|Yan Li||Chief Executive Officer|
|Fion Zhou||Chief Financial Officer|
Good day, ladies and gentlemen. Thank you for standing by, and welcome to the Niu Technologies Second Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time.
As a reminder, we are recording today's call.