IFM's CEO Discusses Q2 2012 Results - Earnings Call Transcript

IFM Investments Limited (CTC)

Q2 2012 Results Earnings Call

August 16, 2012 8:30 AM ET

Executives

Martin Reidy - Brunswick Group, IR

Donald Zhang - Co-Founder, Chairman and CEO

Harry Lu - Co-Founder, Vice Chairman and President

Kevin Wei - Chief Financial Officer

Analysts

Ella Ji - Oppenheimer

Joshua Hwang – Goldman Sachs

Presentation

Operator

Good morning. And thank you for standing by for the Century 21 China Real Estate’s Second Quarter 2012 Earnings Conference Call. At this time, all participants are on listen-only mode. After management's prepared remarks, there will be a question-and-answer session. Today's conference call is being recorded.

I will now turn the call over to your host for today, Martin Reidy.

Martin Reidy

Thank you, everyone, for joining us for Century 21 China Real Estate’s second quarter 2012 earnings call. With us today are Donald Zhang, Co-Founder, Chairman and Chief Executive Officer; Harry Lu, Co-Founder, Vice Chairman and President; and Kevin Wei, the company's Chief Financial Officer.

Before we continue, please allow me to read you IFM Investment's Safe Harbor statement. Some of the statements during this conference call are forward-looking statements made under the Safe Harbor provisions of Section 21E of the Securities Exchange Act of 1934 as amended.

Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. Potential risks and uncertainties include, but are not limited to, those outlined in our public filings with the SEC.

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