We are at the start of the most exciting time in the history of Luxon Holdings, Inc. Think about this, 200 years ago the industrial revolution in England changed almost every aspects of the daily life and human society. Today, the growth of China is seeing the greatest move from country to the cities in the history of the world. The power of this new growth is simply incredible, and for several years now, emerging Asian economies have accounted for more of the global growth than America has.
There is no doubt that China’s continued growth will dominate the course of world’s economy for next several decades to come. But not only China has achieved remarkable rites of economic growth, it has achieved even higher rites of poverty reduction. To achieve its continued growth, China and other fast developing Asian economies rely on resources - earth’s basic resources such as cooper, nickel, aluminum, oil and gas which needed to be converted into industrial metals and related byproducts essential for building the infrastructures and making thousands of everyday products that meet society’s needs and contribute to improved living standards.
And here is my point, an industrialized England had a population of around 20 million people, China has a population of almost 1.5 billion people – approximately 75X times that of the industrialized England. So for the next 20 to 30 years, we will see unprecedented growth and demands for refined resources out of China on a scale we’ve simply never seen, and as a leading refiner of earth’s resources we are at the epic center of this needs. We are honored and excited to play a part in this historical transformation of China, and we look forward to many decades of creating value.
We are successful in creating value when:
- Our shareholders are realizing a superior return on their investment.
- Our customers and suppliers are benefiting from our business relationships.
- The communities in which we operate value our citizenship.
- Every staff starts each day with a sense of purpose and ends each day with a sense of accomplishment.
In conclusion, I would like to take this opportunity to express my gratitude to our shareholders, our valued customers, the host communities we operate in, and our dedicated staffs for their continued support.
Stephen C. Lee
Chief Executive Officer