Gaotu Techedu Inc (NYSE:GOTU)
$ 2.38 0.03 (1.28%) Market Cap: 605.30 Mil Enterprise Value: 354.16 Mil PE Ratio: 0 PB Ratio: 2.07 GF Score: 72/100

GSX Techedu Inc to Address Market Concerns Conference Call Transcript

Apr 09, 2020 / 11:00AM GMT
Release Date Price: $33.16 (+8.83%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the GSX Techedu Investor Conference Call. (Operator Instructions) Please note, this event is being recorded.

On today's call, we have with us, Mr. Larry Chen, Chairman and CEO of GSX; Ms. Shannon Shen, Chief Financial Officer; and Ms. Sandy Qin, IR Senior Manager. Shannon will give -- will first give her prepared remarks.

I would now like to turn the conference over to your first speaker today, Ms. Shannon Shen. Thank you. Please go ahead.

Nan Shen
GSX Techedu Inc. - CFO

Thank you all for joining us in such a short notice. This is Shannon, GSX' CFO. Recently, we have noticed that certain ADR companies listed in U.S. disclosed internal fraud and some stocks were frequently attacked by short sellers. We believe every company is an independent entity with its unique culture, value, strategy and operations. As a public company, we are accountable to deliver the value we created to investors when the faith in the market is weak. We hereby voluntarily share more concrete information

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