Ruili Group Co., Ltd.

Founded in 1987, Ruili Group is an enterprise specializing in the production of automotive parts. In July 2004, it was successfully listed on NASDAQ in the United States, pioneering the overseas listing of private enterprises in Wenzhou. With a registered capital of 251 million yuan and over 4,000 employees, the company has a factory building area of 270,000 square meters. It has developed into a leading enterprise in the auto and motorcycle parts industry in Wenzhou, the largest production base for pneumatic brake valve products in China, one of the top 100 enterprises in China's auto parts industry, a national base enterprise for auto parts export, a key high-tech enterprise under the National Torch Plan, one of the top 500 private enterprises in China, one of the top 100 manufacturing enterprises in Zhejiang Province, and a leading backbone enterprise in Zhejiang's industrial sector. It ranks among the top 50 industrial enterprises in Wenzhou and second among the top 50 industrial enterprises in Ruian. Ruili Group holds a controlling stake in Guangzhou Ruili Kemi Automotive Electronics Co., Ltd., a leading enterprise in commercial vehicle brake electronic control systems in China, and has acquired Ruili Meilian Brake Technology (Langfang) Co., Ltd., a well-known domestic air compressor manufacturer. It has also established R&D centers in Shanghai and Hangzhou, comprehensively accelerating the transformation and upgrading of its main auto parts business. Ruili Group adheres to the principle of "focusing on one main business with moderate diversification, diversified investment, and professional management." While strengthening its core auto parts business, it actively integrates resources and extends into fields such as sales and trade, real estate, hotel services, and quasi-financial services, broadening its industrial chain. The group currently has 17 wholly-owned, holding, and participating companies. Under Ruili Group, Hangzhou Ruili Real Estate Group manages assets exceeding 10 billion yuan and has successfully operated 17 projects in major Yangtze River Delta cities, with a constructed and under-construction area exceeding 2 million square meters, widely acclaimed by society. The group owns four high-star hotels in Shanghai, Hangzhou, and Ruian, with over 2,200 guest rooms, and its chain operation has taken shape. It also holds properties such as CAS Automobile Plaza, Style Street, and Ruili Life Plaza in Shanghai, Hangzhou, and Ruian, achieving moderate diversified development and continuously enhancing its overall corporate strength.