Yintech Investment Holdings Limited (NASDAQ:YIN) Q3 2019 Earnings Conference Call - Final Transcript
Dec 02, 2019 • 08:00 am ET
Hello, and welcome to the Q3 2019 Yintech Investment Holdings Limited Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
I would now like to turn the conference over to Yvonne Young. Please go ahead, ma'am.
Thank you, and welcome to Yintech third quarter 2019 earnings conference call. Our earnings release was released earlier today and is now available on our IR website.
On the call today from Yintech are Mr. Wenbin Chen, Chairman and CEO; and Mr. Raphael Qian, our CFO; and myself, Investor Relations Director. Mr. Chen will review our business operations and company highlights, followed by Mr. Qian who will go over the financials and the guidance, we will all be available to answer your questions during the Q&A session that follows. Questions can be asked in English or Chinese. If you ask your question in Chinese, please translate into English yourself afterwards, or I may help to do the translation.
Before beginning, we would like to remind you that discussions during this call contain forward-looking statements made under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements are subject to risks, uncertainties and factors that may cause the actual results to differ materially from those contained in any such statements. Further information regarding potential risks, uncertainties and factors is included in Yintech's filings with the U.S. Securities and Exchange Commission. Yintech does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
During the call today, we will be referring to several non-GAAP financial measures as supplemental measures to review and assess our operating performance. These non-GAAP financial measures are not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with the U.S. GAAP. For information about these non-GAAP measures and reconciliation to GAAP measures, please refer to our earnings press release.
I will now turn the call over to Mr. Wenbin Chen. Mr. Chen will give his remarks in Mandarin. I would translate for him. Mr. Chen, please.
Thank you, Yvonne, and hello everyone. Thanks for joining today's call. We are pleased to see the strategy we adopted to leverage the synergies we have viewed among our five core product lines continued to yield positive results and techniques we employ in managing our business under this strategy. In particular, maintaining our structural flexibility in terms of personnel and resources deployments and organizational agility in accordance with market conditions and demand change from our clients, approved to work perfectly well.
In third quarter, we continue to capitalize on positive market dynamics, especially spot gold trading to make the most for our clients and the company, has positioned us to drive strong business and financial growth.
We delivered the strongest quarterly results since our business transformation in the second quarter of 2017 in terms of both top line and bottom line growth. Our revenue reached a two-year