NBS GROUP
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June 1, 2005
In Regard to the China Suzhou Factory
(To be Finished Building in December, 2005)

With rapid development of construction and demand for 2008 Beijing Olympics and the 2010 Shanghai World Expo, the Chinese fabricating glass demand has been increased. Expected that it would also keep increasing in future, NBS Corp. (CEO: Toshiaki Kato, hereinafter [NBS]) established a local corporation in Wujiang City, Jiangsu Province, People’s Republic of China (hereinafter [China]) and decided to build a functional glass general factory. As a Japanese functional glass manufacturer corporation, our firm is the first to enter China to build a professional general factory. Besides, in Jiangsu Province it is the first single-venture Japanese enterprise of glass fabricating, and it occupies the preceding position in all over China.

For the time being, we will manufacture industrial machinery and materials glass for only the Japan home market. For the China domestic, we display business activities to expand business in scale using the Shanghai office as a business base, and focusing on the total functional glass.

The early investment amount relates to the latest China production foothold establishment is 2 billion Japanese dollars.

Firm name: NBS GLASS (SUZHOU) CORPORATION LIMITED
Capital: About 870 million Japanese dollars
Investment percentage: NBS 100% (Japan Single-venture)
Established: August 10th, 2004
Register number: QI DU SU SU ZONG ZI NO. 015522
Executive: President / Toshiaki Kato
Vice President / Kazuaki Yiboshi (Full-time)
Firm Location:

Shanhu Road, Wujiang Economical Development Zone, Jiangsu Province, China

Shanghai Office: 11F Rm.28 Shanghai Mart, 2299-Yan’an West Road, Shanghai, China
Production Scale:

1 million square meters per year in first term (Plan to expand depends on demand)

Total site area: 66,600m2
1st Construction area: 30,000m2
2nd Construction area: 12,000m2(including the staff dormitory)

Machinery imported in the first term:
Cutting: several lines, jumbo, standard
Tempering: several lines, double chambers, bend, heat soaked
Sealed Insulating: several lines
Laminating: several lines
Printing: several lines, for building, for industry using
Film: several lines, for building, for industry using
Tempered door: one line
Fabricating: Grinding machine, double-edge, special bending, drill fabricating
August 10th, 2004: NBS GLASS (SUZHOU) CORPORATION LIMITED established
November 8th, 2004:

Together with staffs from Wujiang City Hall, President Kato held a press conference, regarding the embarkation in China
(November 15th 2004, Glass News)
(November 29th 2004, Industry News)
(November 5th 2004, North Japan News)
(November 9th 2004, Glass KENSOU News)

December 3rd, 2004: NBS GLASS (SUZHOU) CORPORATION LIMITED Shanghai office established
February 2nd, 2005:

NBS GLASS (SUZHOU) CORPORATION LIMITED start-construction ceremony

November 4th, 2005:

NBS GLASS (SUZHOU) CORPORATION LIMITED start-to-operate ceremony

*Wujiang City is close to Shanghai in the east, facing the Tai Lake in the west, in the south adjoining Hangzhou City, and in the north coming near Suzhou City. It is approximately 80 kilometers away from the Shanghai city center and about a little more than one hour by car.

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Copyright 2006 NBS co.,Ltd. All rights reseved.