June, 22, Tongwei Co., Ltd. held the management teleconference of 2010 Sunshine Racing Action. A summing-up report of the first five months operation of this year was given. Board Chairman, Mr. Liu Hanyuan, Board Chairman of Supervisors, Mr. Chen Xingyu, Mr. Yan Baoquan, Group Vice President, Mr. Hu Rongzhu, Marketing Director and Vice President, Mr. Liu Zhiquan, as well as all the Tongwei staff attended the conference.

Mr. Liu Hanyuan gave a keynote speech. He gave important instructions on this year’s Sunshine Racing Action, analyzed current business situation, and made proposals for solutions and countermeasures with an emphasis on corporate speed, efficiency and development for the final achievement of this year’s objectives. Also at the conference, Marketing Manager Mr. Hong Rui made a report of Tongwei Co., Ltd.’s business operation from January to May. He introduced this year’s sales situation and industry environment, and further put forward specific requirements for this year’s Sunshine Racing Action. Mr. Yuan Shihua, CFO of Tongwei Co., Ltd. gave a briefing of the company’s financial position and profitability for the first five months of this year.