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ATA Creativity Global (AACG) CEO Kevin Ma on Q2 2022 Results - Earnings Call Transcript

Aug. 13, 2022 5:14 PM ETATA Creativity Global (AACG)
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ATA Creativity Global (NASDAQ:AACG) Q2 2022 Earnings Conference Call August 11, 2022 9:00 PM ET

Company Participants

Alice Zhang - Equity Group

Ruobai Sima - CFO

Kevin Ma - Co-Founder, Chairman & CEO

Jun Zhang - President and Director

Operator

Greetings, and welcome to the ATA Creativity Global's Second Quarter 2022 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Alice Zhang of the Equity Group. Please proceed.

Alice Zhang

Thank you, Hector, and hello, everyone. Thank you for joining us. The press release announcing ATA Creativity Global or ACG's results for the second quarter and 6 months ended June 30, 2022, is available at the IR section of the company's website. at www.atai.net.cn. As part of this conference call, the company has an accompanying slide presentation available on its website. A replay of this broadcast would also be available at ACG's website for the next 90 days.

Before we get started, I would like to remind everyone that this conference call and any accompanying information discussed in contain certain forward-looking statements within the meaning of the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terms such as anticipate, believe, could, estimate, expect, forecast, future, intent, look forward to, outlook, plan, should, will and similar terms and include, among other things, statements regarding ACG's future growth and results of operations; ACG's plans for mergers and acquisitions generally; ACG's growth strategy, anticipated growth prospects and subsequent business activities, market meant for and market acceptance and competitiveness of ACG's portfolio training programs and other education services. The impact of the COVID-19 pandemic on ACG and its operations and ACG's plan and anticipated benefits of the measures implemented in response to the COVID-19 in pandemic.

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