GW: HOW HAS FUYAO GLASS AMERICA (FGA) PERFORMED FINANCIALLY SINCE OPENING THE WORLD’S LARGEST AUTOMOTIVE GLASS FACILITY IN OCTOBER 2016 IN MORAINE?
Every year, we have seen an increase of approximately 30% in sales revenue. Having made a loss of $40 million in 2016, along with our float glass operations in Mount Zion we made a combined small profit in 2017, followed by a profit of approximately $40 million in 2018. Forecasts indicate further profitability in 2019 and for future years. All results so far indicate that Fuyao’s investment in America was the right decision… but we must continue to grow.