Karen Gu | Investor Relations |
Lihong Wang | Chairwoman & Chief Executive Officer |
Jiandong Lu | Chief Financial Officer |
Sheng Zhong | Morgan Stanley |
Howard Yang | Credit Suisse |
Ladies and gentlemen, thank you for standing by, and welcome to RISE Education Third Quarter 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. I’d now like to hand the conference over to your first speaker today, Ms.