Telestone's CEO Discusses Q2 2012 Results - Earnings Call Transcript.

Telestone Technologies Corp (TSTC)

Q2 2012 Results Conference Call

August 15, 2012 08:30 AM ET

Executives

John Harmon – CCG Investor Relations

Han Daqing – Chairman and CEO

Xiaoli Yu – Chief Financial Officer

Jun Man – Manager, Office of the Board of Directors

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Telestone Technologies Corp second quarter 2012 financial results conference call. All participants will be listen-only mode. (Operator Instructions).

After today's presentation there will be an opportunity to ask questions. (Operations Instructions). Please note this event is being recorded I would now like to turn the conference over to Mr. John Harmon, of CCG Investor Relations.

John Hormon

Thank you, Janine. Good morning, and good evening to everyone in China, welcome to Telestone Technology's second quarter 2012 conference call. Present today at Telestone Technology's Chairman CEO, Mr. Han Daqing; Chief Financial Officer, Mr. Xiaoli Yu, and Mr. Jun Man, Manager of the Office of the Board of Directors.

Before I turn the call over to Man Jun, I would like to remind our listeners that management's remarks in this call contain forward looking statements, which are subject to risks and uncertainties and management may make additional forward-looking statements in response to your questions.

Therefore the company claims protection for the Safe Harbor for forward-looking statements, that is contained in the Private Securities Litigation Reform Act of 1995. Actual results may differ to those discussed today, with such risks as but not limited to changes in the company's products and sales and marketing strategy, targets of revenues, net income sales WFDS products, international sales accounts receivable and DSOs, and general information detailed from time to time in the company's filing and futre filings with the united states securities and exchange commission.

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