Retax adjustment of optical fiber cable and other products

In March 27, 2009, the Ministry of Finance and the State Administration of Taxation jointly issued the notice on improving the rate of export tax refund for goods such as light textile and electronic information, which was implemented since April 1, 2009. Our company's fiber optic cable products are also adjusted in this tax rebate, from the previous 14% to 17%, which is extremely favorable to the export trade of optical cable at the present stage.