I will start with Oracle, our parent company. Oracle Corporation, the world's largest enterprise software company, was founded in 1977 by Larry Ellison, Bob Miner and Ed Oates. Headquartered in Redwood Shores, California, Oracle's worldwide headcount now exceeds 42,000, with an annual revenue of 11 billion dollars. The company offers its Oracle 9i E-Business Platform and Oracle E-Business Suite, along with related consulting, education and support services in more than 145 countries around the world.

In 1989, Oracle formally entered China's market and became the first global software giant to open offices in China. Relational database technology originated by Oracle is now serving Chinese users. In July 1991, after nearly two years' hard work, Oracle established a wholly-owned company in Beijing — Beijing Oracle Software Systems Co. Ltd. — to better exploit and serve the rapidly growing market there. On August 8th, 2000, Oracle China formally opened its new offices in the China World Trade Centre, Beijing. This prestigious opening showed the development of Oracle's long-term involvement and commitment in the Chinese market. At present, Oracle China has set up branches in Beijing, Shanghai, Guangzhou and Chengdu, providing Oracle's 9i E-Business Platform and Oracle E-Business Suite, as well as related consulting service, education and support services for the Chinese market. By speeding up the localisation of products, applications, channels and services, Oracle has realised a continuing and healthy development of its business in China.

This is all I want to say about Oracle and Oracle China and I hope this brief introduction has helped shed some light on our company. So, are there any questions you'd like to ask before we move on?