EASTABLISHED AS KYONGSIN INDUSTRY CO. LTD.

REGISTERED COMPANY AS KYONGSIN INDUSTRY CO. LTD.

INCREASING THE CAPITAL STOCK (FROM $50,000 TO $300,000)


BUYING LAND AND BUILDING NEW CONSTRUCTION
(COMPLESTED ON NOV. 2004)


THE REGISTRATION OF VENTURE COMPANY FROM THE SMALL AND MEDIUM BUSINESS ADMINISTRATION IN KOREA


CONFIRMATION FOR INDEPENDENT R&D COMPLETED CAHRGE DEPARTMENT FROM KOREA INDUSTRIAL TECHNOLOGY ASSOCIATION


CONFIRMATION FOR INNOBIZ FROM THE SMALL AND MEDIUM BUSINESS ADMINISTRATION IN KOREA


ACQUISITION OF ISO9001:2000

PARTICIPATION OF STAKE FROM KITURAMI BUMYANG

INCREASING THE CAPITAL STOCK (FROM $300,000 TO $800,000)


REGISTERED AS THE COMMERCIAL AND INDUSTRY REFRIGERATING MACHINE COMPANY IN PYEONGTAEK CITY HALL


CHANGED THE COMPANY NAME AS KITURAMI MACHINERY COMPANY

INCREASING THE CAPITAL STOCK (FROM $800,000 TO $1,000,000)