China XD Plastics Company Limited (CXDC) CEO Jie Han on Q1 2020 Results - Earnings Call Transcript

China XD Plastics Company Limited (CXDC) Q1 2020 Results Earnings Conference Call June 29, 2020 8:00 AM ET

Company Participants

Shaojie Wen - Investor Relations
Jie Han - Chairman and Chief Executive Officer
Taylor Zhang - Chief Financial Officer
Qingwei Ma - Chief Operating Officer

Conference Call Participants

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the China XD Plastics First Quarter 2020 Financial Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to China XD Plastics Company Limited, Investor Relations, Shaojie Wen. Thank you. Please go ahead, sir.

Shaojie Wen

Thank you. Hello, everyone. Thank you all for joining for the call China XD Plastics First Quarter 2020 Financial Results Conference Call.

Joining me on the call today are Mr. Jie Han, Chairman and CEO; Mr. Qingwei Ma, Chief Operating Officer and Chief Technology Officer; Mr. Taylor Zhang, Chief Financial Officer.

Earlier today, China XD Plastics issued a press release announcing the first quarter 2020 results. Before management's presentation, I would like to refer to the safe harbor statements in connection with today's conference call and remind our listeners that management's prepared remarks during the call may contain forward-looking statements, which are subject to risks and uncertainties, and that management may make additional forward-looking statements in response to your questions.

All statements other than statements of historical fact contain our forward-looking statements, including, but not limited to the company's growth potential in international market, the effectiveness and profitability of the company's product diversification, the impact of the company's product mix shift to a more advanced product and related pricing policy, the volatility of the company's operating