Tianrui Instruments Announces Major Financial Indicators for the First Quarter of 2011 Report

On April 22, 2011, Jiangsu Tianrui Instrument Co., Ltd. announced the major financial indicators for the first quarter of 2011. Among them, the report shows that Tianrui Instrument's operating income increased by 20.76% over the same period of last year, mainly due to the continuous expansion of the company's sales channels, resulting in further increase in sales; operating costs increased by 21.56% over the same period last year, with the sale of the current period The volume increased while the sales expenses increased by 56.53% over the same period of last year. Due to the increase in sales volume, the salary and sales commissions of sales personnel increased substantially in this period, and other related sales expenses also increased accordingly.

In addition, on January 25, 2011, Tianrui Instrument successfully landed on the Shenzhen Stock Exchange's Growth Enterprise Market and publicly issued 18.5 million yuan of ordinary shares of A shares, raising funds of 1.225 million yuan.

The successful issuance of this stock laid the foundation for Tianrui Instrument's further development with the help of the capital market platform. During the reporting period, all of Skyray's work was carried out in accordance with the annual work plan formulated by the board of directors, and the main business maintained a good momentum of development. Its operating performance increased over the same period of last year.

During the reporting period, the company’s operating income was RMB 70,389,568.25, an increase of 20.76% from RMB 58,289,457.59 during the same period of last year; total profit was RMB 22,201,484.00 and net profit was RMB 19,398,428.42, which was the same period of last year The total profit was 21,710,882.32 yuan, and the net profit was 18,783,989.91 yuan, an increase of 2.26% and 3.27% respectively.