Since the beginning of the new era, CITIC Dicastal Wheel Manufacturing Co., Ltd (hereinafter referred to as CITIC Dicastal) has grown for ten years, along with the rapid development of Chinese automobile industry. As the first aluminum alloy wheel manufacturer in Chinese mainland and a national auto part export base, CITIC Dicastal not only enters the purchasing platform of the world –class car manufacturers successfully, but also produce high quality, light weight wheels through self-developed technology to meet the global demand for energy conservation and environmental protection, entering the phase of synchronous development together with the car manufacturers. In the industrial structure, CITIC Dicastal actively expands business scope. The successful acquisition of German KSM Foundry Group helps CITIC Dicastal to become one of the world's largest aluminum part manufacturer from the world's largest single aluminum wheel manufacturer.
Looking back upon the development of CITIC Dicatal, we have achieved good performance in the past 23 years, using our own strength and wisdom and conquering many obstacles and difficulties. Looking to the future, in the period of the twelfth 5- year when science and development are recognized as the theme, we will continue adhering to "cohesion, integration, innovation, win-win" business philosophy, implement human resources focusing strategy, strengthen the building of enterprise culture to promote business development, speed up the process of internationalization and improve management efficiency. At the end of year 2011, CITIC Dicastal will successfully leap to the platform of 30,000,000 pieces production of one year, achieve 10 billion Chinese RMB in sales. We feel confident that in the near future, CITIC Dicastal will successfully enter the globally top 100 auto part enterprises and achieve a leap-forward development.
Facing challenges, we continue to progress; looking to the future, we are confident. CITIC Dicastal needs your attention and we feel appreciated for your sincere support and help. We will produce much more qualified products and service to the society and make larger contributions to the society.