Earnings Call Excerpt
Ninetowns (NINE)
Q4 2005 Earnings Conference Call
February 27th 2006, 6:00 PM.
Executives:
Shuang Wang, Chief Executive Officer
Tommy Fork, Chief Financial Officer
Eric Ho, Chief Strategy Officer.
Analysts:
David Riedel of Riedel Research.
Joseph Vafi of Jeffries & Company
Chang Qiu of Forun Technology Inc.
Andy Nahas, Prospect Funds
Chris Therman, Morgan Stanley
Presentation:
Operator
Ladies and gentlemen thank you for standing by. Welcome to Fourth Quarter 2005 Ninetowns Digital World Trade Holdings Earnings Conference Call. My name is Liz and I will be your coordinator for today. At this time all participants are in listen only mode. We will however be facilitating a question and answer session towards the end of this conference. If at anytime during the call you require assistance please may key "*" followed by "0" and a coordinator will be happy to assist you. I would now to turn the call over to your host for today's presentation Ms. Lisa Zheng, please go ahead.
Lisa Zheng, Investor relations
Thank you, operator. I would like to welcome everyone to Ninetowns' Fourth Quarter 2005 Results Conference Call. With me today are, Mr. Shuang Wang, Chief Executive Officer; Mr. Tommy Fork, Chief Financial Officer; and Mr. Eric Ho, Chief Strategy Officer. After our presentation, we will have time for any questions. Before we begin the formal remarks, participants are advised that this conference call will include statements about future events and expectations, which are forward-looking statements. All forward-looking statements involve risks and uncertainties and actual results may differ materially from those discussed in or implied by such forward-looking statements. These forward-looking statements speak only as of the date of this presentation and while we may update some statements from time-to-time, we assume no duty to update them to reflect new changing or unanticipated events or circumstances and you should not rely on such forward-looking statements.
In particular, the Company expects to confirm risks such as (1) the entrance of additional competing software products into the Company’s marketplace; (2) the need for Company, to reevaluate the change its operating models; and (3) potential further encouragement by PRC Inspections Administration of the development of software products that may be competitively the Company’s existing software products All or any of which, may negatively and significantly affect the Company’s ability to generate total net revenue in the future.
Before turning the call over to our chief strategy officer, I’d like you to know that the reference in this call to dollars refer to amounts in US dollars, and also to announce that Ninetowns plans to attend Deutsche Bank Access China Conference in Beijing on March 2nd. For a complete list of investor-related activities, please visit our English website at www.ninetowns.com/english. Also our English website you can access PowerPoint presentation in PDF format which we will refer to during the later part of our conf call today. I would now like to turn the call over to our Chief Strategy Officer, Eric. Please go ahead.
- To read the full transcript on Seeking Alpha, click here »
