From 7th-9th July, our company held our semi-annual meeting in Ningbo. In the meeting, each line manager
made report of half-year working performance of each production line. Totally, our sales turnover reached
200 million Yuan, more than double of same period last year. In the meeting, The president affirmed our
progress. Meanwhile, he also pointed out the inadquacies we have now and gave direction on what we should
focus in the next half year. After meeting, our strategic partner of Renishaw and KND also made related
training.