Earnings Call Excerpt
Here’s the entire text of the prepared remarks from China Finance Online’s (ticker: JRJC) Q3 2005 conference call. The Q&A is here. We recognize that this transcript may contain inaccuracies - if you find any, please post a comment below and we’ll incorporate your corrections. And please note: this conference call transcript is a Seeking Alpha product, so feel free to link to it but reproduction is not permitted without the explicit permission of Seeking Alpha.
Executives:
Jing Wu, Investor Relations
Zhao Zhiwei, Chief Executive Officer
Zhongshan Qian, President and Chief Financial OfficerAnalyst:
Youssef Squali, Jeffries & Co.
Hyun Chung Li, JP Morgan Hong Kong
Jeffrey Keith, USAPresentation
Operator
Thank you for holding, and welcome to China Finance Online’s Third Quarter Earnings Release. At this time all participant lines are in listen-only mode. The presentation will be followed by a question and answer session. Any instruction will be informed at that time. I would now like to turn the conference over to your host, Ms. Jing Wu, of China Finance Online. Thank you, Ms. Wu.
Jing Wu, China Finance Online Investor Relations
All right. Thank you, Operator. Welcome everyone to China Finance Online’s Third Quarter 2005 Conference Call. Today, with me in the conference are Mr. Zhao Zhiwei, our CEO, and Mr. Zhongshan Qian, our President and CFO. After the market closed today, the company issued a press release containing the financial results for the third quarter 2005. The purpose of this conference call is to provide its investors (ph) with further detailed information regarding financial results. Following the formal remarks, we’ll be happy to take any questions you might have.
Before we begin, it is my duty to remind you that, during today’s conference call, we might be making forward-looking statements. This announcement contains forward-looking statements. These statements are made under the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995. Statements that are not historical fact, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections and, therefore, you should not place undue reliance on them. Forward-looking statements involve inherent risk and uncertainty. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statements.
Potential risks and uncertainties include, but are not limited to, China Finance Online's historical and possible future losses, limited operating history, uncertain regulatory landscape in the People’s Republic of China, fluctuations in quarterly operating results, failure to successfully compete against new and existing competitors, and the company's reliance on China Finance Online's reliance on relationships with Chinese stock exchanges and raw data providers. Further information regarding these and other risks is included in China Finance Online's annual report on Form 20-F for the year ended December 31, 2004, and other filings with the Securities and Exchange Commission. China Finance Online does not undertake any obligation to update any forward-looking statements, except as required under applicable law.
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