With a registered capital of RMB 10, 000, 000, Zhejiang Concentrating-Power Import & Export Co., Ltd. was established in 18th Apr, 2006. Zhejiang Concentrating-Power Holdings Co., Ltd. makes contribution of RMB 9, 000, 000, accounting for 90% of total assets, while shareholder and legal representative person Yang Jianxin makes contribution of RMB 1, 000, 000, accounting for 10%. All senior executives used to study abroad, and have worked in this field for several years, therefore, accumulated rich foreign trade experience and resources. Mr. Yang, the legal representative person has been engaged in foreign trade for more than 20 years, and used to work as the General Manager of Zhejiang Orient Holding Co., Ltd., which is one of the greatest influential foreign trade companies in China. Our lines of business include garments, fabric, home textile, PVC, auto parts and decorations, which are exported to East Asia, Europe and America. Zhejiang Concentrating-Power owns several production bases by taking their stakes. It also has a sound and scientific operation system and a group of experienced foreign traders. Zhejiang Concentrating-Power strictly complies with international trade stipulations and national law and regulations in foreign business, and everyone here always carries out the terms of our contract to the letter and stand by what we said. Challenged by China entry to WTO and based on the advanced textile technology and products in Zhejiang Province, Zhejiang Concentrating-Power will spare no efforts to commit itself to the expansion of its export business. Our business is in a good condition, and enjoys a rapid development. With enormous potential, Zhejiang Concentrating-Power is estimated to reach export volume of USD 10, 000, 000 in 2007.</p>