JinkoSolar Holding Co Ltd DR

Hello, ladies and gentlemen, and thank you for standing by for Ginkgo Solar Holdings' first quarter 2022 conference call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a questions and answers session. As a reminder, today's conference call is being recorded. I would like now to turn the meeting over to your host for today's call, Ms. Stella Wang, Ginkgo Solar's Investor Relations. Please proceed, Stella.

Thank you, Operator. Thank you everyone for joining us today for Zinco Solar's first quarter 2022 earnings conference call. The company's results were released earlier today and available on the company's IR website at www.zincosolar.com as well as on Newswire's 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 Zinco Solar are Mr. Li Xiande, Chairman of the Board of Directors and Chief Executive Officer of Zinco Solar Holding Company Limited, Mr. Janet Miao, Chief Marketing Officer of Zinco Solar Company Limited, Mr. Pan Li, Chief Financial Officer of Zinco Solar Holding Company Limited, and Mr. Charlie Cao, Chief Financial Officer of Zinco Solar Company Limited. Mr. Li will discuss Zinco 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 during 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 Securities Litigation Reform Act of 1995. Forward-looking statements involve 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 Sinko Solar's public filings with the Securities and Exchange Commission. Sinko Solar does not assume any obligation to update any forward-looking statements except as required under the applicable law. It is now my pleasure to introduce Mr. Li Xiande, Chairman and CEO of Zinco Solar Holding. Mr. Li will speak in Mandarin, and I will translate his comments into English. Please go ahead, Mr. Li.

We have achieved the same amount of income and sales growth with excellent globalization and supply chain management. The annual income is 14.8 billion RMB, which is 86% of the total growth. The total sales volume is 8.4 GW, which is 57% of the total growth. Our integrated cost structure continues to improve, and the net profit is increased by 60%.