Further information regarding these risks and other risks, uncertainties or factors, is included in MingYang's filings with the US Securities and Exchange Commission. MingYang 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 Calvin Lau, Director of Investor Relations. Mr. Lau, please proceed.

Calvin Lau

Thank you, operator, and thank you for joining us today. Our first quarter 2011 earnings press release has just been issued earlier today, and is now available on the Company's investor relations website at ir.mywind.com.cn. A set of presentation materials for Q1 2011 will also be available for download on our IR website on the webcast, and presentation section. I hope you will get the chance to actually review the material.

In today's call, Mr. Zhang will be discussing the latest business and operational developments of MingYang, and Mr. Loong will take you through the Company's financial performance for the quarter. Mr. Zhang will then brief you on the Company's outlook and guidance. After that, we'll open the floor to questions from the audience.

I would like to take this opportunity to ask everybody to ask questions in English only, for the benefit of our other listeners. We'll be translating the Chairman's remarks into English, where appropriate, using a professional translator.

I would like to now turn the call over to Mr. Zhang. Please proceed.

Chuanwei Zhang

(interpreted) Good morning and good evening to some. I'm Chuanwei Zhang, Chairman and CEO of China MingYang Wind Power Group Limited. Today, I'm most pleased to announce MingYang's first quarter earnings results for 2011, as we, despite an increasingly competitive environment, are able to deliver a set of strong results for the first quarter, which underpins MingYang's outstanding market position, and execution capabilities.

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