China Jushi Co., Ltd.

Global Fiberglass Manufacturing Enterprise: • Self-produced + Self-developed + Global Operations • Global Supply Chain + Comprehensive Production System • Professional Focus + Fiberglass-led Business • Vertical Integration + Integrated from Raw Materials to Finished Products Revenue Breakdown by Business Segment Business Segment | Revenue Share | Sales Volume | Global Position Glass Fiber and Products | 95% | 19.1 billion RMB | Absolute Leader Other Business | 5% | 1.0 billion RMB | Supplementary Business Product Type Distribution Product Type | Revenue Share | Sales Volume | Technical Characteristics Alkali-free Fiberglass | Major Contribution | Significant Proportion | Mature and Stable Technology High-performance Fiberglass | Significant Contribution | Significant Proportion | Advanced and Leading Technology Specialty Fiberglass | Supplementary Contribution | Supplementary Proportion | Specialized and Unique Technology Fiberglass Products | Significant Contribution | Significant Proportion | Diverse Applications Detailed Financial Analysis 2023 China Jushi Overall Financial Performance Financial Metrics | 2023 Data | Year-over-Year Growth Revenue | 20.1 billion RMB | +5.2% Net Profit | 2.8 billion RMB | +10.3% Gross Margin | 30.5% | +2.1 percentage points R&D Investment | 850 million RMB | +12.6% Earnings Per Share | 0.70 RMB | +9.4% Business Performance Analysis Fiberglass Business: Sales volume growth driven revenue increase Product Mix: Increased proportion of high-end products Cost Control: Significant cost control effectiveness Profitability: Continuously enhanced profitability Production Capacity Leadership Analysis Global Production Capacity Layout Production Base | Scale | Technical Characteristics | Market Positioning Tongxiang Base | Largest Base | Most Advanced Technology | High-end Products Focus Jiujiang Base | Important Base | Mature Technology | Diversified Products Chengdu Base | Important Base | Western Region Layout | Regional Market Service Overseas Bases | Global Layout | Localized Production | International Market Service Capacity Advantages Total Capacity: 2.6 million tons - #1 Globally Scale Effect: Significant Economies of Scale Capacity Utilization: High Capacity Utilization Rate Expansion Plan: Continuous Expansion to Increase Market Share Technology R&D Capabilities Analysis Technology Innovation Focus Technology Area | Technology Achievement | Application Effect | Industry Position Formulation Technology | New Glass Formula Development | Enhanced Product Performance | Industry Leading Fiber Drawing Technology | High-speed Drawing Technology Innovation | Improved Production Efficiency | Globally Leading Surface Treatment | Sizing Agent Technology Breakthrough | Optimized Composite Material Interface | Technologically Advanced Environmental Technology | Energy Conservation and Emission Reduction | Improved Environmental Performance | Industry Benchmark R&D Achievements Patent Portfolio: 500+ Valid Patents Technical Standards: Multiple Industry Standards Established New Products: Multiple New Products Launched Annually Technology Cooperation: Deep Industry-Academia-Research Collaboration Global Market Position Analysis Market Share Distribution Market Region | Market Share | Competitive Position | Business Characteristics Global Market | 25%+ | Absolute Leader | World's Largest Supplier China Market | 35%+ | Absolute Leader | Domestic Market Leader European Market | Significant Share | Important Leader | Important High-end Market Participant American Market | Significant Share | Important Leader | Important American Market Participant

Company: China Jushi Co., Ltd. | Field: Core China Jushi is the world's largest fiberglass manufacturing enterprise, focusing on the R&D, production, and sales of fiberglass and products in the mineral materials sector, with scale advantages, technological leadership, and global presence as its core strengths: Fiber Glass Base Material — [Absolute Core Category] Fiberglass: Various fiberglass products - Fiber Base Material: Glass fiber base material products - Composite Material: Glass fiber composite materials Classification Number: 5.7 Note: China Jushi focuses on fiberglass manufacturing in the mineral materials sector and is the absolute leader in the global fiberglass industry.