Serena Xue | IR, Manager |
Yanlai Shi | Co-Founder, Director and CEO |
Hao Gu | CFO |
Elsie Sheng | Morgan Stanley |
Hello, ladies and gentlemen, thank you for standing by for the RYB Education, Inc.'s Third Quarter 2020 Earnings Conference Call. At this time all participants are in a listen-only mode. After management's prepared remarks there will be a question-and-answer session. Today’s conference call is being recorded. I will now like turn the conference over to your host, Serena, Investor Relations Manager for the Company.