Thank you for standing by, and welcome to ATRenew Inc.'s Fourth Quarter and Full Year 2025 Earnings Conference Call. [Operator Instructions] Please note, today's event is being recorded. I will now ...

In Springfield, Illinois, the Maid-Rite has been proving the latter point for nearly a century, one steamed meat sandwich at a time. Here’s a question for you: when was the last time you ate something ...