Perfect World's CEO Discusses Q2 2011 Results - Earnings Call Transcript

Perfect World Co., Ltd. (PWRD) Q2 2011 Earnings Conference Call August 22, 2011 10:00 PM ET

Executives

Vivien Wang – VP, IR and Corporate Communications
Michael Chi – Chairman and CEO
Kelvin Lau – CFO

Analysts

Timothy Chan – Morgan Stanley
Mark Marostica – Piper Jaffray
Wendy Huang – RBS
Andy Yeung – Oppenheimer
Jialong Shi – CLSA
Nick Ning – ROTH Capital
Chao Wang – Merrill Lynch
Vincent Sun – Mirae Asset
Wallace Cheung – Credit Suisse
Nan Lee – SIG
Atul Bagga – ThinkEquity

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Perfect World second quarter 2011 earnings call.

At this time, all participants are in a listen-only mode. There will be a presentation, followed by a question-and-answer session (Operator Instructions). I must advise you that this conference is being recorded today, Tuesday, the 23^rd of August, 2011.

I'd now like to hand the conference over to your first speaker today, Ms. Vivien Wang, VP, Investor Relations and Corporate Communications. Please go ahead, ma’am.

Vivien Wang

Thank you, operator, and thank you, everyone for joining us today for Perfect World second quarter 2011 earnings release conference call.

We distributed our unaudited earnings release earlier today. You may find a copy of the press release on our official website or through the Newswire.

Today, you will hear from Mr. Michael Chi, our Chairman and CEO, who will give us a brief introduction and overview. Mr. Kelvin Lau, our CFO, will then discuss some of our latest business and operational developments and take us through our financial performance in the second quarter’s 2011. Following the prepared remarks, Mr. Chi, Mr. Lau and I will be available to answer your questions.

Before we continue, please note that the discussion today will contain forward-looking statements made under the