Guangdong Xingfa Holdings Limited (hereafter referred to as “Xingfa Holdings”) was established in January2021 with the registered capital RMB 50,000,000 and its registered address is Room 2203, Block Two, Xingfa Building, No.125, Jihuaxi Road, Chancheng District, Foshan City. Xingfa Holdings involves in investment activity with own funds, provides new material technical&extension services, carries out technical R&D for new material and system design for intelligent building technology.