From Aug. 1 to 10, Mr. Lizhihe, vice general manager of China Composites Group pay a visit to Japan with the invitation of Yamaha Co., Kawasaki Heavy Industries and some other large Japanese ship manufacturers for the FRP ships and the cooperation with these corporations. During the visit, Mr. Li signed an intent letter respectively with Yamaha for the establishment of boat club in Weihai and the technology transfer of Yamaha S24 and SC39 ship and with other corporations for setting up a joint venture to produce FRP ship fittings and for the layout of Xiaoshi Island Boat Club.