Gaotu Techedu Inc (LTS:0A7G)
$ 2.25 0 (0%) Market Cap: 605.30 Mil Enterprise Value: 354.17 Mil PE Ratio: 0 PB Ratio: 2.02 GF Score: 72/100
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Q1 2021 GSX Techedu Inc Earnings Call Transcript

May 26, 2021 / 12:00PM GMT
Release Date Price: $18.47 (-8.81%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the GSX Techedu Inc. First Quarter 2021 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded on Wednesday, May 26, 2021.

I would now like to hand the conference over to your first speaker today, Ms. Sandy Qin, IR Director of GOTU. Thank you. Please go ahead.

Sandy Qin
GSX Techedu Inc. - Senior Manager of IR

Thank you, operator. Hello, everyone, and thank you for joining us today. GOTU's earnings release was distributed earlier and is available on the company's IR website at ir.gotu.cn.

On the call with me are Mr. Larry Chen, GOTU's Founder, Chairman and Chief Executive Officer; and Ms. Shannon Shen, Chief Financial Officer. Larry will give a general overview, and then Shannon will discuss the financials. Following the prepared remarks, Larry and Shannon will be available to answer your questions. I will translate for Larry.

Before we begin, I'd like to remind you that this conference call contains forward-looking statements as

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