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douslyfrom854,167unitsinyearto1,472,047unitsin.inventoryhasreducedsubstantiallyfrom47daysto22days.ourgroupsalesturnoverhasonceagainbrokenitshighestsaleseverrecorded,achievingusd16,120,174innovember!wehavebeenconsistentlyachievedourmanufacturinggoalsandobjectivesinorderfulfillment,processyield,productivity,lineattrition,inventorycontrolandqualityacceptancerateforthelastcoupleofmonths.wehavenotonlyachievedtheoperationskpissetforyear,ourworkforceandoverallsetuphavebeengrowingtobemorestable,systematicandorganized.significanteffortsandresourcesarealsoinjectedintomoldingandnurturingastrongcorporateculturewithineurotec.sinceseptember,wehavesuccessfullyorganizedseveralcampaignsandactivitiessuchas5-s,safety&health,environment&hygiene,karaokecompetition,basketballtournaments,tug-of-wargame…etc.thesemonthly-activitiesandcampaignshaveattractedtremendousresponseandparticipationfromouremployees.apparently,ourstaffsaredelightedandenthusiasticoftheseinitiativesandlookingforwardtohavemore.amusicbandgroupandabasketballteamwerealsoformedtocreateacorporateidentity.itisalsoevidentthatthesuccessoftheseactivitiesinstillstheconfidenceandloyaltyofourstafftowardsthecompany.staffturnoverhasdroppedfromitshighestpeakat8.20%tothemostrecent3.22%.whileweareimprovingourrecreationandcultureactivities,wedidnotneglectourstaffwelfare.wehavesetupourlibraryandmedicalcentretocatertotheneedsofthegrowingstaffpopulation.wehaveestablishedstaffdevelopmentplanforeveryemployees,ensuringthateachandeveryoneofthemhavearoletoplayandallhaveequalopportunitiestogrowwithinthisdynamicandgrowingorganization.on-jobtrainingandvariousseminarssuchaspersonalsafety,5s,andfirefightingwereheldregularlyaspartofthestaffpersonaldevelopmentprograms.overall,wehaveenhancedthequalityofourstaffinalmosteveryaspect.alltheaboveachievementsdrivinghomeoneveryimportancemessage,andthatis,we,ineurotechaveaccomplishedandtogether,weridethroughaveryfruitfulyearin.wewouldn’tachievethesewithoutthesupportandinvolvementfromouremployees.therefore,iwouldliketotakethisopportunitytothankyouandyourfamilyforyourunreservedsupportandcontributions.thoughwearepleasedwithourselvesofourecellentperformanceinthepastyear,wemustnotlosesightofwhatwemustdointhiscomingyear.yearisgoingtobeapromisingandecitingyearforallofus.whilewemightbehopefulandecitedoverthepromisingfuture,weneedtoremindourselvesconstantlyofthenewchallengesaheadofus.everyemployeewillbegivengreaterresources,chancesandfairopportunitiestodevelopandgrowwiththecompany.thestiffmarketcompetitionisepectedtobefiercerthaneverwiththeincreasedpriceinrawmaterials,laborandlogisticscosts.tostaycompetitiveandsurviveinthismarketplace,wemustkeepouroperatingcostlowwithhigherproductivityandefficiency.lookingbackin,weareproudofwhatwehaveachieved,lookingforwardto,wearefullofconfidenceandeagertofacethenewchallenges.letusworktogetheronceagainasanincredibleteamtostartanewchapterasaproudownerofeurotec.lastly,onbehalfofthemanagement,mayiwishyouandyourfamilyablessednewyearin.thankyou.