Further information regarding these risks and other risks, uncertainties or factors is included in Ming Yang's filings with the US Securities and Exchange Commission. Ming Yang does not undertake any obligation to update any forward-looking statements as a result of new information, future events or otherwise except as required under applicable law. I would now like to turn the call over to your Director of Investor Relations, Calvin Lau. Please proceed.

Calvin Lau

Thank you, Chanelle, and thank you, everybody, for joining us today for China Ming Yang Wind Power's Fourth Quarter and Full Year 2010 Financial Results Conference Call. The fourth quarter and full year 2010 earnings release was issued earlier today and is available on the Company's website at www.mywind.com.cn. We have already provided supplemental presentations -- presentation material for today's earnings call, which can also be found on our IR section of the website. I hope you've all had the chance to review by now.

On the call today from China Ming Yang Wind Power are Mr. Zhang Chuanwei, Chairman and Chief Executive Officer; and also Chief Financial Officer, Mr. Manfred Loong. And in the call today, we'll have Mr. Zhang discussing business and operational developments. Then, Mr. Loong will take you through a discussion of the Company's financial performance. After that, we'll open up the floor to questions from the audience. And with -- I would like now to -- like to turn the call over to Mr. Zhang. Please proceed.

Chuanwei Zhang

(interpreted) Ladies and gentlemen, I'm Zhang Chuanwei, Chairman and CEO of China Ming Yang Wind Power Group Limited. Today, we are pleased to announced Ming Yang's fourth-quarter and full-year earnings for 2010.

We have achieved and exceeded our operational targets this quarter, but before I provide a detailed update of our results, I would like to take this opportunity to share with you some of the latest developments in China's wind power industry.

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