WETOWN Electric is listed on the Shanghai Stock Exchange (SSE: 688226)

On the morning of July 7, 2021, WETOWN Electric Group Co., Ltd. is officially listed on the STAR Market of the Shanghai Stock Exchange (Stock Code: 688226, Stock Abbreviation: WETOWN Electric). The event was attended by the leaders and guests including Hongyuan Huang, Party Secretary and Chairman of the Shanghai Stock Exchange; Minglong Ma, Secretary of the Zhenjiang Municipal Committee of the Communist Party of China and Director of the Standing Committee of the Zhenjiang Municipal People's Congress; Secretary of the Yangzhong Municipal Committee; Yexin Zhu, Executive Director and General Manager of the Investment Banking Committee at CITIC Securities Co., Ltd.

Mr. Wengong Jiang, Chairman of WETOWN Electric Group Co., Ltd., stated that listing on the STAR Market is a significant milestone in the development history of WETOWN Electric. After more than ten years of unremitting efforts, WETOWN Electric has became a well-known enterprise in the busbar industry of the domestic power transmission, distribution and control equipment manufacturing industry, and is one of the main manufacturers and suppliers of domestic busbar products. WETOWN Electric will adhere to the philosophy of "Professionalism is Key to Success" and remain committed to providing customers with higher quality products and the most professional services. The company aims to develop its products to be green, integrated and intelligent, incorporating the Smart Manufacturing 2025 concept to gradually achieve intelligent manufacturing of its products. Make full use of the market influence of its own brand " WETOWN Electric" and OEM brands to further enhance the core competitive advantages in terms of technology, market and quality, seize the high-end product market, expand the international market share, and commit to building the No. 1 national brand and a well-known global brand in the busbar industry.

In the future, the company will leverage the opportunity of listing on the STAR Market, and always adhere to the core values of "customer first, innovation driven and responsible commitment". We will continue to increase our investment in research and development, and persistently promote technological innovation, further enhance our core competitiveness, and comprehensively improve the company's overall profitability. We are committed to delivering outstanding performance to reward our investors and contribute back to society!

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