Sisi Zhao | Director, Investor Relations |
Stephen Yang | Executive President and Chief Financial Officer |
Felix Liu | UBS |
Mark Li | Citi |
Candis Chan | Daiwa |
Tian Hou | T.H. Capital |
Sheng Zhong | Morgan Stanley |
Alex Xie | Credit Suisse |
DS Kim | J.P. Morgan |
Lucy Yu | Bank of America Merrill Lynch |
Jessie Xu | Nomura |
Christine Cho | Goldman Sachs |
Good evening and thank you for standing by for New Oriental’s FY 2021 Third Quarter Results Earnings Conference Call. At this time, all participants are in a listen-only mode. After managements' 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.