In accordance with the Credit Rating Specifications for Credit Market and Interbank Bond Market issued by the People's Bank of China, through comprehensive evaluation covering the enterprise’s basic quality, economic strength, debt repayment capacity, operating benefits and development prospects, the company was awarded an AAA credit rating for the year 2010.

Our company attaches importance not only to product research and development, but also to intellectual property and intangible asset development.

Recently, according to Document No. Guo Ke Fa Ji [2011] 62 jointly issued by the Ministry of Science and Technology and the Ministry of Finance, the project of "High Pressure Differential, Low Noise and High Precision Intelligent Control Valve" of Zhejiang Yongsheng Instrument Co., Ltd. has been included in the first batch of Technology-based SME Technology Innovation Fund projects for 2011.

Recently, Zhejiang Yongsheng Instrument Co., Ltd. was recognized as a "2010 Zhejiang Growth-oriented SME" and awarded the title of "2009 Hangzhou Most Growth-oriented Small and Medium-sized Industrial Enterprise", according to the Zhejiang SME Bureau, Hangzhou Economic Commission and Hangzhou Finance Bureau.

Fuyang Yongsheng Fluid Machinery Co., Ltd., invested and established by Zhejiang Yongsheng Instrument Co., Ltd. with over 30 million yuan, has been officially put into production on June 30, 2010 after two years of construction.

Recently, according to the document (Hang Jing Zhong Xiao [2010] No.264) issued by Hangzhou Economic Commission, Zhejiang Yongsheng Instrument Co., Ltd. has been re-recognized as a Key Cultivated Growth-oriented Enterprise of Hangzhou for 2010.

Recently, relevant leaders from the Science and Technology Bureau and Dean Dai from the School of Computer Science, Hangzhou Dianzi University visited our company to inspect the informatization construction work.

Recently, the People’s Government of Fuyang City issued a notice commending advanced enterprises and industrial zones for building harmonious labor relations. Our company has been awarded the title of 2009 Fuyang Advanced Enterprise for Building Harmonious Labor Relations.

Yongsheng Instrument has been committed to the development and implementation of the enterprise informatization platform.

Led by General Manager Zhang Yongliang, under the auspices of the company's R&D center and with the support of all production departments, our company spent two years developing the "YSIQ10 Series Intelligent Control Valve".

Recently, in accordance with the provisions of the Measures for the Recognition and Administration of Zhejiang Provincial Industrial and Commercial Enterprise Credit Grade "Contract-abiding and Credit-worthy" Units, the evaluation was conducted through credit software assessment, consultation with relevant departments, on-site inspections and assessments, and public announcement.

On December 29, the project person-in-charge from an Indian company visited our company for inspection.