On Apr. 27^th, 2016, the 2^nd Board Meeting of Xi’an FC in 2016 was held successfully in Wuxi. The Chairman of Shaanxi Fast Auto Drive Group Co., Ltd Mr. Yan Jianbo, the Vice President of Caterpillar Ms. Jean Savage, the CEO of Weichai Power Mr. Li Dakai, the General Manager of Caterpillar ATS Business Department Mr. Mak Mirhakimi, the Product Manager of Caterpillar ACSD in China Mr. Bin He, the Product Manager of Caterpillar Mr. Ric Woldow, the Senior Business Manager of Caterpillar Mr. Greg Hepler, the Business Manager of Caterpillar CCMC Branch Mitch Xue, the Vice General Manager of Shaanxi Fast Auto Drive Group Co., Ltd. Mr. Wang Shunli, the CFO of Shaanxi Fast Auto Drive Group Co., Ltd. Mr. Wang Xuewen, the Deputy General Manager of Shaanxi Fast Auto Drive Group Co., Ltd. Sales Company Mr. Xu Liang, the General Manager of Xi’an FC Intelligence Transmission Co., Ltd Mr. Wang Jun, the Vice General Manager of Xi’an FC Mr. Wang Yafeng, the Technical Director of Xi’an FC Mr. Jamie L. McClintock, the Finance Director of Xi’an FC Robbin Lin and other Board members attended the Meeting.

In the meeting, the leaders of Xi’an Intelligence Transmission Co., Ltd made their report to the Board Members from the view of FC products sales, financial status, and technical development in the first quarter of the year 2016. At the same time, the Board Members thought highly of the achievements FC achieved in the first quarter, and made their requests and hopes for the next quarter.