Microvast Holdings, Inc.

Thank you for standing by. This is the conference operator. Welcome to the MicroVAS first quarter 2026 earnings call. As a reminder, all participants are on a listen-only mode, and the conference is being recorded. I would now like to turn the conference over to MicroVAS Investor Relations. Please go ahead.

Thank you, operator, and thank you, everyone, for joining our update today.

This is Rodney Wortham, Chief Financial Officer of MicroVest and with me on today's call is Mr. Yong Wu, Founder, Chairman and Chief Executive Officer of MicroVest. Mr. Wu will start off with a high level overview of the first quarter results before providing some operational and business updates. I will then discuss our financials in more detail before handing it back to Mr. Wu to wrap up with our outlook, some closing remarks and to answer a few questions. Ahead of this call, Microbast issued its first quarter earnings press release, which can be found on the investor relations section of our website, ir.microbast.com. We have also posted a slide presentation to accompany management's prepared remarks for today's call. As a reminder, please note that this call may include forward-looking statements. These statements are based on current expectations and assumptions and should not be relied upon as representative of use for subsequent dates. We undertake no obligation to revise or release the results of any revision to these forward-looking statements due to new information or future events. Actual results may differ materially from expectations due to a variety of risks and uncertainties. For more information on material risks and other important factors that could affect our financial results, please refer to our filings with the SEC. We may also discuss non-GAAP financial measures during this call. These 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 metrics in the tables included at the end of our press release and the slide presentation. After the conclusion of this call, webcast replay will be available on the Investor Relations section of MicroVAS website. Now, I'll turn the call over to Mr. Wu to kick things off.