About CHERVON Company

Quanfeng Holdings Co., Ltd. (the “Company”, together with its subsidiaries, collectively the “Group” or “we”) is a global supplier of electric tools and outdoor power equipment (“OPE”). Our high focus on innovation (especially in the field of lithium battery system technology) has enabled us to achieve a huge market size and helped us achieve rapid growth. We provide a full range of products under a portfolio of well-known brands, specially tailored to meet the diverse needs of global end users. Our target customers for power tools are industrial/professional and consumer end users, while our OPE products target high-end and mass market end users. We currently have five differentiated and widely recognized brands: EGO, FLEX, SKIL, Dayou and Xiaoqiang, covering major regions and market segments. We focus on user-centered innovation and product categories, and an integrated system of R&D, manufacturing, sales and distribution capabilities supports this. Our broad end user base for lithium battery products helps us quickly accumulate industry knowledge, technical knowledge and end-user insight. With relevant knowledge and insight, we can continue to launch new products showcasing advanced technology and product design capabilities. We then produce these new user-centered products with consistent high quality through our intelligent manufacturing system and distribute the new products through our multi-channel sales and distribution network. Our experience in global operations and localized marketing has helped us expand our market share and meet the end user needs of our target markets. Our strong brand portfolio not only meets the needs of end users, but also helps strengthen our market position.