On the evening of January 21 2005, over 1,600 employees of BASF-YPC Company Limited gathered at Nanjing International Exhibition Center to attend the 2004 Annual Meeting, in which Dr. Blumenberg, president of the Company, summarized the work done by each division in 2004, appreciated the contributions made by the employees and forecasted the situation and challenges confronting the Company in 2005. Mr. Dai Houliang, chairman of the BOD, delivered a warm speech afterwards, acknowledging the achievements last year on behalf of the BOD and expecting better outcome this year. All the employees were intoxicated in a happy and harmonious atmosphere, with the auspicious snow falling outside and the fragrance of wine spreading inside, they held the goblets high to hail the Company's successful past and the bright future.
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