Li Auto Inc. (LI) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.618 Hello, ladies and gentlemen. Thank you for standing by for Lee Auto's second quarter 00:00:04.618 -- 00:00:08.644 2025 earnings conference call. 00:00:08.644 -- 00:00:12.529 At this time, all participants are in listen-only mode. 00:00:12.529 -- 00:00:16.014 Today's conference call is being recorded. 00:00:16.014 -- 00:00:18.418 I will now turn the call over to your host, Ms. 00:00:18.418 -- 00:00:22.264 Janet Zhang, Investor Relations Director of Lee Auto. 00:00:22.264 -- 00:00:24.972 Please go ahead, Janet. 00:00:24.972 -- 00:00:28.276 Thank you, Darcy. Good evening and good morning, everyone. 00:00:28.276 -- 00:00:32.202 Welcome to Li Auto's second quarter 2025 earnings 00:00:32.202 -- 00:00:37.188 conference call. The company's financial and operating results were published in a press 00:00:37.188 -- 00:00:41.894 release earlier today and are posted on the company's IR website. 00:00:41.894 -- 00:00:45.199 On today's call, we will have our chairman and CEO, Mr. 00:00:45.199 -- 00:00:50.538 Xiang Li, and our CFO, Mr. Johnny Tianli, to begin with prepared remarks. 00:00:50.538 -- 00:00:53.864 Our President, Mr. Donghui Ma, and CTO, Mr. 00:00:53.864 -- 00:00:57.351 Yan Xie, will join for the Q&A discussion. 00:00:57.351 -- 00:01:02.260 Before we continue, please be reminded that today's discussion will contain forward-looking 00:01:02.260 -- 00:01:05.906 statements made under the safe harbor provisions of the U.S. 00:01:05.906 -- 00:01:09.693 Private Securities Litigation Reform Act of 1995. 00:01:09.693 -- 00:01:11.196 Forward-looking 00:01:11.196 -- 00:01:14.804 statements involve inherent risks and uncertainties. 00:01:14.804 -- 00:01:20.210 As such, the company's actual results may be materially different from the views expres...