In the new century, following the strategy of "taking development as the first task" Huayi (Group) Company will grasp the opportunity provided by economic globalization and the new development period of Shanghai to carry out the Company's development plan by two steps, namely, fundamentally changing the appearance of Huayi by 2005 and thoroughly changing the appearance of Huayi by 2010. Reformations in the Company will be realized at higher levels, and new industries of clean energy source, new material, fine chemicals, fluorine-containing chemicals and biomedicine will be built up at an early date. The Shanghai Chemical Industry District located at the coast of Hangzhou Gulf will be constructed with all our might for the purpose of developing petrochemical products through deep processing. The renovation of the Wujing and Wusong chemical bases will be accelerated so as to comprehensively demonstrate a new image of the Shanghai chemical industry.

Encouraged by the exciting target of constructing a superior enterprise group, Huayi will go steadily along a new route of industrialization, raising comprehensively the economical operation quality and core competitive power of the group, constantly strengthening foreign cooperation and scientific and technological innovation, striving hard for the coordinate development of Huayi and the resource environment, and participating actively and successfully in the competition of global market.

Looking back our journey, we feel full of confidence; looking forward to our future, we are filled of pride and enthusiasm. We firmly believe that Huayi will show its brilliance tomorrow, and cordially invite friends from every circle and guests at home and from abroad to join us in founding a beautiful future of Huayi.

President：Zhou Bo