Microvast Holdings, Inc.

Thank you for standing by. This is the conference operator. Welcome to the micro vast first quarter 2022 earnings call. As a reminder, all participants are in listen only mode and the conference is being recorded. After the presentation, community professionals have the opportunity to participate in the question and answer session. To join the question queue, you may press star then one on your telephone keypad. Should you need assistance during the conference call, you may signal an operator by pressing star and zero. I would now like to turn the conference over to Sarah Alexander, Microglass General Counsel. Please go ahead.

Thank you, operator, and thanks to the audience for joining us today. Mr. Yang Wu, Chief Executive Officer, will begin today's call with some opening remarks. Krev Webster, who was recently appointed as our Chief Financial Officer, and Sasha Kelterborn, who was recently promoted to the position of president, will host today's call. Leon Zeng, our former chief financial officer who has transitioned into an advisory role with MicroVast, is also on the line. Ahead of this call, MicroVast issued its first quarter 2022 earnings press release, which can be found on the investor relations section of our website, ir.microvast.com. In addition, we have posted tonight's accompanying slideshow presentation to our website. As a reminder, please note that we will be making forward-looking statements on this call. These statements are based on current expectations and assumptions and reflect our views only as of today. They should not be relied upon as representative about views as of any subsequent date. and we undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. These statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from expectations. For further discussion of the material risks and other important factors that could affect our financial results, please refer to our filings with the SEC including our annual report on Form 10-K, filed on March 29, 2022. In addition, during today's call, we may discuss non-GAAP financial measures, including adjusted gross profit, adjusted net loss, and adjusted EBITDA, which we believe are useful as supplemental measures of microvast performance. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from GAAP results. These non-GAAP measures have been reconciled to their most comparable GAAP metric in the tables included at the end of our earnings press release. A webcast replay of this call will also be available on the investor relations section of our company website. With that, I will turn the call over to Mr. Wu for some opening remarks.

Thank you, Sarah. First, I would like to take a few minutes to address the leadership changes that we announced last month. Leon has been the CFO of Microbots for the last 12 years and has been an integral part of building this company. We would not be where we are today without his leadership, guidance, and a steady hand. I want to personally thank him for his years of loyal service and for his continued service as an advisor and as a director. Craig has been involved with Microrot for over 10 years, and he knows our business and industry very well. I'm confident that he has a skill set required to take Microrot to the next level, and I look forward to working with him in his new role as the CFO. Sasha joined MicroVox in 2016 and has been an integral part of our growth strategy in the Western Hemisphere. He will assume responsibility for the company's day-to-day operations in a new role as president. I will continue to serve as the company's chief executive officer. This new leadership structure will enable me to focus on MicroVox strategic direction. I'm confident that this team will best position Michael Ross to execute on the opportunities in front of us. Sasha will touch on our business results and Chris will review the financial performance in more detail in a few moments. However, I would now like to turn the call over to Leon. Thank you all.