Greetings, and welcome to the Gulf Resources 2019 Annual and Fourth Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It's now my pleasure to introduce Helen Xu. Please go ahead.

Thank you, operator. Good morning, ladies and gentlemen, and good evening to all of those of you who are joining us from China. And we'd like to welcome all of you to Gulf Resources Annual and Fourth Quarter 2019 Earnings Conference Call. My name is Helen, the IR Director. Our CEO of the company, Mr. Xiaobin Liu, is also joining us this call today. I will be offering translation for his comments for the company's operating results during the Q&A section. I'd like to remind you -- to all of our listeners that in this call, certain management statements during this call will contain forward-looking information about Golf Recourses Inc. and its subsidiary business and products within the meaning of Rule 175 under Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1933 (sic) [ 1934 ] and are subject to the safe harbor created by those rules. Actual results may differ from those discussed today, taking into account a number of risk factors, including, but not limited to, the general economic and business condition in China; future product development and production capabilities; shipments to end customers; market acceptance of new and existing products; additional competition from existing and new competition from the bromine and other oilfields in the power production chemicals; change in technology; the ability to make future bromine assets; and the various other factors beyond its control. All forward-looking statements are expressly qualified in their entirety by this cautionary statement and the risk factors detailed in the company's reports filed with the SEC. Gulf Resources assumes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this call. Accordingly, our company believes expectations reflected in those forward-looking statements are reasonable and there can be no assurance of such will prove to be correct. In addition, any reference to company's future performance represents the management's estimates as of today, the 15th of April, 2020. For those of you unable to listen to the entire call at this time, a replay will be available for 14 days at the company's website. The call is also accessible through the webcast and the link is accessible through our website. So please look at our press release issued earlier for that detail. Because of the events of the past 13 months, we will focus net on the reported numbers, but more on the progress that company has made and are making to restore our company to profitability. So we will start the call today with some comments from the company's CEO, Mr. Xiaobin Liu.

[Foreign Language]

[Interpreted] Okay. Thank you, Helen, certainly true. 13 months ago, we had to close our faculty for rectification under a government program to improve the environment. After completing some rectification work, we were able to open some of our bromine and crude salt facility. Then the company was hit by the second most destructive typhoon in China's history. All of our facilities were flooded. So the company, again, had to repair everything and begin operations.

[Foreign Language]

[Interpreted] Then the government, in order to protect the environment, during the winter month, when pollution is at its worst, asked the company to close all of its facilities for 2 months, and we were getting ready to reopen, this COVID-19 epidemic forced the government to extend the closure. Finally, all of the problems seem to be behind the company. We have opened 2 of our bromine and crude salt facilities, 2 more expect to start trial production in the next few days. And we will begin commercial production in the next month. We are optimistic about opening the remaining 3 facilities.

[Foreign Language]

[Interpreted] The company had received approval to begin contraction of our chemical factory and expect to start at the beginning of next month. We are optimistic about getting commission to get -- once again begin producing natural gas in Sichuan. We have become increasingly opportunistic about the future. Now I will turn the call back to Helen for some more details on this subject. So now I will look at more on this subject. On September 1, 2017, the company and its competitors received letters from government instructing us to close our bromine and chemical facilities. So they could go through rectification to improve the environment. We were also informed that our chemical factories would have to be closed and then relocated. We immediately began the rectification. On September 2018, the company was informed that bromine factories #3, #4 and #11 were too close to where people were living and would not be allowed to resume production. On May 29, 2019, we received a notice from government in Sichuan Province that the company needs to obtain approvals, including projects safety, environment protection and land for our natural gas where located. Sadly, it had to temporarily held production at our natural gas well until these approvals are received. In August 2019, Typhoon Lekima, the second most destructive typhoon impacted China, hit Shandong Province. Lekima dropped 15.2 inches of rain in Weifang City, flooding all of the [ first ] company's factories and [ salt ponds ] and causing very significant damage. This forced us to do more rectification and delayed our approvals. On November 25, 2019, the government of Shouguang City issued a notice ordering all bromine facilities to stop production from December 16 to February 10 for environmental reasons. Winter is a time of the greatest air pollution in Shandong…

[Foreign Language]

[Interpreted] Mr. Liu stated that the company would like to thank to all of its shareholders and employees who have supported us throughout this difficult period. We are fortunate that the company had large amounts of cash when this difficult period began. And yet, we still have enough cash to reopen of -- all of our facilities and still have cash available for other growth opportunities. The future of our company now looks bright. So now let's turn the call back to Helen and start your question-and-answer session.

[Operator Instructions] If there are no questions at this time, I'll turn the floor back over for any further or closing comments. Helen, there are no questions at this time. I'll turn the floor back over to you.

Okay. Thank you. [Foreign Language]

[Foreign Language]

[Interpreted] If there is no more question, can we close the call for today?

Yes. That does conclude today's teleconference. You may disconnect your line at this time, and have a wonderful day. We thank you for your participation today.

Yes. You have a good night, and a good day. Take care.

Thank you, everyone. [Portions of this transcript that are marked [Interpreted] were spoken by an interpreter present on the live call.]