Soyea Technology Co., Ltd. China (Mainland)

Soyea Technology Co., Ltd. is a listed company (share code 000909) established in 1999. Our company was invested and share held by West-lake Electronics Group Co., Ltd. SOYEA's shareholding equity is 196 million sections and the group company owns 136 million sections of state-owned legal person share. We occupy 69.39% of the shareholding equity. The social public share is 60 million sections and occupies 30.61% of the shareholding equity. In December of 2005, SOYEA completed sub-owned share reformation and became the first listed company that carried out this reformation in Zhejiang Province. After reformation, our group company owns 113.8 million sections and occupies 58.06% of the shareholding equity. Now, our total capital is RMB1.395 billion and the net capital is RMB0.545 billion. SOYEA Technology is based on the main industry of digital electronics information and telecommunication. Our company is mainly engaged in the research, development, sale, consultant and result-transfer of high-tech products of digital AV products, digital (analog) color TV, telecommunication equipment, satellite-broadcasting TV equipment, computer software, network integrated service, intellectual building projects and real-estate. SOYEA Technology has built the modern industry base-SOYEA Technology Information Industrial Park in Hangzhou Economic and Technology Development Zone. The investment of the park was RMB0.1 billion and covers an area of 22,000 square meters. The total constructive area is 50,000 square meters. The first term project owns several high-speed SMT and auto-insertion machines, 6 color TV production lines (including LCD TV), and 2 STB production lines. Our annual production capacity will surpass 2 million digital TVs and large-screen color TVs and 1 million DTV's STB after the park is put into production. SOYEA Technology is our country's high-tech enterprise and has built a state level technology center. We have a team of knowledgeable and experienced technicians, 81 persons of color TV research team and 58 persons of STB. Our company insists on the policy of the combination of self-innovation and foreign import, and develops the market-catered products speedily. In recent years, our company has first developed a large amount of "high" and "perfect" electronic information products of DPTV, HDTV, TFT-LCD rear-projection color TV, TFT-LCD color TV, iDTV, inter-active DTV's STB and others. Their performance is in the lead position of the same products in China and some even reaches the international advanced level. SOYEA Technology regards product quality as the life and perfects the quality warranty and after-sales service system all the time. Recently, our company has passed the evaluation of ISO9001 quality system certification and our color TVs has attained CCC, UL, CE, SAA and CB certifications. The West-Lake brand color TVs are authorized the title of "National Free of Quality Inspection Product" and "Zhejiang Famous Brand Product". Our company has won the honor of "National High Quality Service Company" for many years. Through propaganda and advertisement, the market has developed further more. In 2008, the production volume and sales volume of color TV rapidly increased and reached 810 thousand sets and 800 thousand sets respectively. It is estimated that the production volume and the sales volume will break 1.2 million sets in 2009, and the STB will reach 150,000 sets. Our products sell well in more than 30 cities and autonomous regions all over the country, and are exported to over 20 countries and regions, including Europe, Africa, Southeast Asia and West Asia. "West-Lake" and "SOYEA" are evaluated as "Zhejiang Famous Trademark" and "Zhejiang Famous Firm Trade Name". In future, SOYEA Technology will insist on system innovation. We will try our best to make the four industries of color TV, telecommunication, IT and real-estate to step on shoulder to shoulder.