Recently, Ningxia Meibanghuanyu Chemical Co., Ltd. (hereinafter refer to as “Meibanghuanyu”), Hubei Kelinbolun New Materials Co., Ltd. (hereinafter refer to as “Kelinbolun”) were awarded high-tech Enterprise Certificates respectively.

On November 18, 2020, the company's holding subsidiary, Meibanghuanyu received the high-tech business certificate issued by Ningxia Hui Autonomous Region of the State Taxation Administration, Ningxia Hui Autonomous Region Science and Technology Agency and Ningxia Hui Autonomous Region from the Treasury Department. The certificate is valid for 3 years and is issued with the certificate No. “GR202064000092”.

On December 1,2020, Kelinbolun, a subsidiary of us, received a high-tech Enterprise Certificate issued by the Hubei Provincial Science and Technology Agency Bureau, the Hubei Provincial Finance Department and the State Administration of Taxation Hubei Taxation Bureau, with certificate No. GR202042001855 and the validity period of three years.