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Home Inns & Hotels' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Home Inns & Hotels Management, Inc. (HMIN)

Q1 2012 Earnings Call

May 10, 2012 9:00 p.m. EDT


Kelvin Lau – IR Director

David Sun – CEO

Huiping Yan – CFO


Justin Kwok – Goldman Sachs

Ella Ji – Oppenheimer & Co.

Billy Ng – Bank of America

Lin He – Morgan Stanley

Adam Krejcik – Roth Capital Partners

Vivian Hao – Deutsche Bank

Fawne Jiang – Brean Murray

Jamie Zhou – Macquarie

Chenyi Lu – Cowen & Co.

Tian Hou – T.H. Capital



Ladies and gentlemen, thank you for standing by for Home Inns’ first 2012 earnings conference call.

At this time all participants are in a 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 hand the call over to your host for today’s conference, Kelvin Lau, Home Inns’ Investor Relations Director.

Kelvin Lau

Hello, everybody, and welcome to our earnings conference call. Our first quarter 2012 earnings results were released earlier and now available on the company’s website.

With us today is David Sun, our CEO, Huiping Yan, our CFO, who will be further discussing our performance for the past quarter. After the prepared remarks, David and Huiping will be available to answer your questions.

Before we continue, please note that the discussion today will include forward-looking statements made under the Safe Harbor Provisions of the US 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. A number of potential risks and uncertainties are outlined in our public filings with the SEC. Home Inns does not undertake any obligation to update any forward-looking statements except as required under applicable laws.

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