Looking back on the past, we are fullof passion. East China people overcome various pressures and difficulties brought about by the country'smacro- control,face the dificulties, seize the opportunity, and have achieved an impressive performance of 120 milion yuan in product sales revenue, andcontinue to maintain the domestic leading position. Forefront of reducer companies Huadong brand reducers have been awarded the title of " JiangsuFamous Brand:the company has officialy become a "member unit of China Heay Machinery Industry Association"; and has been designated as "QualityReliable Brand" by"China Qualityinspection Association" Looking forward to the new year we will continue to selize the opportunities, take the intiative tomeet the challenges, actively solve the problems. vigorously adhere to the brand strateBy and unwaveringly, and strive to make East China a well-knownbrand in China. We willcontinue to strengthen our own strength through the construction of East China's "Brand Project'",transforming from competition insize and quantity into competition in brand and quality, and fom a company-wide nurturing brand by strength, developing the brand by innovation,supporting the brand by integrity. and relying on employes Maintain a unified understanding of the brand. and make the company's brand reach the goal of a well-known brand in China within one to twa years.

Hundreds of hammers are stil tenacious, and the fire buming is casual. We will continue to increase technology investment, comprehensivelyenhancetechnologicalinnovation capabilities, and strive to maintain the company's sustainable development and core competitiveness. We willcontinue toadvance corporate reforms, system reforms,and managment system improvements implementa scientific development concept, and focus on modernenterprises. The establishment of system goals continuously improves and improves various management levels.We are contident thatunderthe guidance of the companys pary committee and management. reying on the courage and wsdom of managers at allevels,relying on the unity and hard work of allcadres and employes, we wl break through allkinds of dificuties and obstacles and move towards newand greater success..Itis believed thatin the new year, a new East China who is among the powerhouses of China's speed reducer wll be presented to the Chinese. Let us brave the current and create greater glory in the new year!

General Manager of Jiangsu Huadong Reducer

Mr. Zhao Hanyong, a star entrepreneur from Jiangsu Province