With the change to global economic environment in 2014, SBM went ahead steadily and struck

sure blows in 2014 and focuses on the overall upgrading of R&D, service, hardware and soft culture. It made constant progress on the way to a landmark enterprise in the industry of machinery equipment. Let's review the development of SBM occurred in 2014. 1. Launch of VU System Created a Dry Sand Making Trend in China Forum on Production and Application of SBM (China) Sand Making was held in Shanghai on January 9th. SBM launched the new product, i.e. VU aggregate refined system, and exhibited the innovation integrated concrete top-quality aggregate production solution. /p>

2. Completion of Structure of New Headquarters to Put into Service Gradually The new

headquarters of SBM, which was constructed from February, 2013, is a comprehensive office building integrating the R&D, production and administration. The construction and tendering for decoration of the new headquarters is in process in order. Employees who joined the company in 2014 live in the dormitory building in new headquarters. 3. A Strategy Cooperation Agreement Signed with Siemens to Promote the Operation and Optimum of Supply China In the second half of March, the top management from Siemens in German visited China, and focused on the interview, cooperation and discussion with SBM. During the visiting in SBM, both parties signed a long-term strategy cooperation agreement. As one of the major suppliers of SBM, Siemens has been cooperating with SBM for over ten years.

4. Five-year Plan of SBM to Create a Landmark Enterprise in the Industry of Machinery Equipment The SBM Five-year Strategy Plan from 2015 to 2019 was issued in the middle of 2014, which described the positioning, target, core competitiveness and improvement of strategy in the next five years. 5. Kick-off of SBM Value-added Services -- Technical Teams Built an Operation Database on Equipment SBM dispatched four service teams from April to June who went to Fujian Province, Zhejiang Province, Hunan Province and Hubei Province to interview the value-added service on the crushing and milling production site.

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