The signing of overseas projects in the first quarter achieved a good start

　　Following the explosive growth of CJI's overseas engineering contracting business in 2007, entering the first quarter of 2008, the company's overseas engineering contracting business started well. The value of newly signed overseas engineering project contracts exceeded US$100 million, reaching US$111.75 million, achieving a good start in the newly signed contract value. The East Africa Branch has contracted US$72 million for the National Archives project of Angola. It is the largest single project contract amount undertaken by the company in the Angola market. It is also a national landmark building project with important influence in Angola. Construction of the project is scheduled to start in June 2008, with a total construction period of about 24 months and a building area of 33,000 square meters. Overseas Engineering Branch has newly signed municipal projects such as community roads for infrastructure projects in Botswana, with a total contract value of US$20.7 million and a construction cycle of 24 months. This is another new project after the many infrastructure projects the company has undertaken in Botswana., indicating that the company has accumulated rich experience in general contracting engineering projects in this engineering field and has had a good social impact; During the year, Overseas Engineering Branch won the bid for the municipal project of Sudan's Kazu Development Zone. The newly signed contract amount was US$10 million and the construction period was 10 months. After the completion of this project, it will effectively improve the service level of local municipal facilities and has been highly valued by the local government and society. As Zambia's economy enters a new round of development cycle, Zhongjiang Zambia Branch also reported good news this year. Zambia's Ministry of Internal Affairs won the bid for the police housing project in one fell swoop, with a newly signed project contract value of US$9.05 million. 2008 is the management year of CJI. Since the first quarter, the company's overseas engineering projects have shown a good development trend, and the continued advancement of existing projects has also made gratifying progress. Company leaders particularly emphasized that while actively exploring the overseas engineering business market, it is more important to pay close attention to the quality and safety management of projects under construction, strive to complete the project construction on schedule with high quality and quantity, and create good performance and social reputation of CJI.