Jiangsu Pengfei Group Co., Ltd. is one of the leading manufacturers of rotary kilns and grinding equipment in China and the global market. It was listed on the Hong Kong main board in 2019, with the stock name and code: China Pengfei Group HK03348. The business scope includes the design, manufacturing, and service of equipment in the fields of building materials, metallurgy, chemical engineering, environmental protection, etc. We provide customized one-stop solutions for design, procurement, construction, and trial operation as an EPC service provider. The company is committed to the research and development of new technologies such as energy-saving energy storage and comprehensive resource utilization, and has established innovative research and development platforms such as the National Enterprise Technology Center and the Provincial Engineering Technology Research Center. Completed a number of major equipment projects such as national industrial revitalization, national torch plan, and national key new products, participated in the drafting of more than 10 national and industry standards, including "Rotary Kiln for Cement Industry", "Vertical Grinding Machine for Cement Industry", "Roller Press for Cement Industry", "Pipe Grinding Machine for Cement Industry", and "Technical Requirements for Complete Equipment of New Dry Cement Production". Led the production of rotary kiln systems, grinding equipment, and cement production lines, with technology at the advanced level of the same industry in China. Awarded as an advanced collective in the national building materials industry and an excellent enterprise in the building materials machinery industry for 40 years of reform and opening up. The rotary kiln won the national manufacturing industry single championship of the Ministry of Industry and Information Technology. More than 100 cement production line projects have been completed, exported to more than 70 countries in the world and spread all over the world, selling products and providing one-stop solutions to customers in more than 50 countries along the the Belt and Road, such as Bangladesh, Kazakhstan, Türkiye, Uzbekistan, etc. Pengfei people have a broad perspective, benefit the world, actively fulfill social responsibilities, and become industry leaders; Pengfei people carry hope, have a far sighted vision, unite and forge ahead, promote harmonious development, and work together to build an international enterprise group. Rotary kiln system, grinding equipment, and cement production line. Rotary kiln system: mainly including rotary kiln, preheater, dryer, cooler and rotary kiln control system; Grinding equipment system: mainly includes tube mills (including ball mills and coal mills), roller presses, vertical mills, powder concentrators, and grinding equipment control systems; Cement production lines: including 1000t/d, 2500t/d, 3000t/d, 5000t/d and other cement production lines, as well as EP/EPC engineering general contracting services for various grinding production lines with an annual output of 100000 tons, 300000 tons, 500000 tons, 1 million tons, 2 million tons, etc. Building materials field: complete sets of technologies and equipment for cement, lime, high phosphate soil, aluminum vanadium soil, etc; Metallurgical field: laterite nickel ore roasting kiln, lithium ore roasting kiln, gold ore smelting kiln, iron chromium reduction kiln, copper mine shaft furnace, steel pellet, large ore grinding machine, vertical coal mill, etc; In the field of chemical engineering, complete sets of technologies and equipment for calcium carbonate, titanium dioxide, and alumina, complete sets of technologies and equipment for composite powder, nitriding furnaces, high-efficiency clean coal upgrading kilns, coal to oil, clean coal dry distillation technologies and equipment, and oil sand shale oil extraction technology and equipment; Environmental protection field: Solid waste, hazardous waste, sludge disposal kilns, cement kiln collaborative waste disposal technology and equipment; Pengfei Group has successively completed the construction of more than 100 cement production line projects, exported to more than 70 countries in the world, and traveled all over the world, selling products and providing one-stop solutions to customers in more than 50 countries along the "the Belt and Road", including engineering design, civil construction, complete equipment, installation and commissioning, and production services. Such as Bangladesh, Kazakhstan, Türkiye, Uzbekistan, etc. We plan to invest in a project to manufacture a rotary kiln with the latest roasting and pyrolysis technology, in order to enter the metallurgical, chemical, and environmental protection industries, mainly focusing on the treatment of various municipal solid wastes. The rotary kiln is also expected to be used for the treatment of low-grade coal and non-ferrous metals. In view of this expansion plan, we also plan to build a production plant with an estimated construction area of 15.652 square meters near our north factory. Due to the expected growth in our business operations and preparation for our global market expansion, we believe that building this production plant is crucial for us to expand into the metallurgical, chemical, and environmental industries. We believe this will be the key to gaining a larger market share in the relevant industries where our products are applicable and maintaining a competitive advantage over our major competitors.