On January 13, Chaoda¡¯s annual work meeting was held in Fuzhou, Fujian Province. It focused on execution of the company¡¯s five-year plan in the past years as well as new directions for Chaoda in 2012.

Executive Vice President Chen Junhua summarized the group¡¯s achievements in 2011 in a report entitled: ¡°Focus, cooperation, development, innovation in operations and optimization in management¡±. He noted the progress made by Chaoda during the year despite a harsh operating environment. Business operated well and the company made significant progress in executing its five-year strategic plan. 

In a speech, Chairman Kwok Ho outlined new developments affecting the group, together with new targets for the year. The chairman encouraged Chaoda management and employees to be unified in their pursuit of excellence, and seek new opportunities for growth and innovation.

The meeting was also an occasion to identify and encourage employees and departments with outstanding performance during the year. The Rural Affairs Office of the Fujian Provincial Government commended Chaoda in a congratulatory letter submitted to the assembly.

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