At beginning of June, 2011 Mr. Yuanquan He, General manager of Horizon Group, joins the Delegation organized by Beijing Federation of Industry & Commerce to visit Hungary and Poland. The delegation investigates the trade center of Chinese brand products and GD Chinese town of Warsaw. In Budapest, the delegation and ChinaCham Hungary Hungarian-Chinese Chamber of Economy jointly hold the signing ceremony. Mr. Hongliang Wang, the commercial counsellor of Hungarian Embassy of China, meets the all members of the delegation.

　　During visiting period, Mr. Yuanquan He visits the managing partners of the lawyer firms and accounting firms of Hungary and Poland respectively and has formed the cooperative intent with theses firm initially. All these visits play a good foundation for Horizon Group to explore its international business. We believe Horizon Group will expand its business into Europe in the near future.