Kandi Technologies Group, Inc.

Greetings and welcome to the Candy Technologies third quarter 2020 financial results call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Siwa Luo. investor relations manager. Please go ahead.

Thank you, operator. Hello, everyone. Welcome to Candy Technologies Group. Third quarter of 2020 earnings conference call. The company released the results earlier today. The press release is available on the investor relations sector of Candy website at www.candygroup.com. With us today are Mr. Hu Xiaoming, Candice Fonder, Chairman and Chief Executive Officer, and Ms. Allen Lin, Chief Financial Officer. Ms. Hu will deliver prepared remarks, followed by a question and answer session. Before we get started, please note that today's discussion will contain forward-looking statements made under the same public provisions of the U.S. Private Security Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company results may be materially different from the expectations expressed today. Further information regarding these and other risks and uncertainties is included in the company's public findings with the SEC. The company does not assume any obligation to update any forward-looking statements except as reminded. required under applicable law. As a reminder, this conference call is being recorded. In addition, an audio webcasting of this conference will be available on Candidate's Investor Relations website. I will now turn the call over to Candidate's founder, Chairman and CEO, Mr. Hu Xiaoming.

Thank you, Kewa. Hello, everyone. Thank you for attending today's meeting. As we all know, the COVID-19 pandemic has affected business activities all over the world. Many industries are suffering from continuous negative effects, including the electric vehicle industry. Like many companies, Condi's business has also been directly affected by the pandemic. However, through our efforts, the company has restored production. and fully utilize our special advantages to transform battery replacement technology and power generation systems into production, and lock in partners and opportunities to show our professional technology and application scenarios. At the same time, we have also discovered opportunities for smart transportation and supplementary products. Hello, everyone. Thank you for joining us on the call today.