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17 Education & Technology Group Inc. (YQ) CEO Andy Chang Liu on Q4 2020 Results - Earnings Call Transcript

Mar. 09, 2021 12:06 AM ET17 Education & Technology Group Inc. (YQ)
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17 Education & Technology Group Inc. (NASDAQ:YQ) Q4 2020 Earnings Conference Call March 8, 2021 8:00 PM ET

Corporate Participants

Raymond Huang - Investor Relations Director

Andy Chang Liu - Chief Executive Officer

Michael Chao Du - Chief Financial Officer

Conference Call Participants

Sheng Zhong - Morgan Stanley

Lucy Yu - BoFA Securities

Christine Xu - Goldman Sachs

Manik Mahajan - Freemont capital


Ladies and gentlemen, thank you for standing by. And welcome to the 17h Education & Technology Group Incorporated Fourth Quarter and Fiscal Year 2020 Earnings Conference Call. At this time all participants are in a listen-only mode. There'll be a presentation followed by a question-and-answer session. [Operator Instructions] I might advise you that this conference is being recorded today, Tuesday, 9 March, 2021.

I would now like to hand the conference over to the first speaker today, Mr. Raymond Huang, Investor Relations Director of the Company. Please go ahead.

Raymond Huang

Thank you, operator. Hello, everyone. And thank you for joining us today. 17's tax earnings release was earlier today and it's available on the company's IR Web site. On the call with me today are Mr. Andy Chang Liu, Founder, Chairman and the Chief Executive Officer of 17EdTech and Mr. Michael Chao Du, Director and the Chief Financial Officer of 17EdTech. Andy will walk you through our latest business performance and strategies, followed by Michael who will discuss our financial performance and the guidance. They will be available to answer your questions during the Q&A session after their prepared remarks.

Before we begin, I like to remind you that this conference call contains forward-looking statements as defined in Section 20E of the Security Exchange Act of 1934 and the U.S. Private Securities Litigation Reform Act of 1995. This forward-looking statements are based upon management's current expectations and current

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