 Youdao, Inc. NYSE:DAO Q2 2020 Earnings Conference Call August 13, 2020 06:30 AM ET Company Participants Pei Du - Investor Relations Feng Zhou - CEO Director Peng Su - VP of Strategies Capital Markets Yongwei Li - VP of Finance Senior Financial Controller Conference Call Participants Sheng Zhong - Morgan Stanley Alex Xie - Crédit Suisse Thomas Chong - Jefferies Binnie Wong - HSBC Jessie Xu - Nomura Presentation Operator Good day and welcome to the Youdao 2020 Second Quarter Earnings Conference Call. 