Hubei Chucha Technology Group Co., Ltd.

Hubei Chucha Technology Group Co., Ltd. (hereinafter referred to as "Chucha Group" or "the Company") offers a wide range of tea products, including business etiquette reception tea, smart tea machines, convenient instant cup tea, functional cup tea, tea bags, gift box tea, and various other tea products. The Company utilizes its unique patented technologies, diverse specialty tea products, and a brand-new way of drinking tea to start a "tea revolution." Since its establishment, Chucha Group has been dedicated to the research and development, sales, and brand building of tea products, and has formed four major categories: cup tea, tea bags, herbal tea, and premium tea, with a reserve of over 3,000 SKUs. It has successfully developed a hardware platform for an integrated tea and water machine, which is now gradually being launched to the market and will serve as a model project for tea enterprises entering the fast-moving consumer goods new retail sector. Adhering to the brand philosophy of "Let the world enjoy good tea simply," the Company provides consumers with convenient, healthy, and stylish tea beverage products. It was recognized as one of KPMG's Top 50 Consumer Technology Enterprises in 2020. The Company possesses a Class 100,000 clean production workshop, has obtained more than 60 domestic and international patents, and has passed HACCP system certification, ISO9001 quality management system certification, and SC food production license, among others. In response to the needs of international customers, the Company has also applied for and obtained HALAL international halal certification, FDA US market access certification, NAFDAC Nigeria market access certification, etc., and has established a complete raw material traceability system and laboratory monitoring system. It has in-depth cooperation with many well-known institutions such as the Tea College of Yangtze University, Hubei University of Chinese Medicine, and Hubei Institute of Fine Arts, jointly developing and establishing R&D and design teams as well as a scientific and standardized enterprise production management system.