On February 8, 2023, the investment project ceremony of the intelligent manufacturing industrial park cooperated by Kolier Electric Group Co., Ltd. (hereinafter referred to as "Kolier Electric Group") and the people's Government of Qiyang City, Yongzhou was successfully held. Yongzhou City is located in the junction of the three provinces of Hunan, Guangdong, and Guangxi. It is an important city connecting the Guangdong-Hong Kong-Macao Greater Bay Area. It now has a national economic development zone and a number of provincial-level industrial parks. The industrial foundation is strong. The city focuses on promoting biomedicine, The construction of industrial chains such as advanced equipment manufacturing, electronic information, new materials, energy and electricity.

The intelligent manufacturing industrial park invested by Kolier Electric Group this time is mainly used to produce new high-efficiency and energy-saving motors to meet the strong demand of the downstream application market. Under the background of the domestic dual-carbon strategic goal, the Ministry of Industry and Information Technology and the General Administration of Market Supervision jointly formulated the goal of high-efficiency and energy-saving motors, requiring priority to be given to high-efficiency and energy-saving motors, and speeding up the elimination of backward and inefficient motors that do not meet the requirements of the current national energy efficiency standards. The market scale of high-efficiency and energy-saving motors is expected to grow rapidly in the next few years.

Due to the new brushless structure design, the high-efficiency and energy-saving motor has the characteristics of low operating noise, high efficiency and long service life. Compared with traditional ordinary motors, it is more green and energy-saving, and can effectively reduce carbon emissions. The company continues to carry out technological innovation and energy-saving transformation for the group's motor products, and has now completed the transformation of the original traditional motor products to high-efficiency and energy-saving motors, which not only has high performance and long service life, but also maintains a high performance-to-price ratio. the prospect of import substitution is huge.

Mr. Nie Pengju, Chairman of Kolier Electric Group, stressed at the ceremony that this investment project in the intelligent manufacturing industrial park is not only for the needs of the company's industrial planning, but also to better support the construction of his hometown. As a listed enterprise coming out of Qiyang Town, Kolier has always adhered to its original intention, not forgetting to feed back his hometown and help its development. Kolier Electric Group is full of confidence in the future cooperation, and looks forward to the early fruits of this cooperation project, which can contribute to the economic and social development of Yongzhou City and contribute Kolier's wisdom and strength!

Concentrate on starting a new journey and forge ahead to start a new game. In the future, the company will continue to increase investment in technology research and development, focus on research and development to build core products, enhance the core competitiveness of the company, and use its own professionalism and attitude to strive to build a world-class Chinese national brand for motors and drive control systems, and promote human industrial civilization and progress!