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Distinguished guests in attendance includedMr. Xuezhu PAN, Director of the Aluminum Processing Committee of the GuangdongNonferrous Metals Association; Mr. Yuntang LIU, President of the Foshan SanshuiDistrict Aluminum Processing Industry Association; Mr. Ziqiang MAI,Secretary-General of the Foshan Sanshui District Aluminum Processing IndustryAssociation; Mr. Ruibin CAO, Guangdong JMA Aluminium ProfileFactory(Group)Co.,Ltd.; Mr. Pramod Varmora, Chairman of Varmora Group inIndia; Mr. Kirit Kumar, General Manager of Saans Group in India; Mr. Cheng BIAN,Chairman of KEDA Industrial Group; Mr. Tongcan LIANG, Chairman of GuangdongHongyu Group; Mr. Xuexian YANG, Managing Director of KEDA IndustrialGroup and General Manager of Foshan HLT Industry Co., Ltd.; Mr. DengpingTAN, Senior Consultant of KEDA Industrial Group and Director of theLithium-ion Battery Machinery Research Institute; Mr. Yuejin LI and Mr. PengZHOU, Vice Presidents of KEDA Industrial Group; the management team ofHLT&DLT Ceramics Machinery, construction representatives of HLT Phase III,supplier representatives, media representatives, and all employees ofHLT&DLT Ceramics Machinery, totaling more than 1,000 people. Together, theywitnessed the completion and production of the HLT Phase III project andcelebrated the achievements and glory of HLT's 66 years of development.

Amidst a vibrant and enthusiastic atmosphere,General Manager YANG took the stage to deliver a speech, expressing sinceregratitude to the distinguished leaders and guests in attendance for theirpresence at this momentous occasion. He looked back on HLT's journey ofdevelopment, highlighting how the company consistently seized opportunities,pursued innovation, and fostered solid foundations for HLT&DLT CeramicsMachinery's comprehensive growth. With a vision of becoming a "century-oldenterprise", HLT is dedicated to being a global leader in the research,development, and manufacturing of aluminum-profile extrusion machines and acomprehensive service provider in the ceramics industry. Furthermore, Mr. YANGexpressed gratitude to all the dedicated employees of HLT&DLT CeramicsMachinery for their unwavering loyalty and hard work throughout the company'sjourney.

Subsequently, Mr. Xuezhu PAN, Director of theAluminum Processing Committee of the Guangdong Nonferrous Metals Association;Mr. Pramod Varmora, Chairman of Varmora Group in India; and Mr. Cheng BIAN,Chairman of KEDA Industrial Group, delivered speeches brimming with enthusiasm.They conveyed their congratulations and support to HLT while expressing greatanticipation for its future development.

In his address, Chairman Cheng BIANemphasized that the key to HLT's ability to maintain a strong growth trajectoryeven in its 66th year of development lies in grasping the concept of"change and constancy". The constancy lies in the fact that 50% ofthe employees have remained with HLT since their joining, along with theunwavering commitment to producing high-quality products as part of thecompany's spirit and culture. The change is evident in the transformation froma small hardware machinery factory to a globally renowned supplier of ceramicmachinery, expanding into other domains such as aluminum-profile extrusionmachines and refractory material presses. This harmonious balance of"change and constancy" has led to HLT's current brilliance andwill propel it to become a rare centennial enterprise in the future.

As the auspicious moment drew near, theesteemed guests of honor ascended the stage, joining together to witness thegrand commencement. Extending our hands, we touch the past, standing side byside; pressing the button, we unite our efforts, embracing the future. With themagnificent 5-second countdown on the large screen, the inauguration ceremonyfor the completion and commencement of HLT's Phase III project officiallycommenced. The atmosphere was charged with excitement, resounding with thesounds of drums and jubilant voices, elevating this occasion to its climax. Theinauguration ceremony achieved a resounding success.

During the luncheon, under the leadership ofChairman Cheng BIAN, the entire executive team of the company ascended thestage. Together with the distinguished guests and colleagues present, theyraised their glasses in a toast, offering their collective blessings for HLT'sjourney towards an even more glorious future. The clinking of glassesreverberated throughout the venue, as if playing the harmonious notes of apromising symphony for the times ahead.

The HLT Phase III project spans an area of105 acres. It successfully obtained the use rights of the land by landtendering, auction, or listing procedures just before the eve of the NationalDay holiday in 2021. The groundbreaking ceremony took place on March 23, 2022.The project primarily consists of three main components: Plant A, Plant B, anda comprehensive building, with a total construction area of 65,000 squaremeters. Operated by Foshan HLT Technology Co., Ltd., the project isstrategically positioned to establish a domestic high-end and internationallyadvanced production base for high-end equipment. Its focus lies in theresearch, development, and manufacturing of high-end aluminum-profile extrusionmachines and intelligent ceramic raw material integrated machinery. Theobjective is to build a digital and intelligent machinery manufacturing benchmarkfactory, realizing end-to-end digital management throughout the full lifecycle, from order placement, research and development, production, andmanufacturing to product delivery. As a key project in the Sanshui District,the HLT Phase III project represents another significant measure in HLT'sdevelopment strategy of "series production of ceramics machinery anddiversification of press machines". It aims to provide global customerswith efficient, intelligent, and environmentally friendly extrusion machines,as well as comprehensive solutions for the production and manufacturing ofarchitectural ceramics.