Yesterday afternoon, I had a meeting with Shengda to discuss the price and delivery issue, the preliminary conclusion is:• The 8% price increase will take effect on February 3, and the price was valid until the end of March, re-evaluation of material prices on April 1. Shengda immediately resumed all orders of Bosch to ensure the timely delivery of all goods.• The CNY holiday time of the color printing factory is from February 11th -14th, and the watermarking factory is February 10th-18th. during which production and delivery will not be arranged.• Shengda promised to make every effort to ensure the delivery before CNY, all carton boxes will be produced and delivered in advance before CNY, but they can't promise the delivery of printing parts during CNY. Due to the fluctuation of the plans of both sides, Shengda feedback that many of theproducts they made as planned was suddenly told not to use up, which greatly consumed part of the supplier’s capacity. The biggest problem of Printingplant is that we can't recruit employees. The factory director, quality manager and office staff are already in production.• Organize planners from both parties to confirm the order status every day.• I have asked Mr. Wu Dehua support me to call the president of Shengda for the delivery issue.