CONTENTS

• A REVISED SALES FORECAST, 2004-2008
• EXPRESSWAY NETWORK TO BE EXTENDED IN THE YANGTZE RIVER DELTA
• LUOYANG LUTONG: A PRIVATE MANUFACTURER OF COMPACTION EQUIPMENT
• XUZHOU BEILI: AN EXAMPLE OF HOW TO OVERCOME THE DOWNTURN
• YITUO SEES A CHANGE IN THE MANAGEMENT OF CONSTRUCTION
• EQUIPMENT BUSINESS
• FINANCIAL RESULTS
• SHANDONG LINYI ENGINEERING MACHINERY