Yingde Gases is one of the largest independent industrial gas suppliers in the PRC. Our principal activities are to produce, supply and distribute a variety of gas products, primarily including oxygen, nitrogen and argon. As at the end of 2009, our Group had 21 production facilities in operation, with a total installed oxygen capacity of 424,300 Nm3/hr, with individual facility ranged from 6,500-60,000 Nm3/h. During the year 2009, our Group sold 5,667 million Nm3 of industrial gas in aggregate, representing a year-on-year growth of 60.2%. With a further increase in capacity, our total installed capacity is expected to reach 938,800 Nm3/hr in 2011.

After years of continued development and with our professional management guidance, we currently possess a stable and quality customer base and have an established professional reputation in the industrial gas industry. We provide on-site services such as design, construction and operation of gas production facilities on or in close proximity to our on-site customers' premises, in order to ensure the reliability and stability of gas supplies to such customers.

Based on the research information in the SAI Report, we were the largest domestic independent industrial gas supplier specializing in on-site gas supply in China in terms of total revenue as at 31 December 2009.