Efore's new plant in China was inaugurated today. The opening ceremonies at the plant, which is located in Suzhou Industrial Park, were witnessed by distinguished guests of honor including Jaani Heinonen, Chief Representative of Tekes Shanghai and Xie Jin Ling, General Manager of CSSD, Suzhou Industrial Park Administration committee. The plant was declared officially open by Isto Hantila, Chairman of Efore's Board of Directors. The new production plant became fully operational in April and at the same time production at Efore's old premises at Suzhou was discontinued. The plant is 10,600 m2 in area, 7,560 m2 of which are production premises. At this moment there are just over 400 employees at the plant, the intention being to increase this number as the business grows. In addition to production workers, the aim is to increase employees in marketing and in the sales and product development operations. Besides Suzhou plant, Efore has a sales office in Peking. “The past 8 years have shown that Suzhou Industrial Park is still an excellent place for an Efore plant. Many world-class companies are located in the same area, so a local presence is important. Growth on the Chinese power supply market continues to be the highest in the world, so it is natural for Efore to strengthen its operations in a growth area near the customers,” says President and CEO Reijo Mäihäniemi. The new production plant is modern and the products are manufactured in a genuinely environmentally-friendly way. The plant complies with environmental guidelines set for the electronics industry by the United Nations, taking local requirements into account as well. “The production at the new plant is extremely flexible and is not made for storage. The delivery process follows the pull-driven model, in which production and correspondingly, subcontracts are based on orders received. This increases the efficiency of the whole delivery process and reduces the amount of capital tied up in storage premises,” says Mäihäniemi. Efore has product development and production units with service centers in Europe and North America as well as in China. Efore serves its customers in more than 20 countries worldwide through its subsidiaries, affiliate company and its sales network. EFORE PLC President and CEO Further information is available from President and CEO Reijo Mäihäniemi, tel. + 358 9 4784 6312 DISTRIBUTION Helsinki Stock Exchange Principal media Efore Group The Efore electronics group is an international company providing services for the telecommunications, industrial automation and health care industries. Its operations comprise custom-designed power supplies, power systems and related service and maintenance. Efore's registered office is in Espoo, Finland. Besides Finland, Efore's product development and marketing units are located in China, the USA, Germany and Sweden. Its production facilities are located in China, Estonia and the USA. In the fiscal year ending in October 2006, consolidated net sales totalled approximately EUR 90.5 million and it had a personnel of 812. The shares of the parent company Efore Plc are quoted on the Helsinki Stock Exchange. www.efore.com