Enclosed is the Company's press statement informing the successful commencement of production at GFB Hongli Sdn. Bhd. (“GFB Hongli”), its joint-venture company under the automotive division, AutoV Corporation Sdn. Bhd. (“AutoV”). GFB Hongli specialises in the manufacture and assembly of leaf springs, a key component used in heavy vehicle suspension systems. Further details is in the attachment.