Key Participants
Company Participants:
Sandy Qin, Director of Investor Relations
Shaofeng Zhang, Founder, CEO & Executive Chairman
Wei Zheng, Senior VP & CFO
Conference Call Participants:
Lin Yang, Haitong Securities Co., Ltd., Research Division
Opening Remarks
Sandy Qin, Director of Investor Relations at Bairong Inc., welcomed investors, analysts, and media representatives to the online briefing.
Qin thanked participants for their ongoing support and interest in the company.
Bairong released its 2025 annual results announcement following market close on March 26.
Presentation Overview
The session highlights the company’s 2025 operating achievements, provides a 2026 outlook, and addresses key questions.
It features three main sections:
- CEO’s review of business progress and future prospects
- CSO’s analysis of financial results
- Q&A with management
Operator instructions guide the Q&A process, with management responding after the main presentation.
Forward-Looking Statements Disclaimer
The briefing includes forward-looking statements based on current management views. Terms such as ‘anticipate,’ ‘believe,’ ‘intend,’ ‘estimate,’ and ‘expect’ signal these projections.
Except for historical facts, all other statements qualify as forward-looking. They do not assure future outcomes.
Bairong, its affiliates, directors, officers, employees, or advisors disclaim any duty to update or revise these statements.
Management Introduction
Sandy Qin introduced the executive team present, starting with Mr. Shaofeng Zhang, Founder, Chairman of the Board, and Chief Executive.

