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Asian stocks are turning in a mixed performance on Friday, after having surged higher in the previous session thanks to the People's Bank of China's unexpected move to cut its reserve requirement ratio for local banks freed up about 2 trillion yuan in liquidity.
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Operator: Good morning, and good evening, everyone. Welcome to Cango, Inc.'s First Quarter 2023 Earnings Conference Call. At this time all participants are in a listen-only mode.