Mlily

Mlily Home Technology Co., Ltd. (hereinafter referred to as "Mlily" or "the Company"), formerly known as Nantong Hengkang Sponge Products Co., Ltd., was established on May 30, 2003, restructured into a joint-stock enterprise on November 15, 2012, passed the review of the Issuance Examination Committee of the China Securities Regulatory Commission on April 13, 2016, and was listed on the Shanghai Stock Exchange on October 13, 2016, successfully entering the A-share capital market. The Company is a high-tech enterprise jointly recognized by the Jiangsu Provincial Department of Science and Technology, Jiangsu Provincial Department of Finance, Jiangsu Provincial State Taxation Bureau, and Jiangsu Provincial Local Taxation Bureau. Its technology center has been recognized as the Jiangsu Provincial Space Memory Foam Engineering Technology Research Center by the Jiangsu Provincial Department of Science and Technology and the Jiangsu Provincial Department of Finance. Through years of research and development, the Company has gradually formed its core technologies, owning multiple authorized and protected patented technologies, and has achieved the transformation of multiple technological achievements into commercial products. As of the end of 2016, the Company held 57 patents, including 9 invention patents and 5 international patents. Several products, such as "environmentally friendly flat-foam MDI system air-feel memory foam," "high-density polyurethane shoe material memory foam," "environmentally biodegradable memory foam based on vegetable oil polyether polyol," "degradable polyurethane and latex composite mattress," and "three-layer infant health pillow," have been rated as high-tech products by the Jiangsu Provincial Department of Science and Technology. The Company has successively undertaken important research projects such as the National Torch Plan and the Jiangsu Provincial Science and Technology Support Plan, with product technology at the forefront nationwide. In addition, the Company has passed ISO9001 Quality Management System Certification, ISO14001 Environmental Management System Certification, and Oeko-Tex 100 Ecological Textile Certification, and is a memory foam enterprise that holds both European and American standards. The Company has successively established the "MLILY" and "Mlily" brands, which have been rated as "Key International Brands Cultivated and Developed by Jiangsu Province" and "Well-known Trademarks of Jiangsu Province," and brand products have been rated as "Famous Brand Products of Jiangsu Province." In recent years, the Company's own brands have been widely praised in Europe, America, and other regions, with rapid growth in sales revenue.