8/31/2023

speaker
Operator

Hello, ladies and gentlemen. Thank you for standing by for Emarin Group Limited second quarter 2023 earnings conference call. Please note that we are recording today's conference call. I will now turn over the call to Mr. Eugeia Zai, managing director of the Blue Shirt Group. Please go ahead, Mr. Zai.

speaker
Eugeia Zai
Managing Director, Blue Shirt Group

Thank you, operator, and hello, everyone. Thank you for joining us today to discuss our second quarter 2023 results. We released our shareholder letter after the market closed today, and it's available on our website at ir.mrin.com. We also provided a supplemental presentation that's posted on our IR website that we will reference during our prepared remarks. On the call with me today are Mr. Himanshu Shah, Chairman of the Board, Mr. Yumin Liu, Chief Executive Officer, and Mr. Ke Chen, Chief Financial Officer. Before we continue, please turn to slide two. Let me remind you that remarks made during this call may include predictions, estimates, and other information that might be considered forward-looking. These forward-looking statements represent Emarin Group's current judgment for the future. However, they are subject to risks and uncertainties that could cause actual results to differ materially. Those risks are described under risk factors and elsewhere in Emarin Group's filings with the SEC. Please do not place undue reliance on these forward-looking statements. which reflect Emarin Group's opinions only as of the date of this call. Emarin Group is not obligated to update you on any revisions to these forward-looking statements. Also, please note that unless otherwise stated, all figures mentioned during the conference call are in U.S. dollars. With that, let me now turn the call over to Mr. Himanshu Shah. Himanshu?

speaker
Himanshu Shah
Chairman of the Board, Emarin Group Limited

Thank you. Great to be here, and good day to everyone. Strategically, Ameren is positioned well, and we do have a strong balance sheet. The two strategic acquisitions that we made 10 months ago in UK and Italy have been operationally accretive to our results. It says a lot about our disciplined acquisition methodology. Our equity buyback also has been accretive to our shareholder value. Proud of our almost 5 gigawatt hour of storage pipeline and team focus going forward, which is a step in the right direction. Our team is also executing well, as can be seen from our second quarter results. Now, I would like to turn the call over to Yumin and Ke to talk about our operating results.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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