AsiaInfo Holdings, Inc. (ASIA) Q2 2012 Earnings Call July 30, 2012 8:00 p.m. EDT Executives Jimmy Xia – Head of IR Steve Zhang – President and CEO Michael Wu – CFO Analysts Scott Sutherland – Wedbush Morgan Kun Tao – Roth Capital Partners Qin Zhang – J.P. Morgan Sam Li – Goldman Sachs Clara Fan – Jefferies & Co. PresentationOperator Ladies and gentlemen, thank you for standing and welcome to the Q2 2012 AsiaInfo-Linkage earnings conference call. [Operator Instructions].
I must advise you that this conference is being recorded today, Tuesday, July 31, 2012. I'd now like to hand the conference over to your first presenter for today, Head of Investor Relations, Jimmy Xia. Thank you, sir, and please go ahead. Jimmy Xia Thank you, [Jazz]. Hello everyone and welcome to AsiaInfo-Linkage’s second quarter 2012 earnings conference call. Today, Mr. Steve Zhang, AsiaInfo-Linkage’s President and CEO, will review business highlights from the quarter and discuss company strategy. Our Chief Financial Officer, Michael Wu, will discuss financial results for the second quarter 2012 and give guidance for the third quarter. Before we continue, please allow me to read you AsiaInfo-Linkage’s Safe Harbor Statement. Information discussed during this conference call might be forward-looking in nature and therefore subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. To understand the factors that could cause results to materially differ from those in the forward-looking statements, please refer to our annual report on Form 10-K for the fiscal year ended December 31, 2011 and reports subsequently filed with the Securities and Exchange Commission.
Shares of Asiainfo-Linkage (Nasdaq:ASIA) were gapping up Friday morning with an open price 12.7% higher than Thursday's closing price. The stock closed at $9.92 yesterday and opened today's trading at $11.18.