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SGSB is also a listed company issuing both A shares and B shares

in Shanghai stock exchange. SGSB's business includes sewing equipments, office equipments, photo film products and foreign trade and logistics. By the end of 2004, the total capital stock is RMB 448,886,777, among which domestic-listed B-shares account for 54.34%.

SGSB's development strategy is as follows, to make sewing equipment as core industry, to be supported by investment return on office machinery and photo film equipment JV, to be accompanied by trade and logistic business. Followed by the principle of capital diversification, operation intensification, streamlined management and profit maximization, SGSB has integrated R&D, production, marketing and sales into one management frame. After successful acquisition of German company Dürkopp Adler AG, aiming at upgrading its core industry, SGSB is speeding up consolidation of Asian and European business to initiate a transnational operation successfully. SGSB's development goal is as follows, to become the third top giant globally in the sewing equipment industry after three to five years efforts, to push the company's economy scale to a new height, to improve profit-taking performance and to strive for becoming an outstanding listed company.