Operator
Good morning, and good night, girls and gents. Thanks for standing by, and welcome to Chagee’s First Quarter 2026 Earnings Convention Name. [Operator Instructions] Please word that right this moment’s occasion is being recorded.
With that, I’ll now flip the decision over to the primary speaker right this moment, Ms. Alicia Guo, Investor Relations Director of the corporate. Please go forward, ma’am.
Unknown Govt
Thanks. Hey, everybody, and welcome to Chagee’s First Quarter 2026 Earnings Name. With us right this moment are Mr. Junjie Zhang, our CEO; Mr. Aiden Yin, our COO; and Mr. Aaron Huang, our CFO.
The corporate’s monetary and working outcomes had been launched by the Newswire earlier right this moment and are presently out there on-line. Earlier than we proceed, I refer you to our protected harbor assertion within the earnings launch, which applies to this name. Any forward-looking statements that we make on this name are primarily based on assumptions as of right this moment, and Chagee doesn’t undertake any obligations to replace these statements. Additionally, this name contains discussions of sure non-GAAP monetary measures. Please check with our earnings launch, which comprises a reconciliation of non-GAAP measure to a GAAP measure.
With that, I’ll flip the decision to our CEO, Mr. Junjie Zhang. Please go forward, sir.
Unknown Govt
[Interpreted] Hey, everybody. Welcome to Chagee’s First Quarter 2026 Earnings Name. As we enter 2026, our strategic route is clearer than

