Debbie Ding | Investor Relations |
Joey Wat | Chief Executive Officer |
Andy Yeung | Chief Financial Officer |
Chen Luo | Bank of America |
Lillian Lou | Morgan Stanley |
Michelle Cheng | Goldman Sachs |
Kevin Yin | JPMorgan |
Anne Ling | Jefferies |
Christine Peng | UBS |
Xiaopo Wei | Citigroup |
Ladies and gentlemen, thank you for standing by, and welcome to the Yum China 2020 Second Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.
Following the presentation, there will be a question-and-answer session. [Operator Instructions] I will now hand the conference over to your first speaker today. Thank you, and please go ahead, Debbie.