Corporate Profile of Ningbo Yongguan New Materials Co., Ltd.

Ningbo Yongguan New Materials Co., Ltd. Was established in February 2021. It is a comprehensive enterprise focusing on the R&D and application of new materials as well as automotive interior supporting services. With a registered capital of RMB 1 million, the company is located at Building 10, Binhai Zhichuang Small & Micro Industrial Park, Cixi Binhai Economic Development Zone, Zhejiang Province. The legal representative is Zhou Jun.

1. Core Business and Scope of Operations

Centered on the R&D and manufacturing of new materials, the company's business covers multiple fields:

Automotive Parts & Accessories: Engaged in the R&D, manufacturing and wholesale of auto parts, as well as the production and sales of automotive decorative products, sponge products and rubber products. We provide customized solutions for automotive interior parts, cushioning components, sealing elements and more.

New Materials Manufacturing: Specializes in the processing and sales of new film materials, home textile products, luggage, leather goods and metal daily necessities. We also offer fabric textile processing and daily textile sales, providing material solutions for industries such as home furnishing, luggage and cultural & creative products.

Chemical & Craft Supporting Services: Conducts the manufacturing and sales of specialty chemical products (excluding hazardous chemicals), as well as the production of arts, crafts and ceremonial articles (excluding ivory and its products). We also engage in deep processing of materials and the development of cultural & creative products.

2. Corporate Positioning and Advantages

Geographic and Industrial Cluster Advantage: Rooted in Cixi Binhai Economic Development Zone, we benefit from the well-established automotive parts and new materials industrial clusters in Ningbo, with rich supply chain resources to quickly respond to customers' customized production needs.

Multi-Scenario Service Capability: With business spanning the automotive, home furnishing and cultural & creative sectors, we offer integrated services including material R&D, product design and manufacturing to meet the diverse needs of customers across different industries.

Compliant and Reliable Operation: Since its establishment, the company has always operated in full compliance with laws and regulations, with complete business registration information. We deliver a reliable cooperation experience through stable product quality and flexible service models.

3. Corporate Vision

Guided by the philosophy of "Empowering a Better Life with New Materials", the company continues to deepen its presence in the automotive interior supporting and new materials application fields. We are committed to providing customers with cost-effective, highly compatible material and product solutions.