EHang Holdings Limited

Good day, ladies and gentlemen. Thank you for standing by and welcome to the E-Hang fourth quarter 2022 and fiscal year 2022 earnings conference call. As a reminder, we are recording today's call. Now I will turn over the conference to Anne Gee, E-Hang's Senior Director of Investor Relations. Ms.

Anne, please proceed. Hello, everyone.

Thank you for joining us on today's conference call to discuss the company's financial results for the fourth quarter and the fiscal year of 2022. The earnings release is available on the company's IR website. Please note that the conference call is being recorded and the audio replay will be posted on the company's IR website. On the call today, we have Mr. Hua Zhihu, our founder, chairman, and chief executive officer. Mr. Xin Fang, chief operating officer, Mr. Richard Liu, chief financial officer, and Nick Yang, an independent director of the board. The management team will successfully give prepared remarks. Remarks delivered in Chinese will be followed by English translations. All translation is for convenience purpose only. In case of any discrepancy, management statement in the original language will prevail. A Q&A session will follow afterwards. Before we continue, please note that today's discussion will contain forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company's actual results may be maturely different from the expectations expressed today. Further information regarding these and other risks and uncertainties is included in the company's public filings with the SEC. The company does not assume any obligation to update any forward-looking statements, except as required under applicable law. Also, please note that all numbers presented are in RMB and are for the fourth quarter and fiscal year of 2022, unless stated otherwise. With that, Let me now turn the call over to our CEO, Mr. Hua Zhihu. Please go ahead, Mr. Hu.