Conning, chief executive of Greater China, joined Khang Ninh from 1986 to 1993 and held various manufacturing positions at the corning fiber-optic plant in Wilmington, North Carolina. From 1993 to 1996, he worked as an engineering manager in Melbourne, Australia, in the optical waveguide business (later renamed Connie NoblePark) . Later, he worked as a production strategist for corning fiber optics in New York State. In 1998, Meng returned to the Wilmington, N.C. , plant, first as an operations manager for the 5th Generation Lassta, and then as the plant's production manager. In January 2000, he joined Lasertron of Khang Ninh in Bedford, Massachusetts, and became president of Lasertron of Khang Ninh in September 2000. In April 2002 he was appointed director of production operations of corning photonics. In August 2003, he returned to Khang Ninh as vice president of fiber optics development and engineering, reporting to the leadership of the technology division. In January 2005, Meng Anrui was appointed vice president and general manager of Corning Optical Fiber Division. He was appointed chief executive of Khang Ninh's Greater China region in April 2007 and moved to Shanghai with his family in early August 2007. Going from the back end to the front end is our investment strategy, Liu Dong: On March 28, the Beijing Economic and Technological Development Area LCD glass substrate project in Khang Ninh was launched. I wonder why Conning chose this time to launch the glass substrate project in Beijing? Can you tell us the current investment and production capacity of this factory? Andy Meng: Conning is one of the first companies to set up a glass substrate factory at Chinese mainland. For the LCD industry, we see great opportunities in China. When we chose our investment location, we evaluated several cities in China. In our assessment process, the customer factor accounted for the most, that is, how to best meet the needs of customers, close to customers, customer service, is the most critical factor. Government of Beijing has also given us a lot of support and preferential policies, in the IP protection has also taken effective measures. On Balance, we chose Beijing. While choosing Beijing does not mean that other cities do not have an investment climate, we will consider them in our future investments, but it is equally important to consider the needs of our customers. As a matter of fact, the Beijing factory has been in operation since the end of last year. This year, we are ahead of the quarter in volume production. Up to now, we are very satisfied with the production capacity and quality of this factory. The Standard of this factory in Beijing is the same as the global standard, which is embodied in the following aspects: one is the production process, including the quality and performance of the products, and the other is environmental protection, we are very demanding of ourselves. As for the amount of investment and production capacity, I am not at liberty to disclose at this time. We have a unified global supply chain strategy, the goal is to provide reliable customer protection, but also to have the flexibility of the global allocation system. The Beijing plant caters mainly to Chinese mainland's needs, but can also be reassigned to customers in other regions. Liu Dong: Conning is putting into production the glass substrate back process project. Do you have any plans to put the kiln and other previous processes into production in China? Just now you mentioned that Conning has a unified supply chain strategy in the world. What is China's position in it? Meng Anrui: it has something to do with our company's consistent strategy. As we move into new markets, our strategy is to best serve our customers, and we are now introducing Chinese mainland processes that take into account the state of the market as a whole, because that's the size of the Chinese mainland market right now. In addition, we have always been adhering to the investment model is to first introduce the last process, and then look at the market, and then introduce the first process. This model has worked well in Japan, South Korea, and Taiwan, so we believe it can work well in the Chinese mainland. As the Chinese mainland LCD industry continues to grow and customers grow and reach a certain economic scale, we will certainly consider introducing the previous process to the mainland market, but it depends on when our customers announced the construction of a new panel factory, then we will take the initiative to discuss with customers, how to better supply him. We have a centralized supply and demand distribution system around the world, and we check supply and demand very frequently, so we can quickly respond to the market and move from one region to another. All the production in Beijing is also allocated by the global supply network. At present, our factory is just starting up in Beijing. Compared with other regions, the production is still very small, mainly for customers in the mainland. We know that the glass substrate is ultra-thin, ultra-smooth, ultra-fine glass, transportation costs are extremely high. The transportation of these substrates is a test for the glass substrate plant. Conning has a number of patents in glass substrate manufacturing, but another important innovation in packaging is the DensePak packaging system. In order to prevent surface damage or rupture, traditional packaging methods need to maintain a large gap between each substrate, a standard size of the packaging box can only accommodate 20 large size substrate, the DensePak packaging system enables the safe transport of up to 500 glass substrates per package, which is important for productivity and environmental protection. So whenever the market requires it, glass substrates from the Beijing factory can easily be transferred elsewhere. Liu Dong: In the glass substrate field, the world only Khang Ninh, Asahi glass and other four companies have the core technology. Now the market competition, is not only the competition of technology, product competition, but the competition between the industrial chain. Khang Ninh has a 60 per cent global market share in glass substrates, according to the analysis. As industry leaders, what measures will you take to establish a good ecological environment and drive the development of the entire industrial chain? Andy Meng: That's a very forward-looking question. I'd like to explain how Conning got to where he is today with the RD & E (R & D and Engineering) . This year marks the 100th ANNIVERSARY OF OUR R & D Organization, and Conning is one of only five companies in the United States with a 100-year R & D Organization. Our R & D investment is a continuous process, usually putting 10% of our annual revenue on Rd & E, which is quite high. Last year, we announced an additional $300 MILLION IN R & D over the last two years to expand and improve facilities at the Sam Sullivan Park R & D Center near Khang Ninh, N.Y. Conning's expansion plans include major renovations to the existing R & D building and the construction of an entirely new building. The completion of the expansion plan will greatly enhance the operational efficiency, flexibility, space utilization and energy efficiency of the R & D Center. The project, which will be divided into phases, is expected to be fully completed in 2013, while $300 million will be shared over a six-year period. Through these, we can SEE OUR INVESTMENT IN R & D AND THE IMPORTANCE WE ATTACH TO R & D. We've been working in the LCD field for decades, and we've been losing money for the first 15 years, but it's also a sign of determination and patience. Because to make this industry requires a strong accumulation of technology and confidence in the future market. It is only with this confidence and timely grasp of new market opportunities that we can have hundreds of patents in this field. I can't tell you what our market share is, I can only tell you that we are in the lead. On the basis of what we know about our competitors, and taking into account what you have added, I believe our market share will remain unchanged this year. Glass substrate is a competitive industry, and our competitors are constantly improving their capabilities in other areas, so we have no reason to be complacent, we must continue to challenge ourselves, continuously provide the most valuable service to customers. LCD short-term