On January 10, our principal shareholder and member of the supervisory board, Mrs. Verena Cordes, officially opened our first production facility outside of Germany. The opening ceremony was held at the Sino-German Innovation Park in Jintan, Jiangsu Province of China. The Venti plant joins a dynamic cluster of other high-end equipment manufacturers at the Sino-German Innovation Park. Commissioning our own fully operational production plant under the supervision of Venti Oelde China is an important milestone in our strategy to directly provide Venti tailor-made solutions to our global customers. As Mrs. Cordes emphasized: "It is our vision for Venti China to make it our gateway to Asia."