On April 6, 2016, Shanghai Qirod Electric Technology Co., Ltd. was officially listed on the National Equities Exchange and Quotations System. On May 5, 2016, Mr. Liu Guoying, the chairman of the board, led the company's senior management team, and invited the leaders of the Tongxiang Municipal Party Committee and the head of the securities firm's business, Mr. Jiang Yimin, to witness the company's listing ceremony in the Beijing National Equities Exchange and Quotations System.

(Middle: Mr. Liu Guoying, Chairman of Qirod Company, 1st Left: Mr. Hua Yong, Spanish PE Company, 2nd Left: Mr. Hu Bin, General Manager of Qirod Beijing Distributor, 3rd Left: Mr. Yu Yang of Zhuozhong Capital, 4th Left: Wu, Secretary of the Board of Qirod Company Mr. Hailong, fifth from left: Ms. Pan Minfang, deputy mayor of Tongxiang Municipal People's Government, fifth from right: Mr. Lu Aichi, director of Tongxiang Municipal Science and Technology Bureau, fourth from right: Mr. Bu Zhanghao, deputy director of the Talent Office of Tongxiang Municipal Committee, third from right: Zhang Liping, secretary of Tongxiang Municipal People's Government Madam, the second from the right: Ms. Ni Qinhua, director of Tongxiang Science and Technology Pioneer Park, the first from the right: Mr. Jiang Yimin, the head of the institutional business of Guolian Securities)

Shanghai Qirod Electric Technology Co., Ltd. was established in April 2012 and is located at No. 339 Songchun Road, Qingpu District, Shanghai. Shanghai Qirod Electric Technology Co., Ltd. is a modern, high-tech enterprise specializing in R&D, manufacturing and sales of frequency converters, soft starters and servo drives. Based on the power electronic technology and automation control technology with independent intellectual property rights, the company is committed to building an internationally advanced and domestic first-class electrical transmission technology and industrial control platform, and serves international and domestic high-end customers with first-class products and system solutions. .

Listing on the New Third Board will be a milestone and a new starting point in the development history of Qirod Electric. After listing, it will help to further improve the corporate governance structure and standardize the enterprise management mechanism; it will help to further expand the company's financing channels, expand the company's operating scale, and establish a good reputation. The company's brand image and effectively enhance the brand influence. The company will take this opportunity to be proactive, vigorously improve the company's continuous development and innovation capabilities, speed up the pace of corporate development, achieve stable performance growth, and strive to build the company into an excellent enterprise with sustainable innovation and sustainable profitability.