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TheStreet Open House

Perfect World Co.'s CEO Discusses Q1 2012 Results - Earnings Call Transcript

Perfect World Co., Ltd. (PWRD)

Q1 2012 Earnings Call

May 29, 2012 9:00 p.m. EDT

Executives

Joanne Deng – IR Manager

Michael Chi – Chairman and CEO

Kelvin Lau – CFO

Vivien Wang – VP of IR

Analysts

Mark Marostica – Piper Jaffray

Steve Zhang – Macquarie

Timothy Chen – Morgan Stanley

Wendy Huang – Royal Bank of Scotland

Huizi Zhang – Nomura Securities

Adam Krejcik – Roth Capital Partners

Martin Bao – CICC

Eric Wen – Mirae Asset

Andy Young – Oppenheimer

Atul Bagga – Lazard Capital

William Huang – Barclays Capital

Jialong Shi – CLSA

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Perfect World Co. Limited First Quarter Earnings Conference Call.

At this time, all participants are in a listen-only mode. There’ll be a presentation followed by a question-and-answer session, at which time, if you wish to ask a question, you’ll need to press star 1 on your telephone. In fairness to other callers, please keep your questions limited to one, and then you're free to return to the queue. I must advise you that this conference is being recorded today, Wednesday, the 30th of May, 2012.

I would now like to hand the conference over to your first speaker today, Mr. [Chip Fleming]. Thank you, sir, please go ahead.

Joanne Deng

Thank you, operator, and thank you everyone for joining us today for Perfect World’s first quarter 2012 earnings release conference call. We distributed our unaudited earnings release earlier today. You may find a copy of the press release on our official website or through the newswires.

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