The Historical Evolution of Helen Zhe

In March 2005, Jiangsu Electromechanical Research Institute Co., Ltd. and foreign shareholder * * * jointly invested to establish Xuzhou Bofeite Special Purpose Vehicle Co., Ltd.

In June 2005, the board of directors agreed to change Xuzhou Bofeite Special Purpose Vehicle Co., Ltd. into Xuzhou Hailunzhe Special Purpose Vehicle Co., Ltd.

After the share reform in April 2009, it was changed to Xuzhou Hailunzhe Special Purpose Vehicle Co., Ltd.

2011April Xuzhou Hailunzhe Special Purpose Vehicle Co., Ltd. was listed on the Growth Enterprise Market.