Because of the contraction in the economy in China and the sharp dropping in demand of world market, the whole silicone-related industry has experienced a serious crisis. Dongjue Group had also badly suffered from such crisis.

     In the fourth quarter of 2011, the sales volume was 14,388 tons (including 1,520 tons sold outside mainland China, which took up 10.56% of the total), falling by 10.54% compared with the same period of last year. Among the total, there were 3,782 tons of gum and 9,489 tons of silicone compound, declining by 16.25% and 9.32% from a year earlier respectively. While the sales amount of insulating rubber reached 1,117 tons, representing an increasing of 1.27% year on year. Meanwhile, the silicone compound for our downstream silicone rubber appliances production were 553.46 tons, showing a rose of 15.22% from the same quarter of previous year.

     In 2011, the total sales amount of silicone rubber was 52,990 tons ( including 8,417 tons sold outside mainland China, which accounted for 15.88% of the total ), decreased by 4.85% from 55,690 tons in 2010, which had the best sales performance of our group. Among the total sold, there were 13,299 tons of gum and 4,633 tons of insulating rubber, increasing by 1.09% and 6.78% from that of 2010 respectively. While silicone compound sold was 35,058 tons, falling by 8.21%. In 2011, silicone rubber on our own-used for appliances manufacturing has reached 2,235 tons, showing a jump of 20.52%.

     Based on the aims of Thinking Innovation, Technological Innovation, Applications Innovation and Cost Innovation, the year of 2012 should be become a year of more challenges to our group. By accelerating autonomous innovation ability and readjustment and optimization on structure of product, we are full of confidence to reach the annual sales of silicone rubber with over 60,000 tons. We are also sure that the year of 2012 is for Dongjue Group, a flying dragon take-off as well as the year of innovation and efficiency, stability and unity of our group.