Longhua Technology Group (Luoyang) Co., Ltd.

Longhua Technology Group (Luoyang) Co., Ltd., founded in 1995, is a manufacturing company listed on the Shenzhen Stock Exchange since 2011. With a registered capital of 904 million RMB, Longhua focuses on developing a sustainable industrial pattern through internal development and industrial investment. The company operates across three main sectors: new electronic materials, polymer composite materials, and energy conservation and environmental protection, establishing itself as a leader in various fields such as industrial heat exchangers and wastewater disposal. Longhua's operations include a wide range of products and services, particularly in energy conservation and environmental protection, where it specializes in industrial heat transfer technologies. The company also excels in extraction and separation, providing integrated services for lithium recovery and rare metal processing. In the new electronic materials sector, Longhua is recognized for its high-purity targets used in semiconductor displays. Additionally, its polymer composite materials division focuses on developing advanced structural core materials. Longhua's strategic planning emphasizes technological innovation and market expansion, aiming to strengthen its competitive position within the industry.

（1）The company's strategic planning is clear, and the industrial layout is reasonable On the one hand, the company will do its best to stabilize and strengthen its existing business. Through technological innovation, product upgrading, management improvement and application field expansion, the company will continue to improve its product competitiveness and market share and maintain its leading position in the market segment. On the other hand, it will actively expand its incremental business. Focusing on the main business and the upstream and downstream areas of the industrial chain, it adopts a strategy of both independent cultivation and investment and acquisition, integrates resources across the market, and takes multiple initiatives to expand the layout of new businesses. It aims to form a number of industrial clusters with outstanding core competitive advantages and promising market prospects. It will establish a sustainable industrial pattern with a strong correlation between core technology and application market, high-frequency linkage within industrial clusters, prominent and diversified main business. （2）The company has a domestic first-class talent team in the field of new materials. Firstly, the company's current core management team has many years of experience and rich successful experience in military research and development and technology industry management. It is a professional technical management team with high level, high quality, professionalism and leading competitive advantage.Secondly, the company has introduced and reserved a large number of domestic first-class professional and technical talents in the professional field of new materials, and has the industry-leading technical research and development strength, which has laid a solid foundation for each new material business under Longhua Technology to continue to lead the industry.Thirdly, the company has a perfect employment mechanism, and has established a more perfect technical talent management system through the continuous introduction of high-end technical R&D talents with professional and technical abilities. （3）The company has strong strength in science and technology innovation Firstly, the company attaches great importance to science and technology innovation from the strategic point of view, establishes the strategic leading position of science and technology innovation through top-level planning, and continuously consolidates and improves the core competitiveness of the company by establishing and improving the science and technology innovation system and strengthening the construction of research team.Secondly, the investment in science and technology innovation has been further increased. The company has increased the investment in research and development in various business areas year by year and formed a number of patents, proprietary technologies, independent intellectual property rights and fist products, which have enhanced the competitiveness of the company's products and greatly contributed to the growth of the company's performance in recent years.Thirdly, to create an effective innovation incentive mechanism, the company continues to improve the assessment and incentive mechanism, and gradually formed a scientific and fair R&D performance assessment and innovation incentive mechanism, further enhancing the cohesion of the core team.