Vipshop (NYSE:VIPS) Q4 2025 Earnings call February 26, 2026 07:00 AM ET Company ParticipantsEric Ya Shen - Co-founder, Chairman, and CEOJessie Zheng - Head of Investor RelationsMark Wang - CFOConference Call ParticipantsAlicia Yap - Managing Director and Senior Equity AnalystRonald Keung - Equity Research AnalystOperatorLadies and gentlemen, good day, everyone, welcome to Vipshop Holdings Limited 4th quarter and full year 2025 earnings conference call. At this time, I would like to turn the call to Ms. Jess ...