A session. Today's conference call is being recorded.
If you have any objections, you may now disconnect at this time. I would now like to turn the conference over to your host for today's conference call, Huang Pu, Investor Relations Director of Sohu. Pu Huang: Thanks, operator.
Thank you for joining us to discuss Sohu's second quarter 2026 results. On the call are Chairman and Chief Executive Officer, Dr. Charles Zhang; CFO, Joanna Lv; and Vice President of Finance, James Deng.
Also with us are Changyou's CEO, Dewen Chen; and CFO, Yaobin Wang. Before management begins, I would like to remind you of the company's safe harbor statement [discussed] in today's conference call. Except for the historical information contained herein, the matters discussed on this call may contain forward-looking statements.
These statements are based on current plans, estimates and projections. Therefore, you should not place undue reliance on them. Forward-looking statements involve risks and uncertainties.
We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. For more information about the potential risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission, including the most recent annual report on Form 20-F. With that, I will now turn the call over to Dr.
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