Sunlands Technology Group (STG) Q2 2023 Earnings Call Transcript

Sunlands Technology Group (NYSE:STG) Q2 2023 Earnings Call Transcript August 16, 2023 3:30 AM ET

Company Participants

Yuhua Ye – Investor Relations

Tongbo Liu – Chief Executive Officer

Hangyu Li – Financial Controller

Conference Call Participants


Ladies and gentlemen, thank you for standing by, and welcome to Sunlands Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. Today’s conference call is being recorded.

I will now turn the call over to your host today, Yuhua, Sunlands’, IR representatives. Please go ahead.

Yuhua Ye

Hello, everyone, and thank you for joining Sunlands’ Second Quarter 2023 Earnings Conference Call. The company’s financial and operating results were issued in our press release via Newswire services earlier today and are posted online. You can download the earnings press release and sign up for our distribution list by visiting our IR website. Participants on today’s call will be our CEO, Mr. Tongbo Liu; and our financial representative, Mr. Hangyu Li.

I will first read the prepared remarks on behalf of Tongbo and then Hangyu will discuss the financials in more detail. Following the prepared remarks, Tongbo and Hangyu will be available for the Q&A session.

Before we begin, I’d like to remind you of Sunlands’ safe harbor statement in relation to today’s call. Except for the historical information contained herein, certain of the matters discussed in this conference call are forward-looking statements. These statements are based on current trends, estimates and projections, and therefore, you should not place undue reliance on them.

Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. For more information about the potential risks and uncertainties, please refer to the company’s filings with the Securities and Exchange Commission.

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