Half Year 2020 Li Ning Co Ltd Earnings Call (Chinese, English) Transcript

Aug 14, 2020 / 01:00AM GMT
Operator

[Interpreted] Investors, good morning. Welcome to Li Ning's 2020 Interim Results Presentation. This meeting is conducted in the form of webcast and conference call, and you will be able to read the PPTs or the webcast as well. And we offer simultaneous interpretation as well as the floor channel for your choice. And the information will be uploaded to the Investor Relations section of Li Ning's website. Let me introduce to you our management. Mr. Li Ning, Chairman and Executive Director; and joint CFO, Mr. Tsang. First of all, Mr. Tsang, CFO, will go through a financial overview. After that, Mr. Li Ning will talk about the strategic direction. And then our joint CEO will go through the growth in profits. After that, there will be Q&A.

Now may I pass the floor to management.

Wah-Fung Tsang - Li Ning Company Limited - CFO

Welcome, everyone. First off, I want to highlight the fact that all discussions we're going to have in this presentation exclude the impact of the one-off nonoperating income in the amount of CNY 234 million recorded

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