The signing ceremony for Phase-II EPC Project of Kao (Shanghai) Chemical Industries Co., Ltd. was grandly held at the Company's head office on January 16. Xu Datong, President of the Company and Tanaka Toshio, the General Manager of Kao (Shanghai) Chemical Industries Co., Ltd. attended the ceremony and signed the contract on behalf of their own companies. Xue Jiangying, Director and General Manager of Morimatsu Group, a strategic partner of the Company was present at the ceremony.

Phase-II Project of Kao (Shanghai) Chemical Industries Co., Ltd. is developed to manufacture various surfactant products. Since this EPC project deals with daily-use chemical industry and Japan-funded enterprise, it is considered a milestone for the growth of the Company, and is expected to lay a solid foundation for the extension and intensification of Haisum's projects in future. Furthermore, the present cooperation with internationally well-known enterprise will help the Company continue to develop the international market.

At the signing ceremony, President Xu Datong expressed his thanks to Kao Group for its trust on Haisum, and required the project team to give full play to Haisum's professional superiorities during project implementation in a cautious and conscientious manner so as to redound upon the owner.

General Manager Tanaka Toshio had a high opinion of the preliminary work done by Haisum's project team, and he believed that the Kao Project will be successfully completed in view of Haisum's expertise and excellent management.

General Manager Xue Jiangying of Morimatsu Group gave a speech to express his hope to consolidate the friendly cooperative relationship between the three parties through the present cooperation.