NEW YEAR GREETING

Happy New Year!

As the new year begins and everything takes on a new and fresh look, I feel very delighted, on behalf of the Muyang Group, to extend our most sincere appreciation and best wishes to all friends, overseas agents and customers in particular, who have given us unswerving supports and great concern for many years. Thank you so much! On this occasion of global celebration, I’d like to wish all of you, friends both old and new, good health, fine business and a happy family.

The year of 2010 has been a very unusual and uncommon one for all Muyang people. In 2010, with your concern and help, we have gained satisfying achievements in all aspects. The sales revenue is about to exceed 3 billion RMB, thanks to our ambition of “To become a technological front-runner worldwide in machinery manufacturing and engineering services” and the “Internationalization” strategy. So far, Muyang have established oversea offices in 15 countries such as Russia, Brazil, India and etc. to bring ourselves closer to customers and localize our marketing, technological and after-sales services. We have successfully held over 10 technical seminars in America, Iran, Vietnam and so on, and participated in more than 30 international exhibitions. Muyang is now active in over 80 countries including America, Canada, Australia, Japan and so on. Six of the world’s top ten feed manufacturers have been sharing a good cooperative relationship with us.

Dear friends, the Muyang Sci-tech Industrial Park, which will cover 500 mu (33.3 ha) and be an investment of 1.05 billion RMB, will begin construction in 2011. The park is designed to be a state-of-the-art production and experiment complex for biomass equipment, agricultural machinery, intelligent machinery and food machinery. Once built, it will become the most modern production base for grain and food machines in the world.

Dear friends, 2011 is going to be the “Year of Standardization and Systematization” for Muyang. We will continue to carry out the internationalization strategy and the strategy of major customers and adhere to the mission of “Creating value for the customers and realizing what the employees dream of” and to provide more professional and effective services for our customers. It is estimated that in 2011 the number of Muyang oversea offices will be up to 40 and the order will exceed 5 billion RMB. Following the successful establishment of R&D institute in Nanjing, another R&D institute will be built in Europe. As then, the integrated Yangzhou, Nanjing and European R&D platform will contribute to Muyang’s growing into a leading feed machinery manufacturer in the world.

Dear friends, we will go on to take the spirit of “Let’s go ahead together” into the new year and will create a splendid future hand in hand with you all.

Finally, wish you a happy new year once again!