JinkoSolar Holding Co Ltd DR

Hello ladies and gentlemen and thank you for standing by for Jinko Solar Holding Company Limited's first quarter 2026 earnings conference call. At this time, all participants are in the listen only mode. After 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, to Ms. Stella Wang, Jinko Solar's Investor Relations Please proceed, Stella.

Thank you, operator. Thank you, everyone, for joining us today for Dinko Solar's first quarter 2026 earnings conference call. The comments and results were released earlier today and available on the company's IR website at www.dinkosolar.com, as well as on new providers' services. We have also provided a supplemental presentation for today's earnings call, which can also be found on the IR website. On a call today from ZincoSolar and Mr. Li Xianze, chairman and CEO of ZincoSolar Holding Company Limited, Mr. Jinan Miao, CMO of ZincoSolar Company Limited, Mr. Pan Li, CFO of ZincoSolar Holding Company Limited, and Mr. Charlie Tao, CEO of ZincoSolar Company Limited. Mr. Li will discuss ZincoSolar'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 the Q&A session that follows. Please note that today's discussion will contain forward-looking statements made under the proper provisions of the U.S. Private Security Solicitation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainty. As such, future results may be materially different from the views expressed today. Further information regarding this and other risks is included in ZincoSolar's public soundings with the Securities and Exchange Commission. ZincoSolar does not assume any obligation to update any forwarding statements, except as required under the applicable law. It's now my pleasure to introduce Mr. Li Zhen, the chairman and CEO of ZincoSolar Holding. Mr. Li will speak in Mandarin and I will translate his comments into English. Please go ahead, Mr. Li.

The total output of the first generation is 13.7 GW, which is above 80% of the overseas output for the first generation. Since the end of the first generation in 2026, we have become one of the leading companies in the industry with a total output of more than 400 GW. The total output of the non-Fu series is also 240 GW. The price of the first generation in the industry needs to be improved and the demand for overseas promotion has been increased by more than 4G.