Rise Education Cayman Ltd (REDU) Q4 2019 Earnings Conference Call March 12, 2020 8:00 PM ET Company Participants Mei Li - Senior IR Director Lihong Wang - CEO & Chairwoman Jiandong Lu - CFO, COO & Director Conference Call Participants Sheng Zhong - Morgan Stanley Alex Xie - Crédit Suisse Alex Liu - China Renaissance Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the RISE Education Fourth Quarter and Full Year 2019 Earnings Conference Call. [Operator Instructions]. Please ...