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Giant Interactive Group Management Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: GA

Before we continue, I would like to remind you that statements on this call that are not strictly historical in nature constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995.

These forward-looking statements can be identified by terminologies such as will, expects, anticipates, future, intend, plans, beliefs, estimates and similar statements, and among others, include statements regarding the ability of the company to cooperate with online platforms in addition to Qihoo 360, the sustained progress and performance of ZT Online 2 after the launch of its first expansion pack and the Micro-Client version, the sustained growth and diversity of the company’s user base asset launch and the testing of pipeline games, the capacity of World of Xianxia to become another blockbuster MMORPG of the company, the ability of the company to capture new growth opportunities in domestic and international online game markets as it implements of the company strategy in connection with web games, the company’s moderate sequential growth in the third quarter of 2012 and a time table for testing and release of new games and expansion packs in the company’s game pipeline.

These forward-looking statements are not historical facts, but are instead represent only our belief regarding future events, many of which by their nature are inherently uncertain and outside of our control. Our actual results and financial condition and other circumstances may differ possibly materially from the results, anticipated results and financial conditions indicated in these forward-looking statements.

Among the factors that could cause our actual results to differ from what we currently anticipate may include a deterioration in the performance of ZT Online 1 series, failure of ZT Online 2 to grow as expected, unexpected delays in developing expansion packs or in the timetable for testing and launching our gains, our dependence on ZT Online 1 series and ZT Online 2, which currently account for the majority of our historical net revenues, failure of our web games and our first FPS game to grow as successful as expected, our uncertainties with respect to the PRC legal and regulatory environments and the volatility of the markets in which we operate.

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