This year's chance more than the pressure and challenges. Relative for last year, our current business early is beyond the total for all of last year, and said to the challenge, I think a lot of people and my experience is all about. This year's main challenge we feel from three aspects: one is the state's financial policy. 2 it is the industry itself. Since the financial crisis, the state frequently tightening their lending.Small and medium-sized enterprise funds. Cause our customers are small and medium enterprises collection many difficulties in previous years. Bank loans and tighten. Customer payment extension procrastination, bank loans increased difficulty, portfolio is actually relatively double last year's growth. This let yourself in the circulation industry we, was under a lot of pressure funds. Second, the earthquake Japan this year undoubtedly struck IC industry.Excessive price fluctuation in the earthquake. Part of the supply delivery stretched, break goods phenomenon also let us and customers are deeply passive and helpless. Third, the directory with foreign distributors of the domestic market value and investment began to see by results, the manufacturer of a terminal of the global market control level, distributors, traditional small batch purchasing advantage began to decline. This is also the whole distributors counterparts must face a major challenge.
 

    Facing the challenge of new this year we have been actively deal with, on the one hand, constantly expand financing channels. Positive collection and change the business model, speed up the capital operation speed and improve the utilization rate of funds. To ease the growing tension cash flow. On the other hand also expand in purchasing area, efforts to find new reliable supplier, in order to increase the supply source.At the same time also actively the factory, collect stay material inventory information to industry customer inventory, increase the end user of the goods between the circulation. For some customers are in urgent need of terminal of the materials, we are actively original contact, increase transparency and original, the enterprises to improve our capacity is nervous with the priority and shorten delivery the goods time.We will also according to market changes to assist customers preparation, enhance distributor in the industry chain "reservoir" role. In response to the changing market.
 

     And we also in constant learning and collect some industry knowledge and improve business team of professional degrees, to recommend to clients can use alternative material. In the face of these difficulties, our customer oriented, hope to confront the, be with economic recovery through. Facing the challenge of foreign directory type distributors on one hand we active narrowing profit space, regulate improve service levels.In order to increase customer trust, on the other hand, is also in constant transformation, mixed distributors to change of roles. Active increase and foreign manufacturers and two three lines of IC manufacturers domestic contact, go the way of the difference competitions.
 

     We also continue to improve supplier evaluation system and quality control system, and try to be provided for each sum of the goods all is the source of goods can be traced. We hope that through and the trade of colleagues working together to slowly, and set up the Chinese IC industry credit image.Do a trustworthy supplier, light promise, heavy commitments. Strive to become Chinese IC spot market credibility benchmarking enterprise, it is not only our 2011 core value of the enterprise and goal, which is we always stick to the standards of conduct.
 

    May many dealers will be said of our unique solutions and services will provide small batch purchasing and for single service. But really can do it, really want to do is rare. Our unique is said to the others, we did it. Now as long as is customer demand, even if it is 10 yuan order. Even if it is a small capacitance resistance, we will too seriously, with the fastest speed to have shipped.

    In the past time close to a year. We are amplifier and perfect our small batch purchasing and with this single functional advantages. At present we are doing a faces the domestic a terminal purchasing platform. This platform based on our strong customer groups and upstream primary source.At the same time sharing some of the large in OEM factory inventory information, believe that once roll out, upstream suppliers and downstream end customers communication will be more unobstructed. The factory spare enter circulation stock market way more convenient, will also reduce the end customers purchase the difficulty and purchasing cost.