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E-Commerce China Dangdang Management Discusses Q2 2012 Results - Earnings Call Transcript

E-Commerce China Dangdang Inc. (DANG)

Q2 2012 Earnings Call

August 16, 2012 8:00 AM ET


Maria Xin – IR Director

Peggy Yu Yu – Co-Founder and Executive Chairwoman

Susan Zhang – Financial Reporting Director


Fawne Jiang – Brean, Murray

Philip Wan – Morgan Stanley

George Chang – Macquarie

Emma Zhao – ROTH Capital

Ida Yu – CICC

Tian Hou – TH Capital

Wallace Cheung – Credit Suisse

Andy Yeung – Oppenheimer

Andrew Marok – Cowen Group

Alicia Yap – Barclays

Muji Li – Citigroup



Hello, ladies and gentlemen. This is Desmond, and I’ll be tele-operator for this conference call. I would like to welcome everyone to E-Commerce China Dangdang Second Quarter 2012 Earnings Conference Call. All lines have been placed on mute to prevent background noise. After the presentation, there will be a question-and-answer session. (Operator Instructions)

Now, I would like to turn the call over to Ms. Maria Xin, Investor Relations Director of Dangdang. Please proceed.

Maria Xin

Thank you, and welcome to our second quarter 2012 earnings conference call. Joining me on the call today are Peggy Yu Yu, Executive Chairwoman and Susan Zhang, Financial Reporting Director. For today’s agenda, management will discuss highlights for the second quarter of 2012. This will be followed a question-and-answer session.

Before we continue, I refer you to our Safe Harbor statement in our earnings press release, which applies to this call as we will make forward-looking statements. Also, this call includes discussion of certain non-GAAP financial measures.

Please refer to our earnings release, which contains a reconciliation of non-GAAP measures to the mostly direct comparable GAAP measures. Finally, please note that unless otherwise stated, all figure mentioned during this conference call are in renminbi.

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