Charles Zhang | Managing Director, Strategy |
Xiaopeng He | Co-Founder, Chairman & Chief Executive Officer |
Dennis Lu | Vice President, Finance |
Brian Gu | Vice Chairman & President |
Tim Hsiao | Morgan Stanley |
Edison Yu | Deutsche Bank |
Jeff Chung | Citi |
Bin Wang | Crédit Suisse |
Ming Lee | Bank of America |
Paul Gong | UBS |
Hello ladies and gentlemen. Thank you for standing by for the Fourth Quarter and Fiscal Year 2020 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.