XPeng Inc.

Hello, ladies and gentlemen. Thank you for standing by for the second quarter 2023 earnings conference call for XPing, Inc. At this time, all participants are in listen-only mode. After 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 Yeh, head of investor relations for the company. Please go ahead, Alex.

Thank you. Hello, everyone, and welcome to XPeng's second quarter 2023 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 Corporate Finance and Investment, Mr. Charles Zhang, Vice President of Finance and Accounting, Mr. James Wu, 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. Four 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 included 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 applicable law. Please also note that EXPON's earnings press release and this conference call include the disclosure of unaudited GAAP financial measures as well as unaudited non-GAAP financial measures. EXPON'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. He Xiaopeng. Please go ahead.

In such a short period of time, we will face great risks and challenges. But I am very happy to tell you that from now on, the internal and external effects of these changes have exceeded expectations. And we can already see that we are officially bringing the formula into the initial cycle. Among them, G6 has become a pure battery type with a total power of 200,000 to 300,000. for us to bring a strong movement of sales growth. And we are leading in the industry, the electric platform of full-time self-employment, and the commercialization of intelligent technology represented by XNGP, have all achieved a cross-sectional breakthrough. We have established a long-term strategic partnership with the German public group. We will carry out comprehensive cooperation and long-term supply on the platform technology of pure electricity and intelligent technology. In choosing the pivot point of the self-reliance value, it also came faster than our plan. The first month of G6's max order was over 70%, far beyond our initial expectations. In the middle of the transformation from the company to the customer center, our NPS customer satisfaction and OTA satisfaction indicators have made great improvements in the first half of this year, reaching the most advanced standards in the industry. Hi, everyone.