China New Borun's (BORN) Management on Q3 2017 Results - Earnings Call Transcript

Nov. 22, 2017 12:12 PM ETChina New Borun Corporation (BORNY)
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China New Borun Corp. (BORN) Q3 2017 Earnings Conference Call November 22, 2017 8:00 AM ET


Terence Chen – Chief Financial Officer


Albert Chan – Prime Capital


Good day, everyone, and welcome to the Third Quarter 2017 Earnings Conference Call for China New Borun Corporation. Today’s conference is being recorded.

Before we get started, I am going to review the Safe Harbor statement regarding today’s conference call. Please note that the discussion today will contain certain forward-looking statements made under the Safe Harbor Provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations.

To understand the factors that could cause results to materially differ from those in the forward-looking statements, please refer to our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 25, 2017. The Company does not assume any obligation to update any forward-looking statements except as required under applicable law.

At this time, I would like to turn the call over to Mr. Terence Chen, Chief Financial Officer of China New Borun Corporation. Please go ahead, sir.

Terence Chen

Thank you, everyone, for joining us for China New Borun’s third quarter 2017 earnings conference call, and Happy Thanksgiving to those in the United States. In light of the holidays in the United States, I will keep this call brief so that everyone can have more time to accommodate their travel plans and celebrate the holidays with family and friends.

In today’s call, I will first provide you with a quick review of our business and industry dynamics as well as details on our operational developments in the third quarter of 2017. Following that, I will discuss financial details. Please note

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