Good afternoon, and welcome to the Phoenix Motor's first quarter, twenty twenty-four conference call. As a reminder, this call is being recorded, and all participants are in a listen-only mode. The call will be open for questions and answers following the presentation. On today's call, our Phoenix Motor's CEO, Denton Peng, CFO, Michael Yung, COO, Lewis Liu, and CCO, Jose Paul. Before we begin, the company would like to remind everyone that various remarks about future expectations, plans, and prospects constitute forward-looking statements for purposes of safe harbor provisions under the Private Securities Litigation Reform Act of nineteen ninety-five. Phoenix Motor cautions that these forward-looking statements are subject to risks and uncertainties that may cause their actual results to differ materially from those indicated, including risks described in the company's filings with the SEC. Any forward-looking statements made on this conference call speak only as of today's date, Thursday, October third, twenty twenty-four, and the company does not intend to update any of these forward-looking statements to reflect the events or circumstances that occur after today. I will now pass the call over to Phoenix Motor's CEO, Denton Peng. Mr. Peng? Thank you. And thank you to everyone for joining us on the call today. I'm excited to finally share the remarkable progress Phoenix Motor made in the first quarter of twenty twenty-four. Our acquisition of one of the largest zero-emission bus manufacturers in the U.S. significantly enhanced our capabilities, positioning us as a leader in the electric transit bus market, with over 1,000 buses delivered and a 40% market share in North America. We are extremely pleased to report the record financial results for the first quarter of twenty twenty-four. Our net revenues increased significantly to $9.4 million, and our net income reached a record $14.8 million, or $0.49 per share, a remarkable turnaround for a net loss we experienced in the same period last year. Our total assets increased to $78.7 million, up $11.6 million at the end of 2023, which helped to bring our net assets back into compliance with the key Nasdaq listing standards. We believe our financial results are a clear indicator that our strategy initiatives are driving significant value and positioning us well for sustained growth. Looking ahead, with its $200 million backlog, we expect our zero-emission transit bus business to contribute significantly to our revenue and strengthening our market position. The combined strength of our brands, our expanded product offerings, and our increased production capability position us well to capitalize on a growing demand for sustainable transportation solutions. I will now hand the call over to Jose Paul, our Chief Commercial Officer, who will go more into detail about the Proterra acquisition and our sales and marketing initiatives. Jose? Thank you, Denton, and good afternoon, everyone. Acquiring the largest transit bus manufacturer in North America brought with it over twenty years of experience and a significant market share, having delivered over a thousand buses and holding 40% of the market. This acquisition was highly complementary to our existing business, enhancing our capabilities and expanding our product offering to include heavy-duty transit buses alongside our existing medium-duty trucks, shuttle, and school buses. The integration process has been smooth, and we are seeing the benefits of the strategic move in our operational and financial results. One of the immediate successes following this acquisition was the order of six zero-emission electric buses by Raleigh-Durham International Airport in March. This marked our first formal order, post-acquisition, and signified the strong demand and confidence in our enhanced product line. We have a strong order backlog, with over 250 units supported by firm contracts and letters of intent, representing a total of $200 million in potential revenue. We expect our backlog to grow further as we ramp up deliveries to customers and gain further market share. Phoenix Motor now operates in three distinct market segments: zero-emission transit and shuttle buses for passenger transport, medium-duty electric trucks and work trucks for last and middle-mile goods and vocational transportation, and electric Type A school buses. Combined, these three segments offer a multi-billion-dollar market opportunity backed by strong regulatory mandates. The transit bus segment is rapidly transitioning to zero-emission powertrains to meet the Federal Transit Administration goal of reducing greenhouse gas emissions by 50% by 2030. Various states, including California, have mandated the switch to zero-emission transit and airport shuttle operations. Transit agencies are supported with consistent federal funding through the FTA, with over $1 billion allocated annually towards low- and zero-emission transportation. Electrification is also gaining momentum in medium-duty trucks, driven by regulatory requirements, substantial funding, and incentives available for fleets to purchase electric vehicles. The inherent cost and operational efficiencies of electric vehicles further support this transition. The school bus market also offers favorable conditions, with various school districts across the nation committing to deploying over 5,600 electric buses. This is further supported by state and federal-level funding, including over $5 billion allocation from the EPA. Turning to our sales and marketing efforts, as just noted, we are focused on markets that offer substantial growth opportunities, supported by advancements in EV technology and driven by regulatory mandates and incentives. We will continue to grow in these segments as we offer best-in-class products and unparalleled value to our customers. Phoenix EV transit buses are now available on various state and federal contracts, allowing transit agencies to acquire the buses through a simplified purchasing process. Our medium-duty vehicles are also available on various purchasing contracts. Importantly, our commitment to customer satisfaction extends beyond the initial sale. We are also focusing on improving our after-sales support. We've strengthened our team with a dedicated VP of service, who will work directly with customers to support their fleet with adequate service and aftermarket parts. We're negotiating with suppliers to ensure timely availability of aftermarket parts and expect significant improvements in service response time, parts availability, and revenue growth from our after-sales operation. In summary, our strategic focus on high-growth market segments, combined with our robust backlog and enhanced after-sales support, positions Phoenix Motor for continued success in the rapidly evolving electric vehicle landscape. Thank you for your attention. I'll now pass the call over to our Chief Operating Officer, Lewis Liu, for additional remarks. Thank you, Jose. And good afternoon, everyone. I'm excited to share more insights into some of our recent operational achievements. Obviously, one of the most significant milestone in the first quarter was the integration of the transit bus operations into Phoenix. We're now better equipped to serve a broader range of customers, of course, with our with our expanded portfolio that includes heavy-duty transit buses alongside with our medium-duty weight trucks or shuttle and school buses. The acquisition added our operational capabilities, not only supporting manufacturing electric medium-duty, commercial vehicles, but also heavy-duty transit buses. Expanded supply base, meaning better leverage suppliers' capability for improved cost performance. Enhanced talents, system, and tools for product development, production, quality management, and also process improvements, provided potential operation platform to continue improve our operation efficiencies, increasing flexibilities, and reduce the variabilities to support overall business strategies and performance expectations. Not only boost our revenue potential, but also, align perfectly with our vision to lead in the electrification of the commercial transportation industry. In terms of our specific operational results, we have started to deliver electric transit buses, meaning we activated supply base for transit operations. We began production of our next generation Gen4 shuttle buses and trucks. This new drivetrain features a 650-volt architecture, improved charging speeds, and enhanced safety, with battery packs located within the chassis frame rail. The first unit has already been delivered to customers in New Jersey, making a significant step forward in our product evolution for medium-duty vehicles. Looking ahead, we are looking at further leveraging our transit facility in Greenville, South Carolina, integrate talents, supply base, and system to expand our operations and manufacturing capabilities to support our growth trajectory. We are ramping up our production, Gen4 production at our Anaheim facility and planning to extend our operation to additional locations on the East Coast. This expansion will leverage the synergies with our transit bus production facility in Greenville, South Carolina, enabling us to scale our medium-duty weight EVs production significantly. Another exciting development is the deployment of the wireless charging-capable shuttle buses. Thanks to our partners with the InductEV, we expect to deploy the first of these shuttle bus later this year, offering a versatile and efficiency charging solution for our customers. Overall, our operational achievements and strategic initiatives in the first quarter of twenty-twenty-four and beyond have set a solid foundation for future growth. We are committed, of course, to delivering high-quality, sustainable transportation solutions and continue to push forward the boundary of what is possible in electric vehicle industry. Now, hand it over to our CFO, Michael Yung, who will provide a detailed overview of our financial performance for the first quarter. Michael? Thank you, Lewis. Good afternoon, everyone. I am pleased to provide a detailed overview of our financial performance for the first quarter of 2024. As Denton mentioned earlier, we achieved record net revenue of $9.4 million, a significant increase from the $1.8 million in the prior year period. This growth was primarily driven by successful acquisition of Proterra Transit business, which contributed $9 million in revenue. While cash flow constraint impact the number of delivery completed in first quarter, our overall revenue performance highlight the strategic importance of this acquisition. Our gross profit for the quarter increased to $2.5 million, up from $0.2 million in the same period last year, resulting a gross margin of 26.6%, compared to 9.7% previously. This improvement is largely due to higher margin associated with the newly acquired transit bus business. The net income for Q1 was recorded $14.8 million, or $0.49 per share, primarily influenced by the significant bargain inventory purchase gain of $32.9 million. Our total asset increased to $78.7 million, while our net asset rose to $23.7 million. The result demonstrate the transformative impact of our strategy, action, and set a strong foundation for continued growth. In terms of our capital structure, we have made significant stride enhancing our financial flexibility. We successfully negotiated a waiver agreement with one of our principal investor, eliminating potential issuing of $12 million convertible promissory note. This move prevent dilution of our existing shareholder and underscore the confidence our investors have in our strategy and financial health. This agreement, combined with recent capital raise activity, which resulted in $11.1 million in new capital at an average share of $1.15, have provided us with solid foundation to accelerate our growth initiative and strategically allocate resources towards innovation and market expansion. Looking ahead, we are extremely optimistic about our continued financial performance. We currently expect to report $12 million revenue for Q2, up more than 20% sequentially. In addition to our transit bus segment, our focus on new product launch, like fourth-generation drivetrain for Class 4 vehicle, and partnership, such as InductEV for wireless charge solutions, are expected to further boost our revenue and market presence in the quarter ahead. We are confident that those strategy move will drive substantial growth and position Phoenix Motor as a leader in a rapidly evolving electric motor sector. Thank you for your continued support in joining us today. We are now ready to take your question. Operator? Thank you. We will now be conducting a question and answer session. If you would like to ask a question, please press star one on your telephone keypad. Confirmation tone will indicate your line is in the question queue. You may press star two to remove yourself from the question queue. For participants using speaker equipment, it may be necessary to pick up a handset before pressing the star keys. One moment while we poll for questions. Okay, if there are no questions at this time, thank you. This does conclude today's teleconference. We thank you for your participation.