●On April 5th, the economic situation analysis meeting for the first quarter of 2003 was held. The meeting summarized and analyzed the operation situation of the group in the first quarter, and deployed the next phase of work. The meeting also discussed some topics related to the company's development plan. ●The 8th Zhejiang International Textile Machinery Exhibition was held in Hangzhou from March 19th to 23rd. Twisting Division, Knitting Machinery Division, and spinning companies participated in this exhibition.