Fuwei Films (Holdings) Co., Ltd.

Good day, ladies and gentlemen, and welcome to the FUE Film First Quarter 2021 Earnings Conference Call. All lines have been placed on a listen-only mode. If you should require assistance throughout the conference, please press star zero on your telephone keypad to reach a live operator. At this time, it is my pleasure to turn the floor over to your host, Xue Yin. Sir, the floor is yours.

Thank you, Kat. Let me remind you that today's call is being recorded. A replay of this call will be made available shortly after the conclusion of today's call. Before we start, I would like to remind you that certain statements that are not of historical facts made during the course of this conference call about future events and projected financial results constitute forward-looking statements that are made pursuant to the safe harbor provisions of the private security litigation reform act in 1995. You should know that the company's actual results may differ materially from those projected in these statements due to a variety of factors affecting the business. Forward-looking statements are subject to risks and uncertainties. Discussion of the factors that may affect future results is contained in our filings with the U.S. Securities and Exchange Commission. We undertake no obligation to correct or update any forward-looking statements provided as a result of new information, future events, or changes in our expectations. And joining us on today's call is Mr. Yong Jiang, Corporate Secretary. Before I walk you through our financial results, Mr. Jiang will deliver his opening remarks. Sir, please go ahead. Thank you.

Hello, everyone. Thank you for attending today's meeting. Although the market environment is still in great demand, the COVID-19 epidemic is still ongoing. However, we have achieved a positive development trend in overall sales, especially in the number of sales that continue to grow, such as special mold and dry mold machine mold, accounting for 63.9% of total revenue. Among them, The high-quality and high-quality products of our company are used to produce the essential raw materials of dry film, while the dry film is an essential material of the electronic printing circuit board. The increase in sales of dry film with machine film is a confirmation of the quality of our products. We believe that the increase in orders will also help improve the performance of our company. In the future, we will continue to innovate and develop We will continue to work hard and hope that these efforts will give the company a new opportunity in the face of industry and economic challenges. Next, I will read the financial performance of the first quarter of 2021 for you. After that, I will answer your questions.