I would like to thank our valued customers and business associates for the support and cooperation they have offered so far to Hankook Tire Co., Ltd. Today I am pleased to introduce FRIXA Co., Ltd. a new company acquired recently by Hankook Tire Co., Ltd.   The new company, a leading producer in non-asbestos friction material fields in Korea, is producing brake pad, lining, clutch facing, special brakes for industrial vehicles and equipment, as well as non-asbestos material, enjoying a good reputation in the industry .  Our newest product GRAMIS FS-01, a non-asbestos friction material for brake pads and lining, is widely recognized for its outstanding effectiveness and environment-friendly adaptability.   Hanta M&B is dedicated to improving the health and comfort of our customers as well as the safety of automobiles and will continue to grow through intensive R&D investment and the adoption of the advanced technology to meet our customer's satisfaction.   On behalf of FRIXA, I wish all of you success and prosperity.