Over the course of his 25-year career, Simon has had an enduring impact on Chun Yip and a driving force on our international business, helping to build our global markets and establish Company's international clientele. He exemplifies the best of our Company: a tireless devotion to client service, to excellence, and to the development of our people.

Mr. Tang's position as Head of Sales and Export was succeeded by Ms. Jannie Cheng who joined Chun Yip mid April 2006.

As our business environment is becoming increasingly complex and competitive as we expand into new markets and regions around the world, Management of Chun Yip will continue to coordinate efforts across the Company to ensure we exceed the needs and expectations of our valuable customers. We will continue to bring our experience and judgment to the policy and strategic decisions of the Company to ensure we continuously improve to help our customers achieve their goal in the most cost effective way.

Chun Yip is participating in 2008 Canton Fair. Please visit us at the fair between 10.24-10.28 and 11.02-11.06.

Mr. YK Yung is a torchbearer in Beijing 2008 Olympic torch relay (Cont.)

Mr. YK Yung is a torchbearer in Beijing 2008 Olympic torch relay

K 2007 International Trade Fair, Düesseldorf, Germany

Chinaplas 2007, Guangzhou, China

Tendence Lifestyle 2006, Frankfurt, Germany

38th Anniversary Dinner at the Grand Ballroom of the Intercontinental Hotel, HK

Unveiling of our new headquarters on 1 August 2006

Retirement of Mr. Simon Tang (Head of Sales and Export Department, Senior Member of the Board of Director)

Public Release of HKPBMA

NPE 2006, Chicago, IL USA

Chinaplas 2006, Shanghai, China

Jannie Cheng joined Chun Yip Plastics Limited as Head of Sales and Export