Half Year 2020 China Oilfield Services Ltd Earnings Call (Chinese, English) Transcript

Aug 27, 2020 / 02:00AM GMT
Yanyan Wu - China Oilfield Services Limited - Company Secretary

[Interpreted] Good morning, everyone. I am Wu Yanyan, the Board Secretary. Welcome to our virtual interim results announcement for the year 2020. We have to skip the face-to-face meeting, but to move it online. Thank you very much for your understanding and support.

The interim results was published last night. Due to the pandemic and low oil price in the market, the oil service sector has been facing with serious challenges. However, we have managed to deliver even better performance than before. We have received great attention and support from all of you while we grow our business. So the Board and the management will be happy to have more interactions with you today.

So before we start, shall I introduce the management to you? They are Mr. Qi Meisheng, the Chairman and Executive Director and CEO; Mr. Zhao Shunqiang, President; and Mr. Zheng Yonggang, our CFO; and me, myself, the Board Secretary.

So I would like to invite Mr. Zheng Yonggang, our CFO, to walk you through our business performance. Mr. Zheng,

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