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Since the establishment of ECCO, we have experienced the burgeoning growth and development of Hong Kong and Asia, adoption of open door policy in China, the sovereignty of Hong Kong to China, and various global and regional economic cycles. The company's management was aware of the possible impacts and opportunities due to technological leaps, amendments to regulations and laws changes in market structures and had made a commitment to offer our customers quality products reliable solutions and advance technologies. At ECCO, we have been closely monitoring the changes in the market, so as to maintain our position at the foremost frontier in terms of technologies marketing and corporate strategies. From time to time, we will review our product portfolio, develop new markets and adjust our strategy to meet new challenges and increasingly sophisticated requirements of our customers.