In January 16^th 2012, Ocean Family holds the annual meeting of 2011. During the meeting, participants are informed the business operation results in 2011 and the target and tasks in 2012. At 2011, the company’s operation situation is excellent and key tasks achieve highlights.

During 2011, the main business operation indicators are as follows: sales revenue reaches 1.277 billion RMB, with the increase of 31% than last year; foreign exchange earning arrives at 177 million US Dollars, with the increase of 57.9% than last year; net profit hits 106 million RMB, with 37.3% than last year. Moreover, key innovation works show several highlights: first of all, the launch of Ningbo Beilun super-frozen tuna processing base fills the shortage of processing capability of super-frozen tuna at south of Yangtze River. Part of processed super-frozen tunas is exported to Japan, and the rest is supplied to the domestic market. This operation not only enhances the extension of fishing industry, but also consolidates company’s efficiency. Secondly, exploiting the domestic market achieves the initial success. The influence of Ocean Family’s brand expands stably and gets more praise from customers. Thirdly, importing high-end seafood products enriches the supply of the domestic market.

During the meeting, Mr. Zengyuexiang, the president of Ocean Family, sets the target for 2012: 1 innovation + 5 combinations. Mr. Zeng also expresses the hope to all employees: continue to carry forward the corporate culture and spirit, which is unity, hard-working, pragmatic and innovative, stick to the development of the company, have more contribution to the development of China’s ocean fishery industry and provide more green, natural and healthy seafood products to consumers!