WeRide Inc.

Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to WeRide's first quarter 2026 earnings conference call. Please note that today's event is being recorded. At this time, all participants are in listen-only mode. For today's call, management will use English as the main language. A third party interpreter will provide a simultaneous Chinese interpretation. The company will host a question and answer session after the management's prepared remarks. If you wish to listen to the management's original statement or ask a question during the question and answer session, please make sure you are dialed into the English line. Please note that the Chinese interpretation is for convenience purpose only. In the case of any discrepancy, management statements in the original language will be prevailed. Joining us today, WeRise founder, chairman and CEO, Dr. Tony Han and CFO, and Head of International, Ms. Jennifer Lee. Before we continue, I would like to refer you to the Safe Harbor Statement and the company's earnings press release, which also applies to the call as today's call will include four looking statements, including We Ride's strategy and future plans. These four looking statements are made under the Safe Harbor provision of the U.S. Private Security Legislation Reform Act of 1995, forward-looking statements involving her to risk and uncertainties. The company's actual results could differ materially from those stated or implied by those forward-looking statements as a result of various important factors. And please refer to this risk factor section of the company's form 20F filed with the SEC and announcements on the website of the Hong Kong Stock Exchange for full closure of these risk factors. the company does not assume any obligations to update any forward-looking statements except as required under application law. Please note that all numbers stated in the management's prepared remarks are RMB terms and will be discussed in non-FRS measures today, which are more thoroughly explained and require the most comparable measures reported in the company's earnings release and filings of the SSE and the Hong Kong Stock Exchange. The company's An auditor financial and operating results are released earlier today via Newswire and can be found on the company's IR website. With that, I will now begin the company's video presentation.

as a global leader in autonomous driving. WeRide operates one of the world's largest commercial robotaxi fleets with over six years of public service. In China, our service is available not only through our WeRide Go app, but also via WeRide Go WeChat Mini program, Tencent Mobility WeChat Mini program, and AMAP, bringing autonomous driving into users' everyday lives. Our international footprint spans the Middle East, Europe, and Asia. In Abu Dhabi, we now provide driverless commercial robotaxi service, covering 70% of the city's core area. We expanded this leadership further with the launch of fully driverless robotaxi services in Dubai in March. We also launched robotaxi public operations in Riyadh in October 2025. In April, in partnership with Grab, we launched Singapore's first autonomous public ride service in Punggol, bringing Robotaxi GXR service to residential communities. We are accelerating commercialization through key partnerships with Geely Farazan to deliver 2,000 purpose-built Robotaxi GXRs by 2026 and with Lenovo to jointly deploy 200,000 autonomous vehicles globally by 2030. Our technology is the foundation of our sustained leadership. WeRide is the only company that has commercialized both L2 Plus and L4 autonomous driving technology at scale, powered by shared underlying algorithms and our dual flywheel strategy. our self-developed general-purpose simulation world model. WeRide Genesis enables extensive training and close-loop validation in high-fidelity simulation environments at scale to continuously advance system intelligence. These unparalleled capabilities are distilled into WRD 3.0, our one-stage end-to-end ADAS solution, bringing proven L4 technology capabilities to mass-market L2++ vehicles. The Chery Exceed Stereo model equipped with WRD 3.0 has won four consecutive championships at the China Urban Intelligent Driving Competition, setting a historic record. WRD 3.0 has secured production design wins across nearly 30 vehicle models and is now in mass production across multiple models. including the Cherry XSEED STERA ESET, Cherry XSEED EX7, and GACA ION N60. WRD 3.0 now supports multi-chip compatibility across NVIDIA, Qualcomm, and SiEngine platforms, providing global automakers one of the most flexible high-performance L2++ solutions. Looking ahead, WeRide will continue to lead the way in advancing autonomous technology and making autonomous mobility a daily reality.

Now, I would like to pass the floor to the company's founder, chairman and CEO, Dr. Tony Han. Please go ahead, sir.