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March 1, 2011 8:00 AM ET
Dong Xu – Chairman and CEO
Dora Li – VP, Finance and Controller
Jerry He – EVP and CFO
Howard Zhou – Roth Capital Partners
Ella Ji – Oppenheimer
Tony Kamin – Eastwood Partners
Welcome to the Noah Education Second Quarter Fiscal 2011 Financial Results Conference Call. At this time all participants are in listen-only mode. Following management’s prepared remarks there will be a Q&A session. As a reminder, this conference is being recorded.
Joining the conference today are Mr. Dong Xu, Chairman and CEO, Mr. Jerry He, CFO and Executive Vice President and Ms. Dora Li, VP of Finance and Controller.
After the U.S. markets closed yesterday afternoon, Noah issued a press release announcing its second quarter fiscal year 2011 financial results. The release is available on the company’s IR Web page at ir.noahedu.com.cn, along with the presentation for today’s call. This call is also being broadcast live over the Internet.
Before management’s presentation, I would like to refer to the Safe Harbor statement in the connection with today’s conference call. This call may contain forward-looking statements within the meaning of the Private Securities Litigation and Reform Act of 1995, including certain expectations and goals which are subject to numerous assumptions and risks.
Forward-looking statements involve unknown and known results, risks and uncertainties, many of which are beyond our control which may cause actual results to differ materially from any future results or achievements implied by such forward-looking statements.