Yan Li | President and Chief Executive Officer |
Hardy Zhang | Chief Financial Officer |
Jason Yang | Investor Relations Manager |
Vincent Yu | Needham & Company |
Bin Wang | Credit Suisse |
Winnie Dong | Piper Sandler |
Jing Chen | CICC |
Good day and thanks for standing by. Welcome to the Niu Technologies Second Quarter earnings release conference call. At this time, all participants are in a listen-only mode. And after the speakers' presentation, there'll be a question-and-answer session. [Operator Instructions] on your telephone, and please be advised that today's conference is being recorded.