Xingyuan Technology Co., Ltd.

I. Company Overview Hunan Xingyuan Technology Co., Ltd. is a *high-tech enterprise specializing in the research and development, production, sales and technical services of vending machines. With strong technical strength and robust manufacturing capabilities, it is a technology pioneer and a major manufacturing force in China's self-service industry. The company's main products include: beverage and snack vending machines, adult products vending machines, over-the-counter medicine vending machines, automatic book vending machines, etc. Since its founding, the company has been known for its advanced technology in the industry, ranking among the top tier of domestic peers, with its market share among the top three in the industry. Its products have passed ISO9001 quality system certification. Xingyuan Technology's vending machines have been deployed more than 30,000 units in first-tier cities and other major cities across China. The company designs and provides *optimal segmented solutions for customers with different needs, integrating information flow, commodity flow and cash flow. The product categories cover food, beverages, stationery, books, toys, lunch boxes, medicines, family planning products, as well as stored-value card recharge services. They are widely used in schools, high-speed rail stations, airports, shopping malls, hospitals, communities, enterprises and institutions, and other locations. The company has mastered the core technologies in the vending field. Its products have independent intellectual property rights. It has obtained 34 patents, 6 computer software copyrights, and 4 invention patents, of which 2 have been authorized and the other 2 have entered the substantive examination stage. It has also mastered multiple non-patent technologies. The company has established and implemented TQM and QCC management: In terms of the R&D system, it has fully introduced the Integrated Product Development (IPD) model to improve R&D management, shorten R&D cycles, and reduce R&D costs; in terms of the procurement system, it has introduced Integrated Supply Chain (ISC) management to strengthen cooperation, communication and coordination with suppliers, shorten supply cycles, and improve incoming material quality; in terms of the marketing system, it has implemented Customer Satisfaction Index (CSI) management, taking maximizing customer value as its *ultimate goal and transmitting it in real time within the company. The company has always been committed to creating *optimal products and improving service quality, cultivating a workforce with exquisite skills and excellent service through an enterprising spirit, building a vending machine company with honest operations and brand service, and serving customers with professional, efficient and considerate service. II. Main Business and Development of the Company Xingyuan Technology's main business is to sell vending machines through both online and offline channels, supplemented by vending machine leasing and related value-added services such as vending machine advertising and display. As of the end of March 2016, the company's vending machines had been deployed more than 30,000 units in first-tier cities and other major cities across China, widely used in schools, factories, subways (transportation hubs), enterprises and institutions, hospitals, shopping malls and tourist attractions, commercial properties, and various other locations. In-depth cooperative customers include: Shenliang Group, C'estbon Group, Alibaba, Hainan Bailian Business School, Guangxi Rural Cooperative Bank, Poly West Coast, and other industry-leading enterprises. In recent years, benefiting from breakthroughs and innovations in internet technology and the increasing popularity of electronic payment functions, the company's performance has achieved leapfrog growth. Over the past two years, it has achieved sales revenue of 40.4581 million yuan and net profit of 2.6367 million yuan, with a compound annual growth rate of operating profit reaching 550%. According to statistics from the China Department Store Business Association, our company's market share in adult products vending machines has reached 58%. After just a few years of development, it has successfully entered the top tier nationwide. For better and faster development, Xingyuan Technology is preparing for listing on the New Third Board. On March 18, 2016, it completed the internal review work of accounting firms, securities firms, law firms, etc., and in May 2016 it submitted to the National Equities Exchange and Quotations. Listing is expected in 2017. III. Company Benefits 1. Employee dormitories are provided, 2-3 people per room, with 24-hour hot water, internet, and WiFi; 2. Various holiday benefits and benefits for employees' birthdays, marriages, childbirth, etc.; 3. Free annual medical checkup benefits for employees; 4. The company irregularly organizes employee activities and annual travel activities. 5. Alternating big and small weekends off, five social insurances and one housing fund, 8-hour work system *