On the afternoon of December 12, 2007, the Industrial and Commercial Bank of China Co., Ltd. Ningbo Branch and our company held a signing ceremony for the comprehensive cooperation of banks and enterprises in the Sheraton Donggang Hotel, aiming at giving full play to the promotion of international trade by major banks and large enterprises. Promote the leading role in the development of an open economy. According to the agreement, the ICBC Ningbo Branch will provide strong financial services to the cooperative enterprises, and the company will also take ICBC Ningbo Branch as the main partner of various financial businesses based on the principle of honesty and credit. The establishment of this strategic partnership has consolidated and enhanced the long-term friendly cooperative relationship between Ningbo Industrial and Commercial Bank and Zhejiang Grand Imp. & Exp. Co., Ltd., opening a new win-win for the common development of both banks and enterprises, and will certainly help us Zhejiang Grand Imp. & Exp. Co., Ltd. Further enhance the overall strength and core competitiveness of the company.