Zheng Jin: October 2013 marks exactly the third anniversary of Liugong Group's entry into OVM, and also the end of the term of the third board of directors, supervisory board, and senior management team. Therefore, in accordance with national laws and regulations on companies and in a manner conducive to OVM's future development, we carried out a normal leadership transition. The transition was very smooth and successful, mainly thanks to the strong support of all shareholders, especially Liugong Group as the major shareholder. We are very grateful to all shareholders. The success of this transition lies mainly in the reform at the board level. In accordance with the requirements of the modern enterprise system and the relevant systems for listed companies, we introduced three independent directors to form the new board of directors and established four board committees composed mainly of independent directors, namely the strategy, investment, human resources and compensation incentive, and audit committees.

    This transition and reform are of great significance to OVM. First, it fully reflects the great confidence of the major shareholder Liugong Group in OVM's future development, because the three independent directors introduced can greatly help OVM's development through both their influence in the industry and their professional expertise. Second, it fully demonstrates that OVM is a company that is proactive and highly responsible. The introduction of independent directors will greatly improve the company's governance structure, further enhance the independence, fairness, transparency, and objectivity of corporate governance, raise the level of corporate governance, decision-making, and oversight efficiency, effectively accelerate the company's development, and maximize the protection and enhancement of the company's value and shareholders' interests. Third, it will accelerate OVM's transformation and upgrading and the realization of its strategic goals, because this transition will certainly bring many new things and changes, and these changes will promote internal reform and management improvement at OVM.

    Reporter: OVM's achievements are summarized by people as benefiting from the outstanding wisdom of you and your team. Over the past three years, under the leadership of you and the company's management team, what major changes has OVM undergone and what important results has it achieved?

    Zheng Jin: Actually, OVM cannot yet be described with the word "achievements"; it has only made relatively great progress and gains. These advances and gains were made by all OVM people through hard work, wisdom, unity, and struggle, and of course also with the strong support of our customers and cooperative partners. Over the past three years, with the full support of the company's shareholders, the board of directors, supervisory board, and senior management team have indeed devoted a great deal of effort and sweat to OVM's development. The directors have been diligent and responsible and have made scientific decisions; the supervisors have carefully supervised and actively fulfilled their duties; and the senior management team has shown passion and enterprise. Everyone has united sincerely to form a strong synergy, leading all employees to face difficulties directly and actively meet challenges, calmly respond to the complex and ever-changing economic environment and market competition, and continuously improve the company's competitiveness. Major changes have taken place in many aspects, and some important results worthy of congratulation have been achieved, mainly in the company's strategic transformation, technology research and development, marketing, internationalization, operations, brand, and culture. Over the past three years, the company's sales revenue grew against the trend, with an average growth rate of nearly 40%, and profit and return on net assets also continued to rise, which was not easy at all. At the same time, in the technical field we also made breakthroughs in many projects, such as observatory technology, LNG technology, and vibration reduction technology, reaching world-leading levels. We applied for 35 invention patents and obtained 23 authorizations, making the company's leading position in the prestressing field even more solid.

    Reporter: After the new management team takes office, what plans and goals do you have for the next three years?

    Zheng Jin: Over the past three years we have laid a relatively good foundation. Therefore, in the next three years we will build on this foundation, challenge better and higher goals, and accelerate the realization of OVM's strategy. The overall plan is to strive over the next three years to become a domestically leading and internationally renowned provider of system solutions in prestressing and related fields, and to achieve a victorious leap from the 12th Five-Year Plan to the 13th Five-Year Plan. The connotation of this leap is reflected in three aspects: first, to build another OVM, meaning that by 2016 we will achieve sales revenue of more than 2.5 billion yuan; second, to strive for the company's successful entry into the capital market, further enhancing OVM's strength through the capital market and building the most valuable company; third, to accelerate the company's internationalization process and strive for international market sales revenue to account for more than 25% of total revenue by 2016.

    Reporter: Today, China is in a critical period of industrial transformation and upgrading and accelerated development. Achieving the grand goal of turning the equipment manufacturing industry from large to strong is the historical mission we shoulder. Prestressing is an indispensable part of China's building materials industry and is playing an increasingly important role. As an industry leader, what goals and dreams does OVM have for the development of China's prestressing industry? How will it create greater value and contribute its strength to realizing the great Chinese Dream?

    Zheng Jin: For more than 40 years, OVM has focused on the development of the prestressing field. Starting from replacing imports in the 1990s, OVM's technologies and products have been widely used in major Chinese projects and have continuously gone abroad to be applied in projects around the world, creating many miracles on earth and making outstanding contributions to China and the world. In future development, OVM will closely focus on this critical period of industrial transformation and upgrading, continue to shoulder the responsibility of promoting better development in the prestressing field, and drive the transformation and upgrading of prestressing technology, products, and services. We will not only continue in-depth research and development in prestressing technology, but also transform our development model and business model, extending from today's supplier of prestressing-related materials and products to all links such as design and R&D, product manufacturing, engineering construction, quality inspection, and consulting services, and transforming into a provider of overall solutions. In this way, we will provide customers with a higher level of prestressing system value and become their most trusted partner for system solutions. Through transformation and upgrading, we will ensure that OVM continues to maintain an absolutely leading position in China's prestressing field and can compete on the same stage with international giants, realize OVM's goal of becoming a world-class Chinese brand, and contribute OVM's strength to realizing the great Chinese Dream!