It is learned from Document No. Zhe Gong Shang Tong [2012] 9 that our company has been recognized as a Zhejiang AAA Credit Enterprise for "Honoring Contracts and Valuing Commitments".

Recently, according to the official notice issued by Zhejiang Administration for Industry and Commerce, our company’s "Yongsheng" trademark has been recognized as Zhejiang Famous Trademark. This marks another milestone in the company’s brand strategy and plays a vital role in our future development.

In accordance with the *Opinions of the Hangzhou Municipal People’s Government on Accelerating the Informatization of Industrial Enterprises* (Hang Zheng〔2003〕No.4) and the circular issuing the Measures for the Identification and Administration of Hangzhou Informatization Application Demonstration and Pilot Enterprises

In recent years, the company has continuously strengthened and improved its practices in talent recruitment, training, deployment and retention. The Human Resources Department was established by separating from the former Administrative Office, enabling more refined and standardized personnel management.

Yesterday afternoon, members of the Standing Committee of the Municipal Party Committee and CPPCC members visited our company to offer work guidance. General Manager Zhang Yongliang and Executive Deputy General Manager Ba Rongming hosted the reception.

On July 7, 2012, Iranian customers visited our company to conduct acceptance inspection for products under a project order.

Since the establishment of its High-tech R&D Center in April 2006, Zhejiang Yongsheng Instrument Co., Ltd. has invested RMB 4 to 5 million annually in developing new products and improving the performance of existing products.

Zhejiang Yongsheng Instrument Awarded the Honorary Title of "2011 Excellent Growing Enterprise"

On November 1, 2011, in accordance with the provisions of the *Measures for Science and Technology Awards of Fuyang City*, upon enterprise application, review by the municipal evaluation committee, public notice via media and approval by the municipal government, our company’s new smart pneumatic diaphragm control valve (YSIQ10 Series smart control valve) was awarded the Third Prize of Fuyang Science and Technology Progress Award for 2008–2010.

In October 2008, the company obtained the certificate of National Key Supported High-tech Enterprise. Over the years, adhering to its corporate culture, the company has strived to create value in the high-tech sector.

From September 28 to 30, 2011, the 2011 Zhejiang SME "Famous, High-quality and Innovative" Products Expo was held at Hangzhou Peace International Convention & Exhibition Center.

Upon approval by the General Administration of Quality Supervision, Inspection and Quarantine of the People’s Republic of China, the company has obtained the Special Equipment Manufacturing License of the People’s Republic of China (Pressure Pipeline Components) (License No.: TS2710E49-2015), effective from August 5, 2011.