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VIS Philosophy
Letter to Shareholders
Brief Introduction To VIS
Corporate Governance
Operational Highlights
Financing Plans and Implementation
Financial Statements
Analysis of Financial Position And Operating Results
Special Notes
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Vanguard believes in long-term business strategies which focus on stable and
sustained growth while maintaining our entrepreneurial vitality.
To this end we are constantly innovating to meet the demands of the
dynamic and rapidly changing hi-tech industry.

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