Microvast Holdings, Inc. (MVST) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.718 and the conference is being recorded. I would now like to turn the conference over to 00:00:04.718 -- 00:00:09.686 MicroVast Investor Relations. Please go ahead. 00:00:09.686 -- 00:00:13.872 Thank you, operator, and thank you, everyone, for joining our update today. 00:00:13.872 -- 00:00:18.859 With me on today's call are Mr. Yang Wu, founder, chairman, and CEO, and Mr. 00:00:18.859 -- 00:00:21.544 Pat Schultz, CFO. 00:00:21.544 -- 00:00:25.249 Mr. Wu will start off with a high-level overview of the first quarter results before 00:00:25.249 -- 00:00:28.111 providing some operational and business updates. 00:00:28.111 -- 00:00:31.976 Mr. Schultz will then discuss our financials in more detail before handing it back to 00:00:31.976 -- 00:00:35.962 Mr. Wu to wrap up with our outlook and closing remarks. 00:00:35.962 -- 00:00:39.927 Ahead of this call, MicroVast issued its first quarter earnings press release, which 00:00:39.927 -- 00:00:45.272 can be found on the investor relations section of our website, ir.microvast.com. 00:00:46.256 -- 00:00:51.042 We have also posted a slide presentation to accompany management's prepared remarks today. 00:00:51.042 -- 00:00:55.651 As a reminder, please note that this call may include forward-looking statements. 00:00:55.651 -- 00:00:59.739 These statements are based on current expectations and assumptions and should not be 00:00:59.739 -- 00:01:03.746 relied upon as representative of views for subsequent dates. 00:01:03.746 -- 00:01:07.954 We undertake no obligation to revise or release the results of any revision to these 00:01:07.954 -- 00:01:12.101 forward-looking statements due to new information or future events. 00:01:12.101 -- 00:01:17.231 Actual results may differ materially from expectat...