Operator
Good morning, and good evening, ladies and gentlemen. Thank you for standing by, and welcome to Chagee’s First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note that today’s event is being recorded.
With that, I will now turn the call over to the first speaker today, Ms. Alicia Guo, Investor Relations Director of the company. Please go ahead, ma’am.
Unknown Executive
Thank you. Hello, everyone, and welcome to Chagee’s First Quarter 2026 Earnings Call. With us today are Mr. Junjie Zhang, our CEO; Mr. Aiden Yin, our COO; and Mr. Aaron Huang, our CFO.
The company’s financial and operating results were released by the Newswire earlier today and are currently available online. Before we continue, I refer you to our safe harbor statement in the earnings release, which applies to this call. Any forward-looking statements that we make on this call are based on assumptions as of today, and Chagee does not undertake any obligations to update these statements. Also, this call includes discussions of certain non-GAAP financial measures. Please refer to our earnings release, which contains a reconciliation of non-GAAP measure to a GAAP measure.
With that, I will turn the call to our CEO, Mr. Junjie Zhang. Please go ahead, sir.
Unknown Executive
[Interpreted] Hello, everyone. Welcome to Chagee’s First Quarter 2026 Earnings Call. As we enter 2026, our strategic direction is clearer than
