On January 12, the signing ceremony of the purchase contract for electronic target systems for the shooting center of the 2008 Olympic Games of which CNTIC acts as the agent was held in Beijing. Liu Debing, Vice-President of CNTIC, Xiaomin, Assistant Director of the General Administration of Sport, other relevant personnel and representatives with SIUS, a Switzerland-based corporation, were present at the ceremony. Vice-President Liu Debing signed on the contract on behalf of CNTIC.