EPTA MEETS THE QINGDAO DELEGATION

<p>On the 16 July there was an historic meeting between <strong>Marco Nocivelli, the CEO of Epta,</strong> and a <strong>delegation from the Chinese city of Qingdao</strong> in the Group’s headquarters in ‪‎Milan. It was a strategic meeting to illustrate the <strong>results </strong>of Epta’s factory in the Shandong peninsula to the <strong>Vice Mayor Zhang Deping</strong> and his Team and discuss the possibility of <strong>expanding </strong>the Group’s presence in the area.</p>
<p>Asia is a <strong>strategic market </strong>where the Company, which has two production sites in Qingdao and in Cha-Am in Thailand, aims to consolidate its position. In this regard the Group has recently upgraded the Qingdao plant to optimise the fluidity and efficiency of processes, while ensuring respect <strong>of the high qualitative standards </strong>that have always characterised the Group’s solutions in all its production hubs.</p>
<p><strong>Marco Nocivelli, CEO of Epta </strong>commented: “<em>We firmly believe in <strong>China’s potential for</strong> <strong>growth. </strong>It is for this reason that in <strong>2009</strong> we accepted the challenge and opened the plant in <strong>Qingdao</strong>. We are proud to announce that the results have been very positive and we are experiencing an encouraging growth trend that will enable us to improve our coverage of the Asian market and contribute towards the economic development of the city of Qingdao</em>. <em>I would like once again to thank Mayor Zhang Deping and the entire delegation for their visit and for the support that the city of Qingdao has always given us and which we are sure will continue to provide” </em>and concluded “<strong><em>We are planning new investments </em></strong><em>in the Qingdao plant for the future and would like to invite there the Delegation so that they can continue to follow our progress.”</em></p>
<p>The <strong>Vice Mayor of Qingdao Zhang Deping</strong> congratulated Epta for its business and the Company’s important role in the area. He also described the Group’s Chinese premises as a prime example of the <strong>successful collaboration between Companies and the city of Qingdao</strong> in contributing to the development of the area as an advanced industrial hub.</p>