 Good afternoon ladies and gentlemen. Welcome to the CS Las Vegas. Welcome to BITON. Thank you. Thank you. So hello everyone. Very much welcome to BITON and thank you for coming to join us today for our world premiere. Now this is a very emotional moment for you because I'm going to tell you a bit about our baby, our first product, our first BITON. So we believe that this vehicle will be a new design icon with high-tech details to express our digital leadership. This is a key priority of us. We have to create new design semantics which replaces horsepower with digital power. You can see that traditional automotive elements have nearly disappeared to make way for state-of-the-art symbols of the new generation driving technology. For example, rear cameras, rear view cameras are replacing the side mirrors and a landmark facial recognition camera integrated to the B pillar of the car is for user authentication. The progressive design is continued with the exterior lighting concept. So driving lights and then something very new what we call smart surfaces which are styling flourishes with connecting lines and support cutting-edge technology. Because it will let your car will interact with you. Your BITON will greet you when you approach it and your BITON will signal to you important information such for example what is my charging status. For all of you that love to know details as much as I do, let's just go through the dimensions. The dimensions of the car are 4 meters 85 in length, 1 meter 94 in width and 1 meter 65 in height. On American measurements it's 191 by 76 by 65 inches. The wheelbase is 2 meters 95 or 116 inches and you can believe me these are perfect proportions for a car. It's really perfect proportions. So once you have taken your seat you will feel as if you are in a luxurious living room. Individually adjustable front and back seats. Then you have two side pots under your armrest of the front seats can store items like tablets or e-readers and all it's always in very easy reach. While those inward rotating front seats are designed to stimulate communication. And we are the first bringing these rotating front seats into serious production. Many companies talk about it but we are the first make this happen. The car features the world's first coast to coast chat experience display. It's a complicated word so we use an abbreviation saying it's an SED. The dimension of this screen is 1 meter 25 by 25 centimeters or 49 by 10 inches. And also here we are the first bringing this into serious production. There will be no other car out in 2019 having this technology. Safety of course is our underlying principle. We have added side viewer camera mirrors and place them in the direct field the vision of the driver. All systems of the car are intensively tested against driver distractions. So for example if the exterior lighting conditions change your Biden will adjust to your needs automatically. If face recognition which ensures your car recognize you and adapts to your needs to your configuration. This personalization will reduce the forms of input you need to control the vehicle. Then the touch for the driver tablet which is widely adopted touch screen to offer convenience directly at your fingertips in front of you. Voice control which is voice control brought to the very next level with the advanced integration of Amazon Alexa. And I can really promise you in your Biden Alexa will be smarter than ever. I noticed your next charging location will be at the Biden house at CES. To save your time do you want me to reschedule your Whole Foods package delivery to that location? Great idea. Yes please reschedule the delivery to the Biden house. Thanks Alexa. In addition to touch and voice we are introducing an intuitive gesture control system that will enhance your digital experience in your Biden and everyone can operate it. As you can see there are only five gestures to control the system and they all come very natural. So it's no manual required. And as I said I promise you that the Biden is as intuitive and easy to operate as any other smart device. It's crucial for us that the Biden offers the very best high-speed connectivity because it's very important to be smart. So we have an array of flat antennas which is ideally integrated into the roof line and you see there's no shark fin on this car. No shark fin but traditional cars would need more than four shark fins to achieve the same level of connectivity this car will have. It has the intelligence to see what is happening in the car and to respond to potential threats. And this intelligence grows over time. It's amazing it grows over time because it uses machine learning capabilities to analyze vehicle data, environmental conditions to diagnose and protect the vehicle against both failures and threats. Our first Biden is designed for the age of autonomous driving and shared mobility. Therefore it provides full level three capabilities from launch and will go to level 4 ready from 2020 on. And we will not only update the cars through advanced software but also prepare the vehicle's architecture to handle upgrades of sensors, cameras and other elements needed for advanced levels of autonomous driving. And finally another blocking point is removed as well. Your Biden will recharge in no time giving you an extra of 150 miles in just 20 minutes. And in just 30 minutes 80% of your battery is recharged. Our first Biden will be the most advanced vehicle in the market as of 2019. And the good news is that your Biden will be affordable based on a starting price which will be just around 45,000 US dollar. Your Biden is a smart device that recognizes you and it will improve your experience the more it knows you. Through artificial intelligence it will learn your preferences and habits leading to an exceptional personalized experience. To really further enhance the communication between the passengers we created a meeting atmosphere in the car with rotating seats which really creates a very very exceptional kind of experience. Another very essential feature was really super important for us is to achieve a very intuitive navigation system. As you can see you can input your destination via the driver tablet at your fingertips without even removing your hands from the steering wheel. And in combination with smart suggestions based on your personal profile your navigation experience will be improved significantly from what we currently know today. Another very important topic is health and we can see this topic health and fitness is becoming ever more important and we can see this especially here at the CS 2018. We swim, we hike, we work out and your Biden will be able, will be the first vehicle that also functions like a variable helping you to keep track of all your vital signs whether heart rate, wake, oxygen saturation or blood pressure. And based on these insights your Biden will give you meaningful advice. It's important to us to recognize what our users would like to do with the time they gain through advanced levels of autonomous driving. One important element of course is entertainment such as movies. While for the driver this is currently only available while the car is stationary nevertheless highlights what is in store for us at the age of autonomous driving. Today is obviously a very significant day for Biden but we also believe it's a hugely significant day for the future of cars in particular for smart mobility. We do believe that we are at the beginning of something special during a period in history and we are radically transforming the very concept of driving. You will be happy to hear that we already have a schedule for the launch of our first Biden and it looks like this. Yes our production plant is located the same place as our global headquarters in Nanjing and is already under construction and we are preparing for our global launch starting in late 2019. Thank you thank you.