Xinhaitai Co., Ltd., a wholly-owned subsidiary established by the company in Japan, has been identified as the Yinzhou District Overseas Economic and Trade Liaison Office since May 2010. Recently, there was good news: Xinhaitai Co., Ltd. has been identified as Ningbo Overseas Economic and Trade Liaison Office since September 2011.

　　 Xinhaitai Co., Ltd. will play an active role in collecting information on the Japanese market, cooperation projects, and investment promotion for Ningbo and Yinzhou District.