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TheStreet Open House

Exceed Company CEO Discusses F3Q10 Results - Earnings Call Transcript

Exceed Company Limited ( EDS)

F3Q10 Earnings Call

November 16, 2010 8:00 a.m. ET

Executives

Vivien Tai – VP, Finance & Company Secretary

Shuipan Lin - Chairman and Chief Executive Officer

Terence Wong - Chief Financial Officer

Presentation

Operator

Welcome to Exceed Company’s third quarter 2010 earnings conference call. All lines have been placed on mute to prevent background noise. After the presentation, there will be a question-and-answer session. Please follow the instructions given at that time if you would like to ask a question. Now I would like to transfer the call to Ms. Vivien Tai, VP of Finance and Company Secretary of Exceed Company Limited.

Vivien Tai

Good day, everyone, and welcome to the Exceed Company Ltd. Third Quarter Results conference call. With me today are our Chairman and Chief Executive Officer, Mr. Shuipan Lin, and our Chief Financial Officer, Mr. Terence Wong. As we proceed through our prepared remarks, we will refer to our results presentation which can be downloaded from our website at www.ir.xdlong.cn. Following the remarks, Mr. Lin and Mr. Wong will be happy to take your questions.

The primary purpose of today's call is to provide you with information regarding our fiscal third-quarter 2010 performance. Some of our discussion and responses to your questions may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding future events and future performance of Exceed. These statements are based on management’s current expectations or beliefs. Actual results may vary materially from those expressed or implied by the statements herein. This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in certain of Exceed's Securities and Exchange Commission filings. For a description of certain factors that could cause actual results to vary from current expectations and forward-looking statements, please refer to documents that Exceed files with the Securities and Exchange Commission. Exceed is under no obligation to, and expressly disclaims any obligation to, update or alter its forward looking statements, whether as a result of new information, future events, changes in assumptions or otherwise. Now I’d like to pass the call over to our Chairman and Chief Executive Officer, Mr. Shuipan Lin. He will give you some highlights of the Q3 results of Exceed Company Ltd, the owner and operator of “Xidelong” brand, one of the leading domestic sportswear brands in China.

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