In May, 2016, in order to expend our business, we also opened a new branch office in Qingdao, a beautiful and charming coastal city and can provide better service for our local projects. Up to now, all the decoration works have be completed and the new office can be in use. The newly built office is located in Qingdao Laoshan Area —— an area featuring tourist industry and hi-tech industry, which provides regional resource advantages for it. And the location in Celebrity International is strong in transportation and commercial development. All of these factors above brings delightful tendency for our new development.