Home Inns & Hotels Management Inc. (HMIN)
Q3 2011 Earnings Call
November 10, 2011 9:00 PM ET
Ethan Ruan – IR Manager
David Sun – CEO
Huiping Yan – CFO
May Wu – Chief Strategy Officer and CEO, Yitel brand
Liping Cai – William Blair
Tinny Lu – Cowan & Company
Ella Ji – Oppenheimer
Adam Krejcik – Roth Capital Partners
Justin Kwok – Goldman Sachs
Fawne Jiang – Brean Murray, Carret & Charge-offs
Kenneth Fong – JP Morgan
Ladies and gentlemen, thank you for standing by and welcome to the Home Inns’ reports third quarter 2011 financial results call. At this time, all participants are in a listen-only mode. There will be a presentation, followed by a question-and-answer session. (Operator instructions)
I must advice that this conference is being recorded today Friday, November 11, 2011. I’d now like to turn the conference over to your host for today, Mr. Ethan Ruan, IR Manager. Thank you. Please go ahead.
Hello, everyone, and welcome to our earnings conference call. Our third quarter earnings results were released earlier and are available on the company’s website.
With us today is David Sun, our Chief Executive Officer; Huiping Yan, our Chief Financial Officer, who will be further discussing our performance for the past quarter; and May Wu, our Chief Strategy Officer and Chief Executive Officer of Yitel brand. After their prepared remarks, David, Huiping, and May will be available to answer your questions.