Lei Xu is President of JD.com, and he is responsible for leading the day-to-day operation and collaborative development of various business units of the company. Since joining the company in 2009, and especially after he assumed the role of CEO of JD Retail in July 2018, Mr. Xu has established the business philosophy of "trust-based and customer-centric value creation". Under his leadership, JD Retail has achieved high-quality growth for three consecutive years. During his time with JD.com, Mr. Xu has held several leadership roles within the sales and marketing divisions of JD Retail, including head of marketing and branding, head of JD Wireless, and head of platform operations. Before joining us, Mr. Xu held several senior management roles at Lenovo and Allyes. Mr. Xu currently also serves as a board director of Dada Nexus Limited. Mr. Xu holds an EMBA degree from China Europe International Business School.