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2005
 
In July 2005, to enhance the competitiveness of Suzhou Sunrise and Suzhou Zhongxinglian, we established Wuxi Ruite, a 82.0% owned subsidiary in Wuxi City, Jiangsu Province to carry on the business of providing electroplating services for precision metal parts to customers in the vicinity of Suzhou City and Wuxi City. With this subsidiary, we are able to provide a comprehensive and integrated range of products and services to our customers.
 
      In May 2005, Ningbo Sunrise was certified by Sony Corporation as one of its “Green Partner” under its “Green Partner Environmental Quality Approval Programme.  
      In February 2005, we established Hongkong Sunrise to liaise and trade with our customers and suppliers who are represented by their agents or sales offices in Hong Kong.  
      In January 2005, Sumitomo Corporation Equity Asia Limited (HK) became a shareholder of our Company.  
      We entered into a “Plastic Injection and Painting Technology Assistant Agreement” with Uehara Nameplate Ind. Co., Ltd. in March 2005 to expand our range of services for automotive manufacturers.  
 
2004
  We entered into a “Plastic Plating Technology Assistance Agreement” with Uehara Nameplate Ind. Co., Ltd., a Japan-based company to acquire advanced technology for electroplating of plastic parts.  
      In December 2004, we entered into a “Precision Injection Molding Transfer Agreement” with Meiho Co. Ltd, a Japan-based company, and Hong Kong Meiho Co. Ltd to acquire advanced technology for precision injection moulding.  
      Our Company issued Redeemable Convertible Loan Stocks of S$7.0 million to Asean China Investment Fund L.P., Aventures 1 Pte Ltd and Prospect Investment Pte Ltd.  
      On 17 May 2004, our Company was incorporated.  
      In April 2004, we established Suzhou Zhongxinglian to further tap into opportunities in the consumer electronics and telecommunication industries in the Yangtze River Delta region, Suzhou Zhongxinglian manufactures and assembles precision metal stamped and precision plastic injection moulded parts, such as connectors and components for mobile telephones. These products require higher precision and thus employ more sophisticated tooling, equipment and manufacturing capabilities.  
      We entered into a joint venture with Nissin Parts Co., Ltd to set up Suzhou Sunrise, our associated company. Suzhou Sunrise is able to produce precision zinc alloy and aluminum alloy die-cast parts for use in electronic and telecommunication equipment.  
      We began supply component parts for office automation equipment to Konica Minolta Business Technologies Manufacturing (HK) Ltd.  
      Began providing electroplating services for plastic parts used in automobiles manufactured by Dongfeng Honda Automobile Co., Ltd and Dongfeng Nissan Automobile Co., Ltd.  
 
2003
  In November 2003, Donguan Zhongxing was certified by Sony Corporation as one of its “Green Partner” under its “Green Partner Environmental Quality Approval Programme.  
      We saw the market opportunity for the automotive industry and believed that by leveraging on our know-how in precision tooling and surface treatment, we were able to further expand our businesses. As such, in 2003, we obtained QS 9000:March 1998 certification so that we could provide electroplating services for exterior automobile plastic parts such as logos, plates and grilles to the automotive industry.  
 
2001
  In September 2001, we established Dongguan Zhongxing to tap into the business opportunity in the Pearl River Delta region and enable us to respond quickly and effectively to customers located in this region.  
      We were awarded the ISO 9001:2000 certification in 2003 by BSI Management Systems.  
      In December 2001, we established Ningbo Sunrise to manufacture and sell metal and plastic parts for audio and video products.  
 
2000
  Recognizing the manufacturing efficiencies and competitive advantage of automated assembly, we set up an assembly automation team to design, develop and build automated assembly machines.  
 
1999
  Started to utilize progressive stamping techniques in our production process which enabled us to increase our production volume, maintain consistency of and improve the quality of our products and reduce rejection rates.  
 
1998
  Awarded the ISO 9002 certification by the China Quality Certification Centre.  
      Acquired and installed electroplating equipment to provide plating for electronic tuner parts we manufactured.  
 
1997
  Received orders from Sumitomo Corporation (Shanghai) Ltd for electronic tuner components used in the products of Sanyo (Japan). Sanyo (Japan) was the first MNC to use our products and it subsequently became our customer.  
      Acquired mould fabrication equipment such as wire-cutting machines and milling machines, advanced metal stamping machines and plastic injection moulding machines, imported from Japan and Taiwan. This was our first effort to develop our core competencies in precision engineering technology.  
 
1996
  In December 1996, Nngbo Weite (later known as Ningbo Zhongjun) was incorporated to manufacture and sell metal and plastic parts for audio and video products.  
      Our CEO, Zhang Zhongliang, established Cixi Zhongxing (later known as Zhejiang Zhongxing) as a limited company with a registered capital of RMB 3.0 million.  

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