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TheStreet Open House

51job CEO Discusses Q4 2010 Results - Earnings Call Transcript

51job, Inc. ( JOBS)

Q4 2010 Earnings Call

February 28, 2011 8:00 AM ET

Executives

Linda Chien – Assistant VP, IR

Rick Yan – Co-founder, President and CEO

Kathleen Chien – Co-founder, COO and Acting CFO

Analysts

Alicia Yap – Citigroup

Wendy Huang – RBS

Jenny Wu – Morgan Stanley

Ming Zhao – Susquehanna International Group

Presentation

Operator

Good morning ladies and gentlemen. Thank you for holding. Welcome to the 51job Inc. fourth quarter and fiscal year 2010 conference call. At this time all participants are in a listen-only mode. After the presentation there will be an opportunity to ask questions (Operator Instructions)

I will now hand the conference over to Ms. Linda Chien, Assistant Vice President of Investor Relations. Thank you, Madam. Please go ahead.

Linda Chien

Thank you operator and thank you all for attending this teleconference to discuss un-audited financial results for the fourth quarter and fiscal year ended December 31, 2010. With me for today’s call are Rick Yan, Chief Executive Officer and Kathleen Chien, Chief Operating Officer and Acting Chief Financial Officer. A press release containing fourth quarter and full-year 2010 results was issued earlier today and a copy may be obtained through our website at ir.51job.com.

Before we begin, I would like to remind you that during this call, statements regarding targets for the first quarter of 2011, future business and operating results constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended and as defined in the Private Securities Litigation Reform Act of 1995.

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