Jiangsu Lopal New Material Tech. Co., Ltd

Our parent company, Jiangsu Lopal Tech. Co., Ltd., was established in 2003 and listed on the Shanghai Stock Exchange in 2017. It owns multiple industrial sectors including Lopal lubricants, Kelas automotive urea, lithium source battery positive materials, Lopal hydrogen energy, and Farland Light industry. Its market covers more than 20 countries and regions. Lopal currently has 12 automated and intelligent factories in China, and has established a new lithium battery factory in Indonesia. In 2022, it achieved operating income of 14.3 billion Chinese Yuan.Our company is a wholly-owned subsidiary of Jiangsu Lopal New Material Tech. Co., Ltd., located in Nanjing Xingang Economic Development Zone. From January to October 23, our export business sales were USD 2.41 million , covering Bolivia, Belarus, Kazakhstan, Malaysia and other countries and regions .In response to the country's One Belt and One Road policy, our company plans to cooperate with relevant enterprises in the One Belt and One Road member countries as one of our important strategies in 2024 and in the future. We specially apply to participate in the Canton Fair in 2024, our company will make full use of the resources of the Canton Fair, actively explore overseas markets, and contribute its own modest strength to the country's One Belt and One Road policy.