Yongxiang starts 2010 annual work report

January 6, Yongxiang Polysilicon started 2010 senior management annual work report. Standing committee member of the CPPCC, board chairman of Tongwei Group, Liu Hanyuan was present and made a keynote speech. Giastar Chairman Tang Guangyao, CFO, Zhuo Yujiao, Yongxiang Polysilicon general manager Feng Dezhi, and Yongxiang general manager Wang Jinhong made up the assessment panel. 17 management members made work presentation. Mr. Liu hoped the company could make greater efforts for scaled development, and tackle the sector s cyclical fluctuation, lower energy consumption to ensure the completion of missions.

On behalf of all the shareholders and board of directors, Liu Hanyuan expressed gratitude to all the staff members for their hard work during the past year. He encouraged all the staff members to work with heart, with wisdom, and with the spirit of seizing every minute, so as to promote the scaled industry with low cost, and really make Yongxiang the world-class polysilicon manufacturer and clean energy company.

Yongxiang management made presentations on the completion of production and operation indicators, project progress, annual management work as well as work planning of 2011.