First, our quarter three revenue growth was the broader base, driving both current and the new products, all wet cleaning and other front-end process tool growth 29% and represent a 70% of the total sales in quarter three. I will now discuss recent operational highlights on slide three. We ended the quarter with 65 million of cash, in addition, we add 30 million in the quarter and holding of SMIC stock market shares. On the bottom line, we report to this extent of net income value this year compared to 42% in the same quarter last year. We are focused on profitable growth as we invest in R&D to drive innovation, broaden our product portfolio and introduce new products. We maintain a good balance of growth and profitability with a 44.5% gross margin and 19.5% operating margin. Shipments were 99 million, upper 68% from $59 million in the same period last year. Revenue growth to 67 million of 41% year-over-year. Third quarter results demonstrate the strength of our expanding customer base, our differentiated multi-product solution, strong product cycle for both front-end and back-end, and our growing production scale. We deliver record revenue and shipments with a solid profitability. We had an excellent third quarter with strong financial results.

With that, let me now turn the call over to Dr Wang, who will begin the slide three. For our GAAP results and reconciliations between GAAP and non-GAAP amounts, you should refer to our earnings release. Certain of the financial results that we provide on this call, will be on a non-GAAP basis, which excludes stock-based compensation, a loss relating to a change in fair value of the financial liability and unrealized gain in trading securities. ACM is not obliged to update you on any revisions to these forward-looking statements. Please do not place undue reliance on these forward-looking statements, which reflect ACM's opinions only as of the date of this call. Those risks are described under Risk Factors and elsewhere in ACM's filings with the Securities and Exchange Commission.

These forward-looking statements represent ACM's current judgment for the future however, they are subject to risks and uncertainties that can cause actual results to differ materially.

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