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Update Business - PANASIA ALUMINIUM BRISBANE PTY LTD

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A World-class Aluminium Extruder
Offering the Best Quality and High Precision 
Aluminium Extrusion Products Worldwide

In the coming years, PanAsia will extend its coverage by penetrating the North American market and further strengthening its China and Australian networks. With a view to raising market shares by continuing to offer high quality products, the Group plans to establish new sales offices and warehouses in North America and Australia.

For greater competitiveness, the Group aims to attain economies of scale by adding new production lines, increasing the number of extrusion machines and bringing additional surface treatment facilities into operation. On the R&amp;D front, the Group will focus on developing its mould-fabrication capabilities and enhance its mould designing and manufacturing proficiency.

Consistently supplying high quality and high precision aluminium extrusion products worldwide, PanAsia Enterprises Group Limited together with its overseas affiliates (&quot;PanAsia&quot;) took great pride in 2003 and 2004 when it was ranked as one of China's Top 10 exporters of aluminium extrusion materials.

With sales and warehousing facilities in Australia and North America, PanAsia has successfully established an immensely robust international presence. As such, the overseas proportion of PanAsia's ever-growing total turnover has increased dramatically over the years.

With aluminium consumption rising globally, PanAsia's several much-envied market penetration strategies ideally position it to become one of the best aluminium extruders.

By leveraging on the accelerating demand for aluminium products brought on domestically by the PRC's continuous economic growth and globally by rising aluminium applications in a host of industries, PanAsia is confident of providing fruitful returns for its shareholders. The Group will also work proactively and prudently to achieve its goal of becoming one of the best aluminium extruders of the world.

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