In December 2007, with the deadline for pre-registration under the European Chemicals Agency's (ECHA) REACH approaching within a year, we initiated the pre-registration process for our relevant products within the European Union system. Although the implementation of the REACH system brought some inconveniences to our business, we view it as an opportunity to demonstrate the credibility of our products. We believe that we can provide environmentally friendly products for our European customers. All company products are expected to be formally registered before the deadline in 2018.
