Noah Education Holdings, Ltd. (NED) Q4 2010 Earnings Call August 31, 2010 8:00 AM ET Executives Dong Xu – Chairman and CEO Jerry He – CFO and Executive Vice President Dora Li – Vice President, Finance and Controller. Analysts Ella Ji – Oppenheimer Tony Kamin – Eastwood Partners PresentationOperator
Good day, ladies and gentlemen. And welcome to the Noah Education Fourth Quarter and Full Fiscal Year 2010 Financial Results Conference Call. At this time, all participants are in a listen-only mode. Following managements prepared remarks there will be a Q&A session. As a reminder, this conference is being recorded. Joining the conference today are Mr. Xu Dong, Chairman and CEO; Mr. Jerry He, CFO and Executive Vice President; and Ms. Dora Li, Vice President of Finance and Controller. After the U.S. markets closed yesterday afternoon, Noah issued a press release announcing its fourth and full quarter fiscal year 2010 financial results. The release is available on the company's IR webpage at ir.noahedu.com.cn along with the presentation for today's call. This call is also being broadcast live over the Internet. Before management's presentation, I would like to refer to the Safe Harbor statement in connection with today's conference call. This call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including certain expectations and goals, which are subject to numerous assumptions and risks. Forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond our control, which may cause actual results to differ materially from any future results or achievements implied by such forward-looking statements.