KE Holdings Inc. (BEKE) This fall 2025 Earnings Name Transcript


KE Holdings Inc. (A WEEK) This fall 2025 Earnings Name March 16, 2026 8:00 AM EDT

Firm Contributors

Siting Li – Investor Relations Director & Joint Firm Secretary
Tao Xu – CFO & Govt Director
Yongdong Peng – Co-Founder, Chairman & CEO

Convention Name Contributors

Timothy Zhao – Goldman Sachs Group, Inc., Analysis Division
Xiaomeng Zhuang – BofA Securities, Analysis Division
John Lam – UBS Funding Financial institution, Analysis Division
Eddy Wang – Morgan Stanley, Analysis Division
Liping Zhao – China Worldwide Capital Company Restricted, Analysis Division

Presentation

Operator

Hiya, girls and gents. Thanks for standing by for KE Holdings, Inc. Fourth Quarter and Fiscal 12 months 2025 Earnings Convention Name. Please word that at the moment’s name, together with administration’s ready remarks and a question-and-answer session will all be obtainable in English. Simultaneous interpretation in Chinese language is out there on a separate line throughout the decision. (Operator Directions) At this time’s convention name is being recorded.

I’ll now flip the decision over to your host, Ms. Siting Li, IR Director of the corporate. Please go forward, Siting.

Siting Li
Investor Relations Director & Joint Firm Secretary

Thanks, operator. Good night, and good morning, everybody. Welcome to KE Holdings Inc, Beike’s Fourth Quarter and Fiscal 12 months 2025 Earnings Convention Name. The corporate’s monetary and working outcomes have been revealed within the press launch earlier at the moment and are posted on the corporate’s IR web site, buyers.ke.com. On at the moment’s name, we’ve got Mr. Stanley Peng, our Co-Founder, Chairman and Chief Govt Officer; and Mr. Tao Xu, our Govt Director and Chief Monetary Officer. Mr. Xu will present an outline of our enterprise replace and monetary efficiency, then Mr. Peng will share extra on our strategic replace and considering.

Earlier than we proceed, I refer you to our secure harbor assertion in our earnings press launch, which applies to this name as we’ll make forward-looking



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