Due to the company's strategic development needs,the name ofXuzhou Bafang Safety Device Co.,Ltd.was changed and registered asJiangsuBafang Safety Device Co., Ltd.fromJuly28,2022 , and the business of the former company Xuzhou Bafang Safety Device Co., Ltd.was operatedbyJiangsu Bafang Safety Device Co.

With immediate effect, the company uses the newcompany name (Jiangsu Bafang Safety Device Co., Ltd.)for all internal and external documents, information, bank taxpayer name, bank account name and so on.After the company name change, the taxpayer identification number, business address, bank account and account number, business subject and legal relationship remain unchanged, the signed contract continues to be valid, andtheexistingbusiness relationship and service commitments remain unchanged.

We apologize for any inconvenience caused by the change of company name. We sincerely thank you for your continuoussupport and care, we will, as always, maintain a pleasant relationship with you, and wish you and us mutual trust and win-win in future cooperation, and work hand in hand to create good results!

We would like to inform you that we wish you and us a win-win cooperation in the future!

Jiangsu Bafang Safety Device Co.

August 18,2022

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