XPeng Inc.

Hello, ladies and gentlemen. Thank you for standing by for the fourth quarter and fiscal year 2020 earnings conference call for Xpeng Inc. At this time, all participants are in listen-only mode. After the management's remarks, there will be a question-and-answer session. Today's conference call is being recorded. I will now turn the call over to your host, Mr. Charles Chung, Managing Director of Strategy of the company. Please go ahead, Mr. Chung.

Thank you. Hello, everyone, and welcome to the fourth quarter and the physical year 2020 earnings conference call of Xpeng Inc. The company's financial and operating results were issued via newswire services early today and are available online. You can also view the earnings press release by visiting the RR section of our website at rr.xpeng.com. Participants on today's call will include our co-founder, chairman, and CEO, Mr. Xiaofeng He. Vice Chairman and President Dr. Brian Gu, Vice President of Finance Mr. Dennis Liu, and myself. Management will begin with prepared remarks and the call will conclude with the Q&A session. As a reminder, this conference is being recorded. A webcast replay of this conference call will be available on the RR section of our website. Before we continue, please note that today's discussion will contain forward-looking statements made under the safe harbor provision of the U.S. Private Securities Mitigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company's results may be materially different from the views expressed today. Further information regarding these and other risks and uncertainties is included in the relevant public filings of the company as far away as the U.S. SEC. The company does not assume any obligations to update any forward-looking statements except as required under the applicable law. Please also note that XPON's earnings press release and this conference call include disclosure of unaudited GAAP financial measures as well as unaudited non-GAAP financial measures. XPON's earnings press release contains a reconciliation of the unaudited non-GAAP measures to the unaudited GAAP measures. I will now turn the call over to our co-founder, chairman, and CEO, Mr. Xiaofeng Ge. Please go ahead.

Hello, everyone. Thank you for attending Xiaofeng Ge's fourth quarter of 2020 and the annual sales conference.