(a) Qingdao Xuanwei Coating Material Co., Ltd. is headquartered in Jiaozhou, Shandong Province, which is a national high-tech enterprise relying on Qingdao University of Science and Technology, and is the production base of Qingdao University of Science and Technology, the production base of special coatings under the National Star and Fire Plan. It is also the co-construction unit of Shandong Advanced Coatings Research Centre, Shandong Marine Environment Corrosion and Safety Corrosion Engineering Research Centre and Qingdao Marine Environment Corrosion and Safety Corrosion Engineering Research Centre.

(b) In June 2021, the listed companies of The Furi Group and Qingdao Xuanwei Coating Material Co., Ltd. Have established a large-scale production base, Shandong Furi Xuanwei New Material Technology Co., Ltd. The company is located in the provincial chemical park of Gaomi, the first phase covers an area of 1 km3. The intelligent multi-storey production line with an annual output of 100, 000 tons of dual-use coating materials has been completed and put into production. The enterprise is committed to building Shandong Xuanwei New Material Technology Co., Ltd. Into the most advanced production base of intelligent manufacturing north of The Yangtze River in China and the innovation platform of dual-use functional coating materials. The enterprise has a research team with strong technical force LED by well-known professors and experts in the industry. The enterprise's science and technology innovation team was awarded as an excellent innovation team by Qingdao, including 5 professors, 3 associate professors, 2 senior engineers, 5 doctors 3 post-doctoral fellows, 1 Taishan scholar and 1 young Taishan. Relying on a strong technical team, the company has undertaken more than 10 major scientific research projects at national, provincial, municipal and other levels, many achievements have been completed and transformed, and many achievements have passed the scientific and technological appraisal organized by the National General Equipment Department and Shandong Provincial Science and Technology Department, with the comprehensive technical level reaching international advanced or domestic leading. We have applied for more than 50 patents, nearly 20 patents have been granted. We have won more than 20 scientific and technological awards at provincial, municipal and municipal levels, including a first prize and a second prize for scientific and technological progress in Shandong Province, a first prize and two second prizes for scientific and technological progress in China Petroleum and Chemical Industry Federation, a second prize for scientific and technological progress in the whole army, and a first prize for scientific and technological progress in Qingdao.

The enterprise focuses on the research, development, sales and service of a series of functional anti-corrosion coating materials in four sectors: Military industry, petrochemical energy, marine engineering and marine vessels, and national infrastructure construction. The enterprise coating material of the "chip" is the "function", including heavy-duty coating, long-lasting anti-corrosion, cooling, heat preservation, heat resistance, anti-icing, radar stealth, infrared stealth, electromagnetic shielding, electrical conductivity, anti-corrosion and anti-fouling, self-cleaning, vibration and noise reduction, super-strong, super-hard, high wear resistance, acid and alkali resistance, solvent resistance, etc.

(C) Enterprise development philosophy: Unified goals, sincere cooperation, innovation and striving for excellence.