Sidick: Set up Sidick New Materials Co., Ltd. in Thailand with its wholly-owned subsidiary Sidick Jiangsu, with a total investment of $500,000.

Sitick Announcement: In order to meet the overseas business development needs of the company, the company and its wholly-owned subsidiary Sitick New Materials Co., Ltd. jointly invested in the establishment of Sitick New Materials Co., Ltd. in Thailand. The total investment of this project is 500,000 US dollars, with the company contributing 450,000 US dollars in self-owned funds, accounting for 90%; Sitick Jiangsu contributed 50,000 US dollars in self-owned funds, accounting for 10%.