Longjianglong Auto Parts Fasteners Manufacturing Co., Ltd. is a joint venture invested by three parties from China Mainland, Taiwan and Brazil, with the registered capital totaling 12,000,000 USD. 80% of our sales are from foreign market share, mainly from US and European market. Currently, we have had long-term cooperative agreements with several big suppliers of fasteners like Brazil CISER Company; while in the home market, we mainly provide complete services for some interrelated enterprises of machining and manufacturers of auto parts. Our company has passed the Environmental Assessment and Audit and has got the ISO/TS16949 Quality System Certification. In the following years, we will go on strengthening our sales force in order to create our own brands. The total investment for our 80,000-ton Fasteners Project is 720,000,000 RMB, among which 270,000,000 RMB has been invested to the first project. After our planned production reaches the actual capacity, our annual production value is about 2,500,000,000 RMB and the revenue is 330,000,000 RMB.