Shanghai Weike Industrial Co., Ltd.

Shanghai Weike Industrial Co., Ltd. (hereinafter referred to as the "Company", "Weike") was established on December 2, 2009, with a registered capital of 2 million yuan (paid in). Since its establishment, the company has been committed to the recycling and reuse of solid waste materials, resource conservation and a harmonious corporate development model, and has gradually formed an entire industrial chain of PET overseas granulation, slice import and entrusted domestic factories to spin and then export. In 2012, the sister unit Shanghai Nafang Technology Co., Ltd. was established. The latter focuses on the application of nano-additives in textiles and has independent intellectual property rights (invention patent CN201310414908.2). The company successfully developed polypropylene yarn for filter elements and sold it to markets such as India, Egypt, Russia, and the United States. In line with legal and standardized operations, the company has been rated as a Class A tax credit unit by the State Administration of Taxation for five consecutive years from 2017 to 2021, as a Class A credit enterprise by the China International E-Commerce Center under the Ministry of Commerce, as a Shanghai technology-based small and medium-sized enterprise, and as a Shanghai contract-abiding and credit-worthy enterprise.