We are one of the largest used car e-commerce platform in China, in terms of both the number of transactions facilitated and total GMV in 2017. Our platform comprises Uxin Used Car, which caters to consumer buyers, and Uxin Auction, which caters to business buyers. Both have achieved significant success, with market shares of 41% and 42% in terms of GMV in online 2C and 2B used car markets in China in 2017, respectively. We operate a transaction-centric platform with a variety of services. For consumers, we provide a one-stop experience, including searching for the car of their choice, reviewing and assessing the car's condition, and receiving other services such as financing, insurance referral, delivery, title transfer and warranty. Our ability to estimate the residual value of used cars and manage car collateral and risk allows us to facilitate loans effectively. Through our 2B business, we help businesses across China source vehicles, optimize turnover and facilitate cross-regional transactions. We generate revenues from transaction facilitation service fees, after-sale warranty and title transfer service and fees related to auto loan facilitation.