On January 20, 2011, the chairman of the group yuan renwei personally received visitors from our long-term partners in Japan, fuyong and mihing meibis co., LTD., and the three parties held talks on matters related to the in-depth cooperation of the company. Also present at the meeting were yuan junwei, vice President of the group, xu quanping, chief financial officer of the group, and zhang hui, general manager of gaoco Marketing Department. At the beginning of the meeting, chairman yuan expressed his heartfelt thanks and cordial greetings to fuyong and sanxing for their visit. Subsequently, chairman yuan gave a clear answer to the Japanese side's questions on cooperation. At the meeting, the three parties confirmed the details of the cooperation and held repeated consultations and negotiations on the parts in question. Yuan said the agreement signed by the three parties will take into account the wishes of all parties and achieve win-win results. For this, fuyong, sanxing have expressed agreement and thanks. In addition, the company has held talks with fuyong on the development of self-service refueling machine credit card swiping system and the construction project of kubotian wuxi company, both of which are expected to get further cooperation. After the fair, accompanied by vice President yuan junwei, fuyong and sanxing visited the company's refueling machine assembly workshop. During the visit, the visitors were deeply impressed by the clean environment and visual management of the workshop, and gave high comments and appreciation. The visit of Japan's fuyong and mitsukoshi meibis enabled the three parties to reach a preliminary agreement on in-depth cooperation, and the three parties are very satisfied with the outcome of the negotiation. We sincerely wish this cooperation a smooth and successful conclusion, and sincerely hope that in the future cooperation, all parties can trust each other and make joint efforts for greater success.