Kandi Technologies Group, Inc.

Greetings. Welcome to Candy Technology's full year 2025 financial results call. At this time, all participants are in a listen-only mode. 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 Kiwelo, IR Director. Thank you. You may begin.

Thank you. Hello, everyone. and welcome to Candy Technologies Group full year 2025 earnings conference call. As a reminder, today's call is being recorded. The financial and operational highlights were issued in a press release earlier today and available online. You can access the earnings press release and subscribe to the company's email alerts by visiting the investor relations section of our website at ir.candygroup.com. Joining us today are Mr. Feng Chen, Chief Executive Officer, and Mr. Alan Lin, Chief Financial Officer. Before we begin, 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 risks and uncertainties is included in the company's public filings with the SEC. The company does not assume any obligations to update any forward-looking statements except as required on the applicable laws. Unless otherwise noted, all financial figures discussed today are in U.S. dollars. I will now turn the call over to our CEO, Mr. Feng Chen, who will deliver his remarks in Chinese, followed immediately by English translation. Mr. Chen, please go ahead.

Good day, investors and analysts.