We are the leader in China's online post-secondary and professional education in terms of gross billings in 2017, according to iResearch. We have a deep understanding of the educational needs of our prospective students and offer solutions that help them achieve their goals. We offer various degree- and diploma-oriented post-secondary courses through our online platforms. In addition, we offer online professional courses and educational content to help students prepare for professional certification exams and attain professional skills. Founded in 2003 as a traditional education company, we transitioned to an online education model in 2014. Our online education model enables our students to access our course and educational content offerings anywhere and anytime. We have been successful in addressing the unmet demand of a large, growing market and served approximately 550,000 students across China since we transitioned to an online education model in 2014. The number of our students was 205,806, 382,805, 286,899 and 407,960, respectively, in 2015 and 2016 and for the six months ended June 30, 2016 and 2017. For the same periods, our new student enrollments were 179,172, 188,733, 89,066 and 148,573, respectively.