Operation of Zhejiang Dongfang Group Co., Ltd.

In 2009, although the global economic situation gradually came out of the trough and began to pick up, the impact of the international financial crisis on the real economy continued under the stimulation of the continuous implementation of supporting policies by governments around the world. The situation of insufficient global market demand still existed, market competition further intensified, and the company's operating environment encountered unprecedented difficulties and challenges. Under the leadership of the board of directors, the management and all employees of the company worked hard to overcome difficulties and exceeded the business objectives set by the board of directors at the beginning of the year to ensure that the company continued to maintain a good development momentum. In 2009, the company achieved sales revenue of 425 1 100 million yuan, of which the total import and export volume was 544 million dollars (according to customs statistics), the total profit was 280 million yuan, up 40% compared with 2008, and the net profit attributable to the parent company was 205 million yuan, up 431kloc-0/%compared with 2008.