Since Hi-Tech Electric Porcelain's overall insulator business was included in the consolidated report for the fourth quarter of 2010, the company's insulator business still showed a growth trend. In fact, 2010 can be confirmed as the low performance of insulators. If taken separately, the net profit of Suzhou Electric Porcelain Factory fell 8.2% year on year, and Hi-Tech Electric Porcelain's net profit level in 2010 fell sharply by 44% compared to 2008. We think there are four reasons: 1. The second is that the sales price of electric porcelain products fell in 2010; third, the price of electric porcelain products fell in 2010; 3. The US dollar exchange rate appreciated rapidly, causing the RMB settlement price of Hi-Tech Electric Porcelain's export products quoted in Euros and US dollars to fall; fourth, the price of liquefied gas rose sharply in 2010, which led to a marked increase in product production costs. Regarding the subsequent development of the company's insulator business, we believe that the increase in investment quotas for UHV, urban distribution networks and agricultural networks, and the acceleration of railway electrification and urban rail transit development will bring new opportunities to the company's insulator business. Facing the new operating environment, the company carried out a four-aspect layout in 2010. One was to build two new ultra-high voltage and UHV AC/DC porcelain insulator production lines, the second was to build a new production base to expand production capacity, and the third was to automate the transformation of existing equipment. Fourth, the company plans to issue shares privately and establish Suzhou Electric Porcelain Factory (Suqian) Co., Ltd. to continue to carry out railway and rail transit porcelain Construction of insulator projects. We expect the insulator business to grow rapidly in the future as the industry heats up and the company's production capacity increases dramatically.