LDK Solar's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Jun. 26, 2012 2:19 PM ETLDK Solar Co., Ltd. (LDK)
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LDK Solar Co., Ltd. (NYSE:LDK) Q1 2012 Earnings Conference Call June 26, 2012 8:00 AM ET


Xiaofeng Peng – Chairman and CEO

Jack Lai - CFO and EVP

Xingxue Tong - COO and President

Dr. Yuepeng Wan - Chief Technology Officer

Ellen Davis – The Blueshirt Group, IR


Edwin Mok - Needham & Company

Karen Tai - Piper Jaffray & Co.

Dan Ries - Collins Stewart

Pranab Sarmah - Daiwa Capital Markets

Amy Song - Goldman Sachs Group Inc

Philip Shen - Roth Capital Partners


Good day, ladies and gentlemen. Thank you for standing by and welcome to the LDK Solar Company First Quarter 2012 Earnings Call. At this time, all participants are in a listen-only mode. Following the presentation, the conference will be opened for questions. (Operator Instructions) This conference is being recorded today, Tuesday, June 26, 2012.

I’d now like to turn the conference over to Ms. Ellen Davis from The Blueshirt Group. Go ahead, Ma’am.

Ellen Davis

Thank you. Good morning and thank you for joining us on today’s conference call to discuss LDK Solar’s first quarter 2012 financial results. This call is being broadcast live over the web and can be accessed on the Investor Relations section of LDK Solar’s website at www.ldksolar.com for 90 days.

On today’s call are Xiaofeng Peng, Chairman and Chief Executive Officer; Jack Lai, Chief Financial Officer; Sam Tong, President and Chief Operating Officer; and Dr. Yuepeng Wan, Chief Technology Officer.

Earlier today, LDK Solar issued a press release discussing the results for the first quarter 2012. We also filed the press release on Form 6-K with the U.S. Securities and Exchange Commission. The press release is accessible online at the Company’s website, as well as the SEC’s website.

We would like to remind you that during the

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