Intchains Group Limited Q1 FY2024 Earnings Call

Operator: Good day, ladies and gentlemen. Thank you for standing by, and welcome to Intchains' First Quarter 2024 Earnings Conference Call. Today's conference is being recorded. If you have any objections, you may disconnect at this time. Joining us today is Mr. Chaowei Yan, Chief Financial Officer of Intchains. Mr. Yan will provide an overview of the company's performance and the details of the company's financial results. After that, we will conduct a question-and-answer session to take your questions. During the question-and-answer session, Mr. Yan will deliver the answers in Chinese, and the company's representative will provide corresponding English translation. Before we continue, I would like to remind you that today's discussions will contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that are based on company's current expectations and projections about future events that the company believes may affect its financial conditions, results of operations, business strategy and financial needs. The company undertakes no obligations to update or revise publicly any forward-looking statements to reflect subsequent concurring events or circumstances or changes in its expectations except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, we cannot assure you that such expectations will turn out to be correct. And the com