On May 20, 2022, the foundation stone laying ceremony of Huizhou Industrial Park of Krell Electric Group was held in Tonghu Ecological Wisdom Zone of Huizhou City. Mr. Nie Pengju, Chairman of the Group, attended the groundbreaking ceremony with senior executives of the Group and general managers of various business units.

In Huizhou in May, trees are verdant and birds sing. In the Tonghu Ecological Wisdom Zone in early summer, the groundbreaking ceremony of Huizhou Industrial Park of Krell Electric Group officially kicked off. Chairman Nie Pengju extended a warm welcome to the guests who participated in the groundbreaking ceremony. In his speech, the chairman pointed out that the Huizhou Industrial Park of Kolier Electric Group is an important territory of Kolier's layout in the Guangdong-Hong Kong-Macao Greater Bay Area. After it is completed and put into production, it will push Kolier towards a new stage of high-quality development.

The chairman introduced that the industrial park will focus on the production and research and development of motors and intelligent drive control systems, expand the production capacity of motors and intelligent drive control system products, and better meet the rapidly growing market demand of downstream customers. After it is completed and put into production, it is mainly used to produce servo systems and controllers such as encoders and drivers, DC brushless motors, stepping motors and their drives, and precision pumps. The products are widely used in smart homes, office automation, security monitoring, and medical equipment., 3D printing, robots and industrial automation equipment, lithium battery equipment and new energy vehicles. The chairman stressed that it is necessary to speed up the pace of construction, strive for early production and achieve results, continue to take "building a world-class Chinese national brand of motor and drive control system" as the mission, produce first-class products in Tonghu ecological wisdom zone, achieve first-class performance, and create a first-class enterprise.

The music on the spot was exciting. Under the scorching sun, the leaders held the golden shovel symbolizing hope and jointly swung the shovel to cultivate the soil, laying the foundation for the Huizhou Industrial Park of Corel Electric Group. In the warm applause, the foundation laying ceremony of the project was a complete success.

The successful holding of this groundbreaking ceremony means that Corel's major layout in the Guangdong-Hong Kong-Macao Greater Bay Area has landed, and Huizhou Industrial Park will write a new chapter in the hot land of Tonghu Ecological Wisdom Zone. In the future, Corel will take this opportunity to take Tonghu Ecological Wisdom Zone as an important strategic investment area, continue to strengthen personnel training, continue to promote scientific and technological research and development and technological research, keep up with the world's cutting-edge technology of motor and intelligent drive control system, and make unremitting efforts to build a world-class Chinese brand of motor and drive control system and promote human industrial civilization and progress.

Relevant leaders of Huizhou municipal Party committee and municipal government, family members and friends of the chairman, colleagues and representatives of construction units attended the ceremony to witness this historic moment.