On April 28^th, Xinchai Co., Ltd. held Labor Model Commending Meeting, that is, Mobilization Meeting of Labor Emulation in the staff training center. The leaders such as the Secretary of Party Committee from the Holding Group Co., Ltd., Chairman of the Board, General Manager, President of Trade Union, middle-level cadres, Party Branch Secretary, President of Subset Trade Union and model staff in the company attended the meeting. On the meeting, 12 staff including Wang Yuesheng, Lv Jubo, Chen Zhiyuan, Xu Xiaomei, Yang Xiaodong, Ma Xujun, Pan Yongli, Li Jianwei, Wei Fenggang, Zhang Yueqin, Chen Jinfu and Chen Weidong. The President of Trade Union Shang Pinghe gave a report of mobilizing labor emulation. Secretary of Party Committee from the Holding Group Co., Ltd. Mr. Ding and the Chairman of the Board Mr. Zhang made speeches respectively.

About Xinchai

Zhejiang Xinchai Co., Ltd., a subsidiary company of Zhejiang Xinchai Holding Group Co., Ltd, is a state-level and high-tech enterprise which integrates development and manufacture capability. Our company is listed among China's Machine 500 Enterprises. Our company has built a provincial technical development center and a national postdoctoral work station. There are more than 1500 employees in the company, including more than 400 technicians and experts. Our company is capable of producing 15 thousand diesel engines annually.

We now have a range of more than 6 series of engines such as N85, 90, 92, 95,98, 105(108) engines with 30 basic models and over 200 versions which are mainly used for light trucks, internal-combustion forklifts, tractors, agricultural vehicles, small generators and automobile air conditioners. Our company has attained the ISO9001 quality certification from the National Passenger Car Quality Supervision and Inspection Center. Xinchai engines have gained various awards from the country. 'Xinchai' brand high speed engine has been named among the 'Famous Products of Zhejiang' since the year of 1998. We have long and successful business relationships with more than 60 enterprises covering more than 20 provinces and municipalities in China. Our products stand in the leading position in the domestic market for 1-4 tons internal-combustion forklifts.

Zhejiang Xinchai emphasizes technical creation and strives to combine manufacturing with development. With the help of technical consultation from famous universities and research institutes both domestically and abroad such as Shanghai Internal-Combustion Engine Research Institute, China North Engine Research Institute, Zhejiang University, Tianjing University, Ricard UK Ltd. and Austrian AVL Company, our products have consistently been upgraded and improved. Besides the 490 series engines, we also successfully developed the new 498BT, XC4D27, 4105B series engines featuring high quality and low noise which have been launched production and gained high praise from the customers. Our 490 series engines and 498 series engines meet the emission standards of EPA II and E-mark III which are required for the European and American markets.