TH International Limited (THCH) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:06.098 Ladies and gentlemen, welcome to Teams China fourth quarter and full year 2025 earnings 00:00:06.098 -- 00:00:11.303 conference call. All participants will be in listen-only mode during management's 00:00:11.303 -- 00:00:14.987 prepared remarks, and there will be question and answer session to follow. 00:00:14.987 -- 00:00:18.832 Today's conference is being recorded. 00:00:18.832 -- 00:00:23.937 At this time, I'd like to turn the call over to Patty Yu, Teams China's public and 00:00:23.937 -- 00:00:28.282 media relations manager for prepared remarks and introductions. 00:00:28.282 -- 00:00:30.406 Please go ahead, Patty. 00:00:30.406 -- 00:00:34.812 Hello everyone and thank you for joining us on today's call. 00:00:34.812 -- 00:00:40.139 KH International Limited announced its first quarter and four-year 2025 00:00:40.139 -- 00:00:45.586 financial results earlier today. A pre-release as well as a 00:00:45.586 -- 00:00:49.531 company presentation which contains operational 00:00:49.531 -- 00:00:54.938 and financial highlights are now available on the company's IR website at 00:00:54.938 -- 00:00:56.938 ir.teamchina.com. 00:00:57.762 -- 00:01:03.162 Today you will hear from Yongchen Lu, our CEO Director, and Albert 00:01:03.162 -- 00:01:08.289 Li, our CFO. After the companies prepare the remarks, the 00:01:08.289 -- 00:01:12.555 managed team will conduct a question and answer session. 00:01:12.555 -- 00:01:18.863 You will find the webcast of today's earnings call on our IR website. 00:01:18.863 -- 00:01:24.211 Before we get started, I'd like to remind you that our earnings presentation 00:01:24.211 -- 00:01:26.026 and the 00:01:26.026 -- 00:01:31.573 Materials contain forward-looking statements which are subject to future events 00:01:...