In line with the superior’s work arrangements regarding “new products, new equipment, and new services”, our company actively responded to the call of “building a strong industrial province”. In 2014, we made efforts to enhance the company’s development capabilities for new products (new technologies), promote the industrialization of new products (new technologies), improve product quality, and increase the overall efficiency of the enterprise, achieving certain results and performance. On September 29, 2014, as announced in the document (Zhejiang Kefa Ji [2014] No. 157) issued by the Zhejiang Provincial Department of Science and Technology, our company’s new product, the “New Mechanical Gear – shifting Control Console for Cranes”, was honorably listed on the relevant list.