Nano Labs Ltd (NA) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.860 Thank you for standing by, and welcome to the NanoLabs Limited second half 2025 earnings 00:00:05.860 -- 00:00:07.804 conference call. 00:00:07.804 -- 00:00:10.568 All participants are in a listen-only mode. 00:00:10.568 -- 00:00:15.135 There will be a presentation followed by a question and answer session. 00:00:15.135 -- 00:00:19.262 If you wish to ask a question, you will need to press the star key followed by the number 00:00:19.262 -- 00:00:21.926 1 on your telephone keypad. 00:00:21.926 -- 00:00:24.370 I would now like to hand the conference over to Mr. 00:00:24.370 -- 00:00:29.135 Kong, CEO of the company. Please go ahead. 00:00:43.737 -- 00:00:47.259 Mr. Kong, you can now begin your presentation. 00:00:48.583 -- 00:00:52.625 Okay. Thank you, operator, 00:01:04.002 -- 00:01:09.288 and everyone for joining Nano Labs' second half of 2025 earnings conference 00:01:09.288 -- 00:01:10.197 call today. 00:01:10.197 -- 00:01:15.662 On our course today, I will provide an overview of our recent development and our strategic 00:01:15.662 -- 00:01:17.204 initiatives going forward. 00:01:17.204 -- 00:01:19.204 In 00:01:23.530 -- 00:01:26.433 2020, Web3.0 has shown a growing trend in the industry. 00:01:26.433 -- 00:01:31.879 With the continuous improvement of the global encrypted market environment, including 00:01:31.879 -- 00:01:35.822 the continuous improvement of data asset infrastructure and the increase in market participation, 00:01:35.822 -- 00:01:39.804 the encrypted market and Web3.0 have brought new growth and opportunities. 00:01:43.120 -- 00:01:48.408 In the year 2025, the Web3 industry experienced robust growth 00:01:48.408 -- 00:01:53.856 with the continued improvement of the global crypto market environment, including enh...