Operator

Greetings. Welcome to Kandi Technologies Full Year 2025 Financial Results Call. [Operator Instructions]. Please note, this conference is being recorded. I will now turn the conference over to Kewa Luo, IR Director. Thank you. You may begin.

Kewa Luo
Manager of Investor Relations

Thank you. Hello, everyone, and welcome to Kandi Technologies Group Full Year 2025 Earnings Conference Call. As a reminder, today's call is being recorded. The company's financial and operational highlights were issued in our press release earlier today and available online. You can access the earnings press release and subscribe to the company's e-mail alerts by visiting the Investor Relations section of our website at ir.kandigroup.com.

Joining us today are Mr. Feng Chen, Chief Executive Officer; and Mr. Alan Lim, Chief Financial Officer. Before we begin, 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 actual results may be materially different from the expectations expressed today. Further information regarding these and other risks and uncertainties is included in the company's public filings with the SEC. The company does not assume any obligation to update any forward-looking statements, except as required under applicable laws. Unless otherwise noted, all financial figures discussed today are in U.S. dollars.

I will now turn the call over to our CEO, Mr. Feng Chen, who will deliver his remarks in Chinese, followed immediately by English translation. Mr. Chen, please go ahead.

Feng Chen
CEO & President

[Interpreted] Good day, investors and