Home Inns & Hotels Management, Inc. (HMIN) Q4 2010 Earnings Call March 7, 2010 8:00 PM ET Executives Ethan Ruan – IR David Sun – CEO Huiping Yan – CFO May Wu – Chief Strategy Officer Analysts Chris Woronka – Deutsche Bank Allen Gee – Oppenheimer Billy Ng – Bank of America Adam Krejcik – ROTH Capital Partners Justin Kwok – Goldman Sachs Fawne Jiang – Brean Murray Lin He – Morgan Stanley Asia Limited Noah Hudson – Guotai Junan PresentationOperator
Hello and thank you for standing by for Home Inns 2010 fourth quarter and full-year earnings conference call. At this time all participants are in a listen-only mode. (Operator Instructions) I would now like to turn the call over to your host for today’s conference, Ethan Ruan, with Home Inns Investor Relations Manager. Please proceed sir. Ethan Ruan Hello everyone, and welcome to our earnings conference call. Our fourth quarter and full-year earnings results were released earlier and are available on the company’s website. With us today is David Sun, our Chief Executive Officer; Huiping Yan, our Chief Financial Officer, and May Wu, our Chief Strategy Officer and Chief Executive Officer for Yitel brands, who will be further discussing our performance. After prepared remarks, David, Huiping and May will be available to answer your questions. Before we continue, please note that the discussion today will include forward-looking statements made under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties and such our results may be materially different from the views expressed as of today. A number of potential risks and uncertainties are outlined in our public filings with the SEC. Home Inns does not undertake any obligation to update any forward-looking statements except as required under applicable laws.