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Bitauto Holdings Ltd (BITA) CEO Andy Zhang on Q1 2020 Results - Earnings Call Transcript

Jun. 12, 2020 1:42 PM ETBitauto Holdings Limited (BITA)
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Bitauto Holdings Ltd (NYSE:BITA) Q1 2020 Results Earnings Conference Call June 12, 2020 8:00 AM ET

Company Participants

Andy Zhang - Chief Executive Officer and Director

Ming Xu - Chief Financial Officer

Xiaoke Liu - President

Nick Hu - Financial Controller, Yixin

Conference Call Participants

Eddy Wang - Morgan Stanley

Binbin Ding - JPMorgan

Zhenyang Chen - CICC


Hello and thank you for standing by for Bitauto's First Quarter 2020 Earnings Conference Call. At this time, all participants are in listen-only mode. After the management's prepared remarks, there will be a question-and-answer session. And today's conference is being recorded. If you have any objections, you may disconnect at this time.

I'd now like to turn the meeting over to your host for today's conference.

Unidentified Company Representative

Thank you. Welcome to Bitauto's first quarter 2020 earnings conference call. Speakers from the company today are Mr. Andy Zhang, CEO; Mr. Xiaoke Liu, President; and Mr. Ming Xu, CFO. After management's prepared remarks, Andy, Xiaoke and Ming will be available to answer your questions. In addition, Mr. Jiang Dong and Nick Hu, President and Financial Controller of Yixin, will be available to answer your questions related to Yixin.

Before we proceed, please note that discussions today will contain forward-looking statements made under the Safe Harbor provisions of the U.S. Private Securities and Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Potential risks and uncertainties include, but are not limited to, those outlined in our public filings with the SEC, including Registration Statement on Form F-1. Bitauto does not undertake any obligations to update any forward-looking statement, except as required under applicable law.

This call will include discussions of certain unaudited non-GAAP financial measures. Please refer

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