 Ladies and gentlemen, thank you for standing by, and welcome to the Cellular Biomedicine Group, Inc. First Quarter 2020 Results Conference Call. Speaking today is Chief Executive Officer and Chief Financial Officer of Cellular Biomedicine Group, Tony Liu. For more information, please refer to the risk factors discussed in CBMGs most recently filed periodic reports on Form 10-K and Form 10-Q. Cellular Biomedicine Group assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. 