On May 29, 2006, Mr. Peter A. Schnieper, President of PSR and HYPSR, participated in the launch of GE ecomagination in China and the signing of Partnership with the Chinese government officials in the Great Hall of People, Beijing. GE global, regional and China business leaders participated with Mr. Jeff Immelt, Chairman & CEO of GE. At this occasion, Mr. Schnieper met with Mr. Darryl Wilson, President & CEO of GE Consumer & Industrial, Asia-Pacific Region, to renew the friendship and cooperation between GE and PSR.