Q1 2020 NIO Inc Earnings Call Transcript
Hello, ladies and gentlemen. Thank you for standing by for NIO Inc.'s First Quarter 2020 Earnings Conference Call. (Operator Instructions) Today's conference call is being recorded. I will now turn the call over to your host, Mr. Rui Chen, Director of Investor Relations of the company. Please go ahead, Rui.
Thank you, Rachel. Good evening, and good morning, everyone. Welcome to NIO's First Quarter 2020 Earnings Conference Call. The company's financial and operating results were published in the press release earlier today and are posted at the company's IR website. On today's call, we have Mr. William Li, Founder, Chairman of the Board and CEO; Mr. Steven Feng, Chief Financial Officer; Mr. Stanley Qu, VP of Finance. Before we continue, please be kindly reminded 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
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