The opening ceremony of Ningbo Ningshing Kinhil Radiator Co. Ltd was held in the new factory of Ningshing Kinhil on the morning of April 28, 2007 with flowers in bloom and flags aflutter. Distinguished guests including leaders from municipal government departments, and representatives from financial sectors and business partners were invited to the ceremony. They were Beilun people’s congress standing committee director Wang Yinze, Beilun politics committee chairman Liu Xinhua, Beilun people’s government deputy head of the district Shen Endong, Ningbo Foreign Trade and Economic Cooperation Administration deputy director Li Xinhua, Ningbo Securities Regulatory Administration deputy director Tang Qingrong, Beilun Customs and Excise’s deputy commissioner Zhang Zhibin.

Mr. Cen Guohui First, Chairman of Ningshing Kinhil made a welcome speech and expressed warm greetings and grateful thanks to all the leaders and guests.

Mr.Wu Yigang Chairman of Ningshing Holdings, gave a speech and noted that the Snitaryaware and heating equipments were one of the leading export products with an annual volume up to USD 100 million ranking No1 in Zhejiang Province. It played an important role in the development of foreign business. The establishment of Ningshing Kinhil was to meet the needs of further change the increase methods of foreign trade and attain the strategic plans of Ningshing Holdings. Mr Wu hoped all the employees to catch every opportunity, work hard, take full advantage of industrial and commercial base, try to conform with international level, create product and company brands, and make contributions to the further development of foreign trade and export-oriented economy.

Beilun people’s government deputy head of the district Shen Endong expressed warm congratulations on the behalf of Beilun people’s government. He hoped that Ningshing Kinhil would make more contribution for the economic development of Ningbo city and Beilun area. Ningbo Foreign Trade and Economic Cooperation Administration deputy director Li Xinhua attended the ceremony and gave a speech. He expressed best wishes for the development of Ningshing Kinhil. He hoped the company would create good product brands, treat customers sincerely, and have glorious achievements in the near future.

Finally, wirh all the salutes firing and all the fireworks angingwhen, Beilun people’s congress standing committee director Wang Yinze and Ningshing Holdings chairman Wu Yigang uncovered the tablet together.

The establishment of Ningshing Kinhil was a strategic measure to change mode of export business in the long run. It was important to promote the integration of the industry and trade, develop the industry, and further improve the competitiveness of international trade.