Ladies and gentlemen, it is a great pleasure to have you all to this party to celebrate the inauguration¹ of our new company president, Mr. Cheng-En Lin.

I Would like to give a brief profile of Mr. Lin for those of you who do not know him well. Mr. Lin graduated from Tsinghua University in 1980. Right after graduation he started working for our company in the sales department. Between 1983-1995, he visited and lived in six different foreign countries including the United States, Canada, Australia, and New Zealand, to develop our overseas market. Upon returning from abroad, he began to assume the position of executive² manager of the sales department and has remained in that position until the appointment to the president this time.

He is very aggressive in business, but at the same time, a good husband and a caring father of three children.

Ladies and gentlemen, our new president, Mr. Cheng-En Lin !