The United States financial storm engulfs the entire world, and the ferric oxide profession is suffering the severe test. Therefore, in mid-November the China Coating Industrial association ferric oxide industrial association held the professional economic situation analysis seminar in Shanghai.Our company¡¯s chairman Mr. Lei Zhengjun attended this conference on invitation, and he made speech: he appealed that the entire profession must strengthen confidence, overcome difficulties, the ferric oxide profession is the comprehensive utilization circulation economy, is significant to society's contribution, and he hoped that our country can restore tax refund, helps the ferric oxide profession to go rid of difficulty.In the former three quarters of 2008, the sales have increase by 55% than the period of last year, in the fourth quarter, the global economic worsened day by day, our company still overcame difficulties, and works at full capacity, guarantee the supplying of customers¡¯ orders.