1.PROFILE President:YAMASHITA KAZUNORI General Manager: KINOSHITA AKIRA Number of employees: 180 Business Scope: Production, sales and after-sale services of hydraulic excavators Capital: USD 28.7 million Investors: Japan Kobelco Construction Machinery Group Co., Ltd. (Japan): 50.67% Japan Toyota Tsusho Corporation: 27.28% China Chengdu Jialixing Investment Co., Ltd.: 22.05% 2.BUSINESS PHILOSOPHY Being a strong and well-disciplined company 3.HISTORY December 30, 2003: Hangzhou Kobelco Construction Machinery Co., Ltd. was established and registered. January 17, 2005: Hangzhou Kobelco Plant, covering an area of 140,000㎡, possessing the newest equipment of 30,000㎡ and with annual productivity of 3,500 hydraulic excavators, was successfully completed. April 6, 2005: Hangzhou Kobelco’s first excavator formally rolled off the assembly line. June 16, 2005: Hangzhou Kobelco’s first excavator was sold formally.