Time flies. We are about to bid farewell to the extraordinary 2021 and usher in the hopeful 2022. At this time, AFA has another good news. In the bidding for the metal wear-resistant ball valve procurement project of Baofeng Energy Methanol Plant No. 3, in the fierce competition with many domestic first-class valve manufacturers, our company has won the recognition of Baofeng Energy Group with its advanced product design, precise production and manufacturing processes, strict quality control, professional operation management and rich supply performance, and successfully won the bid. This is another time that we have won a large bid after winning a large bid in the Baofeng Energy Phase II construction project.

AFA was able to win the bid from a strong competition and successfully win the bid. This is the continuation of the long-term strategic partnership between AFA and Baofeng Energy Group. It marks that AFA's high-end C-type wear-resistant ball valve with independent intellectual property rights has achieved milestone performance and industry leadership in large-scale coal chemical projects. The research and development and manufacturing strength of high-end valves has been fully recognized by the market! This is also the fruitful result of the AFA's insistence on quality first and efforts to build a brand.

While AFA won the bid for Baofeng Energy again, good news also came from Hengli Petrochemical (Dalian) Refining and Chemical Co., Ltd. In the bidding for the pneumatic switch wear-resistant ball valve of the Hengli's gasification unit, the C-type wear-resistant ball valve bid by our company was also won again.

As the year draws to a close, our products have won bids in both the coal chemical industry and the petrochemical industry, which has brought a successful conclusion to the company's sales work in 2021. In the new year, the company will continue to work hard, market-oriented, customer-centric, quality-centric, and efficiency-oriented to push all work to a higher level.