nterplex Electronic Hangzhou Co.,Ltd. was founded in 1996 as a wholly owned group subsidiary, in small rented quarters. An immediate Training and Technology transfer program was put in place, with engineers and technicians from the U.S. and Europe, assigned to Hangzhou for local training, as well as having additional Chinese personnel assigned to Europe and the U.S. for continuity of training Scotland for training. This technology transfer is continuously ongoing on a two way basis, now that Interplex Electronic (Hangzhou) Co., Ltd. fully engineers, designs and builds its own tooling and product.

In October 2000, we moved into our newly built plant on 20,000 square meters of beautifully landscaped property in the Hangzhou Economic and Technology Zone. This consisted of approximately 14,300 square meters of factory and office space, as well as a 2,200 square meter modern dormitory and dining hall. The company's registered capital is US$6,500,000, and total investment is anticipated to be US$16,200,000.

Our group philosophy also applies to Interplex Electronic Hangzhou. Additionally as a new and rapidly developing company, we try to

• Understand what the customer wants;

• Anticipate the customer's needs;

• Fulfill all the customer's expectations.

Our solar product department focuses on the development, manufacture and sale of the Solar Warning Light products. At present, we have developed many types of solar powered warning light applied in traffic warning, big building, highway, bridge and street, telecommunication tower, and so on. Now, most of the products are mainly exported to Europe and America, such products as Maverick, D-Lite, Bar, Cyclop, Beacon, and etc., which are compliant with the standard of EU.