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Chairman’s Statement

Also constantly being fine-tuned and upgraded And even though the total number of worker
is our production capability. While our Houjie involved in production is continuing to fall,
Town production facility is operating highly this should not be construed as eliminating
efficiently, our optimisation efforts have human input altogether. In fact we have sought
continued. This has included making further to raise the quality of our workforce by hiring
investments in automation, including greater more skilled workers, with some of them
implementation of robot arms that enable us being technical school graduates. One of the
to further enhance efficiency, continue to raise competitive strengths of the Group is the fact
quality and further reduce human labour. that we are able to expedite the introduction
of ever more advanced technologies to the
production environment, which in turn allows
us to bring increasingly sophisticated products
to the market.

ALCO HOLDINGS LIMITED ANNUAL REPORT 2017 9