XPeng Inc.

Hello, ladies and gentlemen. Thank you for standing by for the first quarter 2021 earnings conference call for Expen Incorporated. At this time, all participants are in a listen-only mode. At the management 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. Zilin Ma, Director of Investor Relations of the company. Please go ahead, Mr. Ma.

Thank you. Hello, everyone, and welcome to XBank's first quarter 2021 earnings conference call. Our financial and operating results were issued by Newswire Services earlier today and are available online. You can also view the earnings press release by visiting the IR section of our website at ir.xiaopeng.com. Participants on today's call will include our co-founder, chairman, and CEO, Mr. He Xiaofeng, my chairman and president, Dr. Brian Gu, my president of finance, Mr. Dennis Liu, and managing director of strategy, Mr. Charles Zhang, and myself. Management will begin with prepared remarks and the call will conclude with a Q&A session. A webcast replay of this conference call will be available on the IR session of our website. Before we continue, 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. Forelooking 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 filed with the U.S. Securities and Exchange Commission. The company does not assume any obligation to update any forelooking statements except as required under applicable law. Please note that expense earning press release and this conference call include the disclosure of unaudited gap financial measures as well as unaudited non-gap financial measures. Expense earning press release contains a reconciliation of the unaudited non-gap measures to the unaudited gap measures. I will now turn the call over to our co-founder, chairman, and CEO, Mr. He Xiaopeng. Please go ahead.

Hello, everyone. Thank you for joining X-Bank's first quarter 2021 earnings conference call today.