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Shanda Games' CEO Discusses 4Q2011 Results - Earnings Call Transcript

Shanda Games, Ltd. ( GAME)

Q4 2011 Earnings Call

February 21, 2012 8:00 p.m. EST


Ellen Chiu -- IR Director

Alan Tan -- Chairman and CEO

Richard Wei -- CFO

Xiangdong Zhang -- COO and Chief Producer


Timothy Chan -- Morgan Stanley

Dick Wei -- JPMorgan

Catherine Leung -- Goldman Sachs

Eddie Leung -- Merrill Lynch

Jialong Shi -- CLSA

Ming Zhao -- UBS

Thomas Cheng -- RBS

Mark Marostica -- Piper Jaffray

Alex Yao -- Deutsche Bank



Welcome to Shanda Games Limited’s fourth quarter and full-year 2011 results conference call. The conference call will be recorded and available for replay in its entirety. A copy of Shanda Games’ fourth quarter and full-year 2011 results announcement can be found and downloaded from the Investor Relations website at

At this time all lines have been placed on listen-only mode and the floor will be open for questions following the presentation.

I would now like to introduce your host, IR Director, Ellen Chiu. Thank you. Please go ahead.

Ellen Chiu

Thank you. Good morning and good evening everyone. On behalf of Shanda Games, I would like to welcome everyone to our 2011 fourth quarter and full year financial results conference call.

With me today are Mr. Alan Tan, our Chairman and Chief Executive Officer, and Mr. Richard Wei, our Chief Financial Officer.

Before we begin, I’d also like to remind you that management comments during the call will include forward-looking statements that are based on our current estimates and are intended to qualify for the Safe Harbor for such statements [expressed] in the US Private Securities Litigation Reform Act of 1995. All statements that are not statements of historical facts during the conference call are forward-looking statements which are subject to significant risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. So, please take a minute to read the Safe Harbor statement in Shanda Games’ 2011 fourth quarter and full year earnings release.

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