On Jun.5, 2008, Mr. Karl from American Panagon Hydraulic Company along with his personal assistant Peng Gang came to visit us. The American Panagon Hydraulic Company has been a famous manufacturer of all kinds of hydraulic systems for dozens of years.
　　Mr. Karl came to our company with the purpose of discussing the possibility and cooperation ways of using powder metallurgy material for hydraulic parts. The both sides have conducted technology discussion and business negotiation for three hours. 
　　Chairman Mr. Cai has been engaged in powder metallurgy technology for dozens of years. He made some constructive propositions in the aspect of material selection and Mr. Karl was considering to accept the suggestions for this can cut the cost as well as improve some performance of the pump and it is an attempt of the powder metallurgy technology in hydraulic pump industry. The 57-year-old Mr. Karl and the 54-year-old Mr. Cai both were engaged in technology. The meeting was quite harmonious and pragmatic. 
　　Mr. Karl visited the product show room and the workshop and showed strong interest to the automobile oil pump gear rotor and said he would make a set of drawings as soon as possible after going back to United States before coming back to conduct business negotiation with us. (Written by Xiaoxue on Jun.10, 2008)