Duckyang Industry Co.

Duckyang Industry Co., Ltd. is a manufacturer engaged in the provision of automotive interior products. The Company produces cocktail modules, crash pads and anti-vibration pads. During the year ended December 31, 2007, the Company had a production capacity of 1,354,288 crash pads and its actual output was 1,071,318 crash pads. In 2007, crash pads accounted for approximately 94% of the total sales. The Company mainly provides its products to Hyundai Motor Company.