XPeng Inc.

Ladies and gentlemen, thank you for standing by for the first quarter 2022 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. Alex C., Head of Investor Relations of the company. Please go ahead, Alex.

Thank you. Hello, everyone, and welcome to Xpeng's first quarter 2022 earnings conference call. Our financial and operating results were issued by our Newswire services earlier today and 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 from our management will include co-founder, chairman, and CEO, Mr. He Xiaopeng, vice chairman and president, Dr. Brian Gu, Vice President of Finance, Mr. Dennis Liu, Vice President of Corporate Finance and Investments, Mr. Charles Chang, 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 section 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. 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 filed with the U.S. Securities and Exchange Commission. The company does not assume any obligation to update any forward-looking statements except as required under the applicable law. Please also note that EXPOM's earnings press release and this conference call included disclosure of unaudited financial measures as well as unaudited non-GAAP financial measures. EXPOM's earnings press release contains a reconciliation of the unaudited non-GAAP financial measures to the unaudited GAAP measures. I will now turn the call over to our co-founder, showman, and CEO, Mr. He Xiaopeng. Please go ahead.

Thank you. Hello, everyone. In the first quarter of 2022, Xiaopeng's delivery volume reached 34,561 units, which is 159% of the total growth. The upload volume continues to be the first in the middle of Zhao Zixin's strength. In March, our delivery volume once again exceeded 15,000 units. Under the impact of the epidemic, we still managed to reach the monthly delivery level that we forgot last year.