We are a leading developer, manufacturermarketer of medical devices in China through our wholly-owned subsidiary Shenzhen Bio-Medical Electronics Co., Ltd. We also have a significantgrowing presence outside of China, primarily in other regions of Asiain Europe. Established in 1991, we offer a broad range of products across our three primary business segments: patient monitoring devices, diagnostic laboratory instrumentsultrasound imaging systems. According to Frost & Sullivan, we had the leading market share in China by units sold,the second leading market share by revenue, for the sale of patient monitoring devices in 2003,we believe that we continue to be a market leader in China today. In addition, we believe we hold a leading market share position in China in diagnostic laboratory instrumentsgrayscale ultrasound imaging systems. Due to our leading market position, we believe we have one of the most recognized brands in the medical device industry in China.
   
    We sell our products primarily to distributors,the balance directly to hospitals, clinics, government agencies, original design manufacturers,original equipment manufacturers. We believe our nationwide distribution, salesservice network is the largest of any medical device manufacturer in China. This extensive platform allows us to be closer than our competitors to end-usersenables us to be more responsive to local market demand. In addition, we sell our products internationally through an extensive distributionsalessupport network. This established network provides us with a platform which to buildexpand our market position globally.
   
    Our American depositary shares (ADSs) are listed on the New York Stock Exchange (NYSE) under the symbol MR.