At the beginning of this year, smts was invited to an essay competition organized by Shanghai Federation of Economic Organizations and Shanghai Federation of Industrial Economics, on the theme of " Driven by Innovation, Develop via Transformation" and was honored with the 3rd. prize on the essay titled as "new energy, new development". We have been implementing the strategy: "Driven by Innovation, Develop via Transformation "initiated by the Shanghai government, correlating the strategy with the fact closely. The prize indicates the recognition towards our performance about innovative development. We will continue to work hard, and further explore on the way of deepened reform, actively promote the development of industry and enterprise in a fast and quick way, striving to become an excellent model in the advanced manufacturing and modern service industry.