Transition of the clothing industry In the latest two years, the whole clothing industry has decreased dramatically. I am not sure if our company would exist for next five years according to the economic development situation. In order to achieve our goals to increase profits by 20 percent this year, we need to restructure our departments and build an executive team. First off, the company is separated into five main business units. We could hold a vote on the director of each department this Friday. Meanwhile, the final results should be decided by the board. Next month Ms. Kelly Sun should be VP who could directly answer to the president. We could relocate our domestic distribution center to Beijing in May, which could be managed by the VP temporarily. In order to build an executive team, new directors should discover the excellence of each team member. Some people should to be encouraged, not criticized. When a project is created, the team's creativity should be promoted and incorporate employees' best ideas. We could plant the seed of excitement to motivate people to work together. Employees should make a commitment to succeed. It is extremely necessary to make sure everyone's on the same page. With regards to the internal and external threats to our company, I'd like to hear everyone's opinion.