Zhiyuan Electronics Revenue

According to the prospectus of Ligong Technology, from 2017 to 2019 and the first half of 2020, Ligong Technology's operating income was RMB 1.707 billion, RMB 1.903 billion, RMB 1.891 billion, and RMB 852 million, respectively, and its net profit was RMB 146 million, RMB 123 million, RMB 115 million, and RMB 49.57 million, respectively. From 2017 to 2019 and the first half of 2020, Zhiyuan Electronics' main business income was RMB 257 million, RMB 256 million, RMB 268 million, and RMB 135 million, respectively, and its net profit was RMB 57.65 million, RMB 45.66 million, RMB 47.18 million, and RMB 39.14 million, respectively. During the reporting period, Zhiyuan Electronics purchased RMB 28.8343 million, RMB 27.5363 million, and RMB 732,000 from Ligong Technology, respectively, accounting for 28.6%, 15.36%, and 0.44% of the total purchase amount during the period. Currently, ZLG Zhiyuan Electronics has more than 700 employees, nearly 50% of whom are engaged in research and development.