Introduction of Jiuyang Co., Ltd.

Jiuyang Co., Ltd. (hereinafter referred to as Jiuyang or Company), formerly known as Shandong Jiuyang Small Household Appliances Co., Ltd., was established in July 2002 and officially transformed into a joint-stock company in September 2007. Jiuyang is a modern enterprise focusing on the field of soymilk machine and actively exploring the research, development, production and sales of small kitchen appliances. There are more than 4,000 employees, with an average age of no more than 30. At present, Jiuyang has formed a cross-regional management structure with several production bases in Jinan, Hangzhou and Suzhou. Jiuyang has maintained a healthy, stable and rapid growth, with an average growth rate of over 40% in the past five years. Now it has become a well-known enterprise in the small household appliances industry, and its scale ranks in the forefront of the industry.