JA Solar Holdings, Co., Ltd. (JASO) Q4 2011 Earnings Call March 20, 2012 8:00 am ET Executives Dr. Peng Fang – Chief Executive Officer Min Cao – Chief Financial Officer Ming Yang – Vice President Martin Reidy – Brunswick Group Analysts Jesse Pichel – Jefferies & Co. Karen Tai – Piper Jaffray Brandon Heiken – Credit Suisse Kelly Dougherty – Macquarie Research Equities Lu Yeung – UBS (US) Richard Grace – RBC Capital Markets Pavel Molchanov – Raymond James Brian Gamble – Simmons & Co. Nipun Sharma – Mirae Asset Securities PresentationOperator
Hello, and thank you for standing by for JA Solar’s Fourth Quarter and Full-Year 2011 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the management’s prepared remarks, there will be a question-and-answer session. Today’s conference 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, Martin Reidy of Brunswick Group. Martin Reidy Thank you. Welcome to JA Solar’s fourth quarter and full-year 2011 earnings conference call. Joining us from the Company today are Dr. Peng Fang, CEO; Mr. Min Cao, CFO; and Mr. Ming Yang, VP of Business Development and Corporate Communications. As stated in the press release, the oversimplified transition of CNY into U.S. dollars, which is set at 6.2939 RMB to the dollar, is made solely for the convenience of the audience. References to dollars are the lawful currency of the USA.