The company successfully obtained 50 mu of land through auction.
The company participated in the auction of state-owned industrial land in Kunshan City and successfully auctioned the Kundi Website [2019] H-G No.3 on September 19th, 2019, which is located in the east of Gucheng Road, High-tech Zone, at No.3 plot in the south of Chenfeng Road, with a land area of 33,330 square meters (50 mu). The successful land auction provided a guarantee for the company's subsequent project development and laid a solid foundation for the company to complete the development plan.