Youdao, Inc. (DAO)
Q4 2019 Earnings Conference Call
February 26, 2020 8:00 PM ET
Company Participants
Pei Du – Investor Relations Director
Feng Zhou – Chief Executive Officer
Peng Su – Vice President-Strategy and Capital Markets
Yongwei Li – Vice President-Finance
Lei Jin – Vice President-Operations
Conference Call Participants
Mark Li – Citi
Sheng Zhong – Morgan Stanley
Alex Xie – Crédit Suisse
Thomas Chong – Jefferies
Presentation
Operator
Good day and welcome to the Youdao 2019 Fourth Quarter and Fiscal Year Earnings Conference Call. Today's conference is being recorded. At this time, I would