A joint-stock limited company, we are mainly engaged in the conducting of international trade, logistics, real estate development and management, and industrial investment. Holding registered capital exceeding USD36,000,000, we have been listed on the Shanghai Stock Exchange since 1998. With our total trade volume worth USD690,000,000 in 2002, this figure represents an increase of 11 percent over our turnover in 2001. We are now dealing in such items as mechanical and electronic products, textiles, light industrial products, arts and crafts, hardware, minerals, chemicals, medical and health care equipment, cereals and oils. Commended as being among the