Recently, Zhangzhou Zhonghuan Science and Technology Co., Ltd. (referred to as "Zhonghuan Science and Technology"), a subsidiary of the company, has received a "High-tech Enterprise Certificate" jointly issued by the Department of Science and Technology of Fujian Province, the Department of Finance of Fujian Province and the Fujian Provincial Taxation Bureau of the State Administration of Taxation. Certificate number: GR202135000496; time of issue: December 15, 2021; validity period: three years.

According to the state's relevant preferential tax policies for high-tech enterprises, Zhonghuan Science and Technology will enjoy the preferential tax policy of levying enterprise income tax at a tax rate of 15% within three years (i.e. 2021, 2022 and 2023) from the year in which the high-tech enterprise was recognized. This time, Zhonghuan TechnologyThrough the identification of high-tech enterprises, it will help them to further enhance their innovation capability and industry competitiveness, and the relevant tax preferential policies will have a positive impact on the company's business performance in 2021.