Nano Labs Ltd (NA) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.853 -- 00:00:07.241 Thank you for standing by, and welcome to the Nano Labs Limited second half 2025 00:00:07.241 -- 00:00:09.685 earnings conference call. 00:00:09.685 -- 00:00:12.409 All participants are in a listen-only mode. 00:00:12.409 -- 00:00:16.976 There will be a presentation followed by a question and answer session. 00:00:16.976 -- 00:00:21.122 If you wish to ask a question, you will need to press the star key followed by the number 00:00:21.122 -- 00:00:23.766 1 on your telephone keypad. 00:00:23.766 -- 00:00:26.210 I would now like to hand the conference over to Mr. 00:00:26.210 -- 00:00:30.974 Kong, CEO of the company. Please go ahead. 00:00:45.593 -- 00:00:49.115 Mr. Kong, you can now begin your presentation. 00:00:49.398 -- 00:00:51.798 Okay. 感谢主持人和所有参加今天Nano 00:00:54.003 -- 00:00:55.986 Labs 2025年下半年财报电话会议的朋友。 00:00:55.986 -- 00:00:57.986 在我们今天的电话会议上,我将概述公司近期发展以及公司未来的战略指数。 00:01:02.854 -- 00:01:04.854 Thank 00:01:05.598 -- 00:01:10.724 you, operator and everyone for joining Nano Labs second half of 2025 earnings conference 00:01:10.724 -- 00:01:12.053 call today. 00:01:12.053 -- 00:01:17.519 On our course today, I will provide an overview of our recent development and our strategic 00:01:17.519 -- 00:01:20.560 initiatives going forward. 00:01:25.328 -- 00:01:28.992 In 2020, the global market has shown a positive development in the global market. 00:01:28.992 -- 00:01:32.496 With the continuous improvement of the global domestic market environment, including 00:01:32.496 -- 00:01:36.019 the increase in the number of participants in the market, the increase in the number 00:01:36.019 -- 00:01:39.103 of participants in the domestic market, and the growth and opportunity of new trends 00:01:39.103 -- 00:01:42.064 related to the global ma...