Kandi Technologies Group, Inc.

Greetings. Welcome to Candy Technologies' first quarter 2024 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. Please note this conference is being recorded. I will now turn the conference over to Kiwa Luau, Investor Relations Manager. Thank you. You may begin.

Thank you, operator. Hello, everyone. Thank you for joining us on today's conference call to discuss Candice's results for the first quarter 2024. Earlier today, we issued a press release covering the results. You can find the press release on the company's website as well as from the Newswire services. On the call with me today are Mr. Xiaoming Hu, Chairman of the Board, Dr. Xueqing Dong, Chief Executive Officer, and Mr. Alan Lin, Chief Financial Officer. Dr. Dong will deliver prepared remarks in Chinese, which I will then translate. After that, we will have a Q&A session. Before we continue, please note that today's discussion will contain forward-looking statements made under 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 materially different from the expectations expressed today. Further information regarding these and other 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 statement except as required under applicable law. Please note that unless otherwise stated, all figures mentioned during the conference call are in U.S. dollars. With that, let me now turn the call Over to our CEO, Xueqing Dong. Go ahead, Dr. Dong.

大家好,我是康迪集团CEO董学行。 欢迎大家参加今天的会议。 我们很高兴地和大家报告,我们今年开局晚限, 第一季度总收入约为2,070万美元, 净收入约为80万美元。 鉴于我们销售策略的调整, Although the sales and overall income of the first quarter have fluctuated, we have successfully expanded and progressed in the North American market through large-scale supermarket cooperation. At the same time, we have also made progress in Southeast Asia and the European market, and have fully prepared for the long-term big sale. What is worth proud of is that our assets are in good condition and the financial situation is good. At the same time, we have repurchased 564,302 shares this quarter, which shows our confidence in the future development of the company.