Infore Environment Technology Group Co., Ltd.

Infore Environment Technology Group Co., Ltd. (stock code: 000967) is a leading manufacturer in the special machinery sector, primarily focused on intelligent environmental equipment and services, particularly sanitation robots. The company, listed on the Main Board of the Shenzhen Stock Exchange since 2000, operates through a robust network of 10 wholly-owned subsidiaries, 3 holding companies, and over 160 branches, alongside numerous R&D platforms and operation centers. Infore Enviro is committed to becoming a respected industry leader by leveraging advanced technologies to enhance environmental sanitation. The company’s main business lines include the development and production of sanitation equipment, integrated sanitation services, and environmental monitoring solutions. Infore Enviro has established a comprehensive product line with approximately 400 models, positioning itself as a market leader in environmental sanitation equipment for over two decades. It has pioneered innovations such as the first smart sanitation robot crew and has developed advanced technologies in new energy and autonomous sanitation vehicles. The company utilizes cutting-edge technologies, including 5G, AI, and big data, to create efficient and intelligent sanitation service models, enhancing its competitive edge in the market.

1. Leading advantages in environmental sanitation equipment As a leader in China's environmental sanitation equipment, the Company has state-of-the-art core technologies and a comprehensive product line of environmental protection equipment in the industry. In terms of R&D, the Company has mastered industry-leading technologies in new energy environmental sanitation equipment, intelligent robots of environmental sanitation and autonomous environmental sanitation vehicles, and has been granted the first drive test license in environmental sanitation by the government. The world’s first smart sanitation robot crew was developed by the Company and has been successfully deployed in Orange Isle Scenic Spot, a national 5A scenic area in Changsha City, Hunan Province, and the 5G autonomous robot crew for environmental sanitation has come into service in the university town in the same city. In terms of products, the Company has established a comprehensive product line of environmental protection equipment including approximately 400 models, thus allowing the Company to meet various demands in main application scenarios across the country. Regarding market position, the Company has ranked the first in sales in the domestic market for 20 consecutive years. According to the data of China Automotive Technology and Research Center, the Company had a market share of 29.79% in terms of medium- and high-end products, and a market share of 27.85% in terms of new energy products, far ahead of other market competitors. Pertaining to brand, as one of the forerunners in environmental sanitation equipment, the Company has made achievements by developing the first wet and dry vacuum sweeper truck, the first full-hydraulic mini road sweeper, the first tunnel cleaning vehicle, the first pure electric road sweeper and the first natural gas-powered cleaning vehicle in China. Therefore, the Company has accumulated abundant experiences in the environmental sanitation industry and made a strong brand impact as the No. 1 brand in the industry. 2. Edges in intelligent management and rapid growth of environmental sanitation service With respect to smart service of environmental sanitation, the Company has invested in and operated flexible business models. Based on advanced underlying technologies such as 5G, IoT, AI, big data, cloud computing and edge computing, the Company has developed brand-new smart, refined, mechanized and economical environmental sanitation business models, facilitating the whole industrial chain of "smart sorting, smart environmental sanitation, smart environment, new energy and autonomous driving", and providing accurate and efficient full-time operation and maintenance service and remote monitoring and management model which features seamless connection between front and back offices on all fronts in terms of personnel, vehicles, items and events involved in environmental sanitation operation service. Given the above efforts and achievements, the Company has been included in the Top Ten Innovative Cases in China's Smart Environmental Sanitation in 2018, Pilot and Demonstration Industrial Internet Platform of MIIT in Key Industries in 2019 and Plan for Building of Provincial Industrial Internet Platform of Hunan Province in 2020. The Company is equipped with strong leading technological advantages in intelligent operation of environmental sanitation service.