Zhixin Group Holdings Co., Ltd. (the “Company”) and its subsidiaries, including Xiamen Zhixin Building Materials Group Co., Ltd., Xiamen Zhixin Construction Technology Co., Ltd., and Xiamen Zhixin Logistics Co., Ltd. (collectively, the “Group”) are manufacturers and suppliers of concrete building materials in Xiamen, Fujian, China. Our main products are broadly divided into two categories, namely (i) ready-mixed concrete; and (ii) precast concrete components. All products of the Group are sold in China, mainly in Fujian Province. We have over many years of experience working with construction companies on various types of buildings and construction projects, such as (i) infrastructure, (ii) residential, (iii) commercial and industrial, and (iv) municipal, etc., and we have established a good reputation in the construction industry in Fujian Province. Seizing the rapid development and urbanization of Xiamen, our experienced management team, under the outstanding leadership and forward-looking leadership of the founder, Mr. Ye Zhijie, successfully developed us from a silent and unknown mixing plant to a major supplier of ready-mixed concrete in Xiamen. In September 2014, in response to the improvement and maturity of prefabricated construction technology in Western countries and the increasing penetration rate in North China, the Group seized the opportunity to begin capital investment in the production of precast concrete components for prefabricated buildings by obtaining land use rights (later used to build precast concrete component plants), and became one of the first enterprises in Xiamen to expand its business into the precast concrete component manufacturing industry. The precast concrete component plant gradually began commercial operation in the second half of 2017. The Group currently owns and operates two production plants, namely a ready-mixed concrete plant and a precast concrete component plant, and leases a production workshop (i.e. Jimei workshop) in Xiamen. Since transportation restrictions and costs are important factors in determining the procurement of concrete-related products, the close customer and truck fleet capabilities of the production plant give the Group a competitive advantage over suppliers in other remote areas of Fujian Province in terms of delivery time and logistics costs. Our competitive advantages: 1. We have an outstanding track record of providing high-quality ready-mixed concrete for manufacturers in Xiamen 2. We are ready to seize new business opportunities in the rapidly growing prefabricated construction industry 3. We adopt a comprehensive and strict quality control system 4. We have a senior management team with extensive industry knowledge and skilled employees