China Digital TV Holding Co., Ltd. (STV)
Q1 2011 Earnings Call
May 16, 2011 8:00 PM ET
Josh Gartner – Brunswick Group LLC, IR
Dong Li – President
Nan Hao – Head, Investor Relations
Zhenwen Liang – Chief Financial Officer
Mike Olson – Piper Jaffray
Philip Wan – Morgan Stanley
Good evening and thank you for standing by for China Digital TV’s first quarter 2011 earnings conference call. At this time, all participants are in listen-only mode. After management’s prepared remarks, there will be a question-and-answer session. Today’s conference is being recorded. If you have any objections you may disconnect at this time. I would now like to turn the meeting over to your host for today’s conference, Mr. Josh Gartner.
Josh Gartner – Brunswick Group
Hello everyone and welcome to China Digital TV’s first quarter 2011 earnings conference call. The company’s earnings results were released earlier today, and are available on the company’s IR website at ir.chinadtv.cn, as well as on newswire services.
Today, you will hear from Mr. Dong Li, China Digital TV’s president, who will give an overview of the quarter, followed by the Company’s head of investor relations, Mr. Nan Hao, who will discuss the financial results. After their prepared remarks, they will be joined by China Digital TV’s chief financial officer, Mr. Zhenwen Liang, to answer your questions.
Before we continue, please note that the discussion today will contain certain forward-looking statements made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, our results may be materially different from the views expressed today.