We are grateful that history has endowed JIAODUN with opportunities. Along with another round of world-wide economic transformation and the transfer of the manufacturing industry from the developed countries to the developing ones, JIAODUN was born. Today we are one of the best-known faucet manufacturers in China.

China's accession into the WTO, coupled with the trend of economic globalization, presents both challenges and opportunities to all corporations. We must carry on and further expand our successful attributes –fairness and honesty, custermer-orientation, responsibility to the whole society, and respect to the emploees.

History has proved that further development always sesults in reform and innoration. Only by ceaseless reform and innoration can we maintain the corporate vitality, seize opportunities, and help us overcome potential crisis to create greater prosperity.

Let us pass on the drive of reform and innovation to every member of our corporation and use our youth and sweat to build up our bright future by achieving the common goal--the creation of a world-class faucet manufacturer. This is also the duty entrusted on us by history.