Baidu, Inc. (BIDU) Q2 2010 Earnings Call July 21, 2010 8:00 pm ET Executives Victor Tseng - IR Director Robin Li - Chairman and CEO Jennifer Li - CFO Haoyu Shen - SVP of Business Operations Analysts Alan Hellawell - Deutsche Bank James Mitchell - Goldman Sachs Richard Ji - Morgan Stanley Alicia Yap - Citi Dick Wei - JPMorgan Yu Jin - CICC Andrey Glukhov - Brean Murray Eddie Leung - Bank of America Stephen Ju - RBC Aaron Kessler - ThinkEquity Wallace Cheung - Credit Suisse Mayuresh Masurekar - Kaufman Brothers Jake Li - Guotai Junan Wendy Huang - RBS Welin Li - UBS PresentationOperator
Hello and thank you for standing by for Baidu's second quarter 2010 earnings conference call. (Operator Instructions) I would now like to turn the meeting over to your host for today's conference, Victor Tseng, Baidu's Investor Relations Director. Victor Tseng Hello, everyone, and welcome to Baidu's second quarter 2010 earnings conference call. We issued Baidu's second quarter 2010 earnings release earlier today. You can find a copy of the earnings release on the company's website as well as on newswire services. Today, you will hear from Robin Li, Baidu's Chairman and Chief Executive Officer, and Jennifer Li, Baidu's Chief Financial Officer. After their prepared remarks, Robin and Jennifer will be joined by Haoyu Shen, Senior Vice President of Business Operations, to answer your questions. Before we carry on, please note that the discussion today will contain forward-looking statements made under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Baidu does not undertake any obligation to update any forward-looking statement except as required under applicable law.