On 11 February 2016 (the 4^th day of the first lunar month), Chief Executive Officer and Registered Manager of Acetop Precious Metals Limited was invited to attend the New Year opening ceremony of CGSE cum “10 Most Active Loco London Gold/Silver Dealer Award 2014/15” Ceremony. Mr. James Lau, Under Secretary for Financial Services and the Treasury was sincerely invited to host the first opening ceremony for gold in Asia. President Steven Chan of CGSE, Permanent Honorary President and Chairman of the Supervisory Committee Dr. Haywood Cheung and many other elites in industry, outstanding corporate representatives and well-known media attended the unprecedented grand occasion.

In his speech at the ceremony, President Chan expressed that in the coming year CGSE will strengthen cooperation with Shanghai Gold Exchange, and will formally establish a liaison relationship with the Singapore Stock Exchange during the year to establish a network with the multiple precious metals exchanges in the world, and meanwhile in line with the national development policy of the Belt and Road to explore emerging markets along Silk Road and allow investors to participate in gold transactions in other countries. Mr. James Lau, Under Secretary for Financial Services and the Treasury pointed out that earlier IMF lowered its global economic growth forecast from 3.6% to 3.4%. However, Hong Kong is still full of hope as the performance of local employment and consumption is stable. CGSE has launched the Shanghai-Hong Kong Stock Connect last year, setting a development strategy in the long run.

According to the CGSE tradition, the first trading day after Chinese New Year will be an auction trading by CGSE President and Vice President. This year Mr. James Lau, Under Secretary for Financial Services and the Treasury was invited to witness on the Opening Ceremony. The 99 Gold was traded at HK$ 11,188 per tael which means profits pouring in from all sides from market opening.

Following the mutual congratulations of the New Year and the Opening Ceremony, “10 Most Active Loco London Gold/Silver Dealer Award 2014/15” Ceremony was held with grandeur. Acetop Precious Metals Limited ranked first in the “10 Most Active Dealer Member” with its top trading volume in industry for 12 consecutive months in 2015 and it has been the consecutive 3^rd year for Acetop to be awarded “10 Most Active Loco London Gold/Silver Dealer Award” by CGSE. Chief Executive Officer and Registered Manager of Acetop represented the company to accept the honor trophy. This award is a glorious recognition of the member's performance throughout the year through assessment of monthly transaction data. It is the most authoritative and influential heavyweight award in the precious metals industry. This award represents a stable and secure trading system, constant round-the-clock service, and all-inclusive benevolence of Acetop gaining high recognition from the market. In the future, we will combine the development trend of the industry, continue to expand business, bring forth new ideas and change to create a more professional and more diversified electronic financial services for our customers.

As a leader in this industry, Acetop Precious Metals Limited will maintain a good cooperative relationship with CGSE. In the new year, we will make concerted efforts to create greater glories. We wish CGSE to thrive in Year of the Monkey and the gold market booming.