Canadian Solar Inc.

Ladies and gentlemen, thank you for standing by. Welcome to the Canadian Solar Second Quarter 2019 Earnings Conference Call. My name is Leslie, and I will be your operator for today. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. As a reminder, this conference is being recorded for replay purposes. I will now like to turn the call over to Ed Job, Managing Director of Canadian Solar's IR department. Please go ahead, sir.

Thank you, operator, and welcome all to Canadian Solar's second quarter 2019 earnings conference call. On a personal note, I had a great and productive time working with the entire Canadian Solar team in my previous stint coordinating our investor relations program. and after a restful sabbatical, I am happy to be back and I look forward to working with all of you. Joining us today on the call are Dr. Shawn Xu, Chairman and Chief Executive Officer, Yan Zhuang, Acting Chief Executive Officer and Dr. Huifeng Zhang, Senior Vice President and Chief Financial Officer. On this call, Shawn will provide a brief introduction Yen, who will review the execution of a business strategy, and Huifeng, who will go over our financial results. We will then open the call to your questions. Before we begin, may I remind our listeners that management's prepared remarks today, as well as their answer to your questions, will contain forward-looking statements, which are subject to risks and uncertainties. Therefore, the company claims the protection of the safe harbor for forward-looking statements that is contained in the Private Securities Litigation Reform Act of 1995. Actual results may differ from management's current expectations. Any projection of the company's future performance represents management's estimates as of today. Canadian Solar assumes no obligation to update these projections in the future unless otherwise required by applicable law. A more detailed discussion of risks and uncertainties can be found in the company's annual report on Form 20-F filed with the Securities and Exchange Commission. Management's prepared remarks will be presented within the requirements of SEC Regulation G regarding Generally Accepted Accounting Principles, or GAAP. Some financial information presented during the call will be provided on both GAAP and non-GAAP basis. By disclosing certain non-GAAP information, management intends to provide investors with additional information to allow further analysis of the company's performance and the underlying trends. Management uses non-GAAP measures to better assess operating performance and establish operational goals. Non-GAAP information should not be viewed by investors as a substitute for data prepared in accordance to GAAP. At this time, I would like to turn the call over to Canadian Solar Chairman and CEO, Dr. Shawn Xu. Shawn, please go ahead.

Thanks, Ed, and welcome, everyone. I'm excited to join today's earnings call. Before Yan and Hui Feng speak to you, about our strong Q2 results, I have a few personal words to share. Since my accident and injury in May, the outreach to me and my family from all corners of the world, within and outside the solar industry, have been comforting and encouraging. Thank you so much for the kind prayers and thoughtful support. I'm still rehabilitating and making progress every day. I have been communicating with our managers and engaging in the company's business on a daily basis over important and strategic decisions. Regarding our Q2 results, first, Yan, Our acting CEO has led the team to accomplish more than what I expected. Once again, Canadian Solar has demonstrated the robustness and resilience of its long-term strategy with a differentiated business model. I have full confidence in Yan's leadership and the strength of our seasoned team. will continue to execute and deliver solid results in the coming quarters. Second, I'm incrementally more positive in our outlook for the second half of 2019 based on healthier demand for our differentiated products and services in key markets.