2013 was a bumper year, a year with constant good news. After experiencing a sluggish state of hydropower market, all colleagues in our company held hands together, with dauntless spirit, we never give up, took down a number of projects in the hydropower market. Though we're now still in transition from the hydropower equipment Division, we won't be afraid of taking challenges and risks on the scientific researching road. In December 2013, the company's horizontal axis pitch tidal current energy project from prototype design finalized project won the first place in the National Oceanic special, which marked a solid step forward to ocean energy generation.