On July 20, Mr. Yung Kin Cheung Michael, the chief executive officer of the Group, and Mr. Lu Gong Shan, the general manager of the tooling factory, attended on behalf of the Company the assessment and interview of “2016 Hong Kong Award for Industries: Upgrading and Transformation “organized by the Hong Kong Young Industrialists Council.

“Hong Kong Award for Industries: Upgrading and Transformation” is an award to recognize the enterprises engaged in industrial business, which continue to develop and expand the market by effective transforming their core businesses. The enterprises are able to develop its scopes and direction in terms of upgrading and transformation clearly, draft overall plan, execute practicably, make adjustment as and when appropriate, and reward with achievement in stages to be a pioneer and model among the peers. There were a total of 13 enterprises engaging in different industries from toys, circuit boards, bedding products, freight, and molds, took part in the interview. Mr Lu Gong Shan, on behalf of our Company, introduced the transformation of TK from a traditional molds and plastic injection molding factory in the past to a one-stop plastic injection solutions provider of business logistics values with enhanced marketing, projects management, technical projects, and supply chain management, and its achievements, to the panel. The introduction was well-received by the panel, and we were admitted to the next round of assessment and interview.