JinkoSolar Holding Co Ltd DR

Hello, ladies and gentlemen, and thank you for standing by for JNCO Solar Holding Co. LTD's first quarter 2024 earnings conference call. At this time, all participants are in listen-only mode. After management 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 conference over to your host for today's call, Ms. Stella Wang, Jinko Solar's Investor Relations. Please proceed, Stella.

Thank you, Operator. Thank you, everyone, for joining us today for Jinko Solar's first quarter 2024 earnings conference call. The company's results were released earlier today and available on the company's IR websites at www.jinkosolar.com as well as on your survival 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, Mr. Lee Sandel, Chairman and CEO of Zinco Solar Holding Company Limited, Mr. Jenna Miao, CMO of Zinco Solar Company Limited, Mr. Pan Li, CFO of Zinco Solar Holding Company Limited, and Mr. Charlie Cao, CFO 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 the marketing, and then Mr. Pan, who will go through the financials. They will all be available to answer your questions during the Q&A session that follows. Please note that today's discussion will contain forward-looking statements made under the Steve Harper provisions of the US Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent It harbors 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 Zinco Solar's public filings with the Securities and Exchange Commission. Zinco Solar does not assume any obligation to update any overlooking statements except as required under the applicable law. It's now my pleasure to introduce Mr. Lee Sander, Chairman and CEO of Zinco Solar Holding. Mr. Lee will speak in Mandarin and I will translate his comments into English. Please go ahead, Mr. Lee.

Mr. Lee, I am very pleased to introduce Mr. Lee. Mr. Lee, I am very pleased to introduce Mr. Lee. From last year's 4th quarter, the supply of human resources increased by 70% to nearly 80% in the first quarter, keeping the industry ahead. The price of the first quarter is gradually falling. In the event of a major decline in the opening power of the industry, our opening power is at a leading level in the industry. In addition, there are more than 70% of overseas market exports in the first quarter. Among them, the supply of the European and American markets increased by a major increase in the first quarter by 11.9% compared to the 4th quarter. We are happy to announce that thanks to our advantages of N-type top-count technology, competitive products, global marketing, and manufacturing layout, our module measurements grow 53.3% in OVA to nearly 20 gigawatts in the first quarter.