JinkoSolar Holding Co Ltd DR

Ladies and gentlemen, thank you for standing by for Jinko Sola Holding Company Limited's second quarter 2021 earnings conference call. At this time, all participants are in listen-only mode. After the management's prepared remarks, there will be a question and answer session. As a reminder, today's conference call is being recorded. I would now like to turn the meeting over to your host for today's call, Ms. Ripple Tsang, Jinko Sola's Investor Relations Manager. Please proceed, Ripple.

Thank you, operator. Thank you, everyone, for joining us today for Jinko Solar's second quarter 2021 earnings conference call. The company's results were released earlier today and available on the company's IR website at www.jinkosolar.com, as well as our newswire services. We have also provided a supplemental presentation for today's earnings call, which can also be found on the IR website. On the call today from Jinko Solar are Mr. Li Xiande, Chairman of the Board of Directors and Chief Executive Officer of Jinko Solar Holding Company Limited, Mr. Jenna Miao, Chief Marketing Officer of Jinko Solar Company Limited, Mr. Pan Li, Chief Financial Officer of Jinko Solar Holding Company Limited, and Mr. Charlie Cao, Chief Financial Officer of Jinko Solar Company Limited. Mr. Li will discuss Jinko Solar's business operations and company highlights. followed by Mr. Miao, who will talk about the sales and marketing, and then Mr. Pan Li, who will go through the financials. They will all be available to answer your questions in the Q&A session that follows. Please note that today's discussion will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Security Litigation Reform Act of 1995. Forward-looking statements involving inherent risks and uncertainties As such, our future results may be materially different from the views expressed today. Further information regarding this and other risks is included in Jinko Solar's public filings with the Securities and Exchange Commission. Jinko Solar does not assume any obligation to update any forward-looking statements except as required under the applicable law. It's now my pleasure to introduce Mr. Li Xiande, Chairman and CEO of Jinko Solar Holdings. Mr. Li will speak in Mandarin and I will translate his comments into English. Please go ahead, Mr. Li.

and price growth from the industrial chain up and down, leading to a certain time difference. We quickly increased the external sales of gold and silver, and at the same time actively reduced the opening power of the main supply chain. The total amount of goods and sales income in the second quarter has dropped significantly, and the profit-saving ratio has improved significantly. With the high stability of the supply chain price in the second half of the year and the overall increase in customer acceptance of the price, We are very pleased to have delivered a revenue of US$1.23 billion and a growth margin of 17.1%, as well as a significant increase in non-GAAP net profit quarter-over-quarter, despite very challenging market conditions.