This is andy from ningbo powerway materialise Co., Ltd, I am very glad to contact with you. And I would like to report the news about our development for mtl these year to you.

As is known to you, right now we are the largest EDM wire manufacturer around the world with annual production capacity 12000 tons. From 2013 till February 2014, we' ve installed totally 32 Japan saikawa style totally automatic fine wire drawing machines and the monthly production capacity could reach 500 tons. In the attachment, you could see our newly built workshop which is extremely clean and neat and is much better to ensure products quality. In 2014 and 2015, we plan to input more to add another 32 Japan saikawa style fine wire drawing machines. And our plan is by 2018, we will go to stock market in hongkong.

For electroplating, we've purchased one Italian otomec brand continuous electroplating production line, which is the most advanced continuous electroplating equipment in the world. You know, the famous franch producer thermocompact(the biggest partner for gfac to provide coated wire), their electroplating equipment also from otomec. And our machine is the new generation from otomec, which has been newly designed to ensure best quality with stable performance. By the end of this month, the machine will be delivered to our company and in next month we will start production on this new machine after installation and debugging.