Shanghai POVOS Enterprise (Group) Co., Ltd. is a comprehensive high-tech enterprise which centers on development, manufacture and distribution of home electrical appliance. Its main products are rice cooker, induction cooker, humidifier, soybean milk maker, bathroom heater, rangehood and etc. Headquartered in Songjiang District, Shanghai City with an area of 120 thousand square kilometers, our company has about 1500 employees, total assets 380 million China Yuan. In year 2004, we realized sales revenue 520 million China Yuan. POVOS Group is composed of one parent company and five subsidiary companies. They are Shanghai POVOS Enterprise (Group) Co., Ltd. (parent company), Zhejiang POVOS (Benteng) Electric Appliance Co., Ltd. Wenzhou POVOS (Benteng) Electric Appliance Co., Ltd. Wuhu Yangtze River Refrigeration Economic and Trade Company Co., Ltd. Jiaxing Yangtze River Home Electric Appliance Company Co., Ltd. and Guoli Electric Appliance Manufacture Company Co., Ltd. There are high talented scientific research staffs in the Technology Research and Development Centre of POVOS. The Centre has established a new product research and development system which is leading in domestic as well as keeping pace with the international through closely cooperate with transnational companies, colleges and universities and research institutions. Now we have 21 national patents, and we are going to present 60 new products in year 2005. Our company has passed both ISO9001 Quality Management System Certification and ISO14001 Environment Management System Certification. POVOS has three production bases with great manufacturing capacity, which locates in Songjiang, City of Shanghai, Wenzhou, Province of Zhejiang and Wuhu, Province of Anhui. The total production area is about 100 thousand square kilometers. There are modern process lines and perfect Check-out Test-Sets in all bases with the capacity of annually manufacturing 2 million sets of rice cooker, 2 million sets of induction cooker, 500 thousand sets of humidifier, 800 thousand sets of bathroom heater and 200 thousand sets of range hood. POVOS has a nation-wide marketing network with well constructed distribution channels. We have established 20 marketing subsidiary companies, 100 first level distributors, more than 2000 end-user marketing terminals and 300 after-sale service. POVOS has become a large scale company with efficient operations, reputable managements in the domestic market of home electric appliance. POVOS will strongly promote the construction of modern-enterprise system in the future, takes the management tenets of "to create perfect electric home appliances, to improve life quality of human beings", present high-tech products with great rank and build internationally well-known electric home appliances brand by means of technology innovation and merger of resources.