China Sunergy Co., Ltd. (CSUN)
Q2 2011 Earnings Call
August 19, 2011 08:00 am ET
Elaine Li - Senior Investor Relations Manager
Stephen Cai - CEO
John Wong - Financial Controller
Aihua Wang - VP & General Manager of R&D
Rob Stone - Cowen & Company
Dan Ries - Collins Stewart
Welcome to China Sunergy Second Quarter 2011 Earnings call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question and answer session. Ms. Elaine Li, Senior Investor Relations Manager, you may begin your conference.
Thank you, operator and welcome to China Sunergy’s second quarter 2011 earnings conference call. This is Elaine Li speaking, China Sunergy’s Senior Investor Relations Manager. With us today are China Sunergy’s CEO, Mr. Stephen Cai; Cofounder and Vice President of Technology, Dr. Aihua Wang, Acting CFO, Mr. Yongfei Chen; and Financial Controller Mr. John Wong.
Today before the market opens, the company issued a press release announcing our second quarter financial results, annual guidance update for the third quarter and full year 2011. This press release is also available on the investor section of China Sunergy website at www.chinasunenergy.com. In addition we have posted a PowerPoint presentation for this call on our website.
Today, we will be closely following and referring to that presentation in our prepared remarks. Stephen will first present an overview of our second quarter results and discuss the growth strategy and John will be doing our financial result in more detail and offer updated guidance for year 2011. Dr Wang will also discuss technology development. Finally we will take questions.