Hesai Group (HSAI) Q4 2024 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.855 Hello, ladies and gentlemen. Thank you for standing by and welcome to the Hair Sales 00:00:03.855 -- 00:00:08.841 Group fourth quarter and full year 2024 earnings conference call. 00:00:08.841 -- 00:00:11.744 At this time, all participants are in a listen-only mode. 00:00:11.744 -- 00:00:15.428 Please note that today's conference call is being recorded. 00:00:15.428 -- 00:00:20.334 I will now turn the call over to our first speaker today, Yanting Shi, the company's 00:00:20.334 -- 00:00:24.336 head of capital markets. Please go ahead. 00:00:25.660 -- 00:00:30.368 Thank you, operator. Hello, everyone. Thank you for joining He Sai Group's fourth quarter 00:00:30.368 -- 00:00:33.673 in a four-year 2024 earnings conference call. 00:00:33.673 -- 00:00:39.342 Our earnings release is now available on our IR website at investor.hesaitech.com, 00:00:39.342 -- 00:00:43.970 as well as via Newswire Services. Today, you will hear from our CEO, Dr. 00:00:43.970 -- 00:00:47.856 David Lee, who will provide an overview of our recent updates. 00:00:47.856 -- 00:00:52.803 Next, our CFO, Mr. Andrew Fan, will address our financial results before we open the 00:00:52.803 -- 00:00:57.989 call for questions. Before we continue, I refer you to the safe harbor statement in our 00:00:57.989 -- 00:01:03.155 earnings press release, which applies to this call, as well as big forward-looking statements. 00:01:03.155 -- 00:01:06.840 Please also note that the company will discuss non-GAAP measures today, which are most 00:01:06.840 -- 00:01:11.325 thoroughly explained and reconciled to the most compatible GAAP measures in our earnings 00:01:11.325 -- 00:01:16.531 release and SEC filings. With that, I'm pleased to turn over the call to our CEO, 00:01:16.531 -- 00:0...