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August 16, 2012 7:30 AM ET
Michelle Yuan – Director, IR
Li-Lan Cheng – COO
Bin Laurence – CFO
Xin Zhou – CEO and Co-Chairman
Jin Song Du – Credit Suisse
Ella Ji – Oppenheimer
Jack – TH Capital
Brandon Dobell – William Blair
Hello and thank you for standing by for E-House’s Second Quarter 2012 Earnings Conference Call. At this time, all participants are in a listen-only mode. After management’s prepared remarks, there will be a Q&A session. Today’s conference call is being recorded. If you have any objections, you may disconnect at this time.
I would now like to turn the meeting over to your host for today’s conference, Ms. Michelle Yuan, E-House Director of Investor Relations.
Hello, everyone, and welcome to E-House second quarter 2012 earnings conference call. Today, we are going to give you an update on our financial results for the second quarter ended June 30, 2012. If you need a copy of the earnings press release or if you would like to sign up for our investor distribution list, please go to the IR section of our website at www.ehousechina.com.
Leading the call today is Mr. Li-Lan Cheng, our COO, who will review some highlights from the second quarter of 2012. Ms. Bin Laurence, our CFO, will then discuss the financial results in more detail. We will then open the call to questions, at which time, our Co-Chairman and CEO, Mr. Xin Zhou will be available.
Before we continue, please allow me to read you E-House’s Safe Harbor statement. Some of the statements during this conference call are forward-looking statements made under Safe Harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. Potential risks and uncertainties include, but are not limited to those outlined in our public filings with the SEC.