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Operator
Good morning, and good evening, everyone. Welcome to the Cango, Inc. s Fourth Quarter and Full Year 2020 Earnings Conference Call. [Operator Instructions] This call is also being broadcast live on the company s IR website.
Joining us today are Mr. Jiayuan Lin, Chief Executive Officer; and Mr. Michael Zhang, Chief Financial Officer of the company. Following management s prepared remarks, we will conduct the Q&A session. Before we begin, I refer you to the safe harbor statement in the company s earnings release, which also applies to the conference today, as management will make forward-looking statements.
With this said, I m now turning the call over to Mr. Jiayuan Lin, CEO of Cango. Please go ahead, sir.