The Group's strategy has always been for growth through the development and refinement of production technologies and the effective marketing of its products through progressive but prudent expansion of its production capacities and sales network, and working with existing and new customers in the development of products that not only meet market demands, but in anticipation of demands.

Our plan is to develop our corn based polyol chemical business into another high value-added core business, and to secure a leading position in the world market for this product. Preparation for the construction of the first phase of a corn refinery, is already underway in order to provide a sufficient supply of raw materials for future expansion of our polyol chemical production.

As an industry leader in terms of production scale, product offering and operational efficiency, the Group will continue to give its products full play, foster its market penetration and consolidate its leading position in the industry. To cope with the challenges presented by rising energy and transportation costs, the Group will further optimise the production processes, improve the effectiveness of the utilisation of raw materials and energy and enhance our energy saving technology in order to maintain the Group's competitive strength.