As the strategic hub of Heyu Group, HK Heyu Rubber Trading Company has consistently served as a global rubber resource integrator since its establishment on January 15, 2009. Leveraging Hong Kong's free port advantages, the company has established a comprehensive business network covering key rubber-producing regions in Southeast Asia, the Middle East, and Africa. In 2023, the company's natural rubber import volume reached 112,000 metric tons, accounting for 1.8% of the global market share among non-producer traders, ranking among the top ten in Asia's rubber trading industry.

In terms of core business structure, the company has developed three major product matrices: The natural rubber segment, primarily featuring Vietnam 3L and Thailand RSS#3, achieved an annual trading volume of 68,000 metric tons; The synthetic rubber segment focuses on SBR, SSBR, BR, NBR, and IR from South Korea and Sinopec, along with advanced polymer materials such as Saudi EPDM, and plastic products including EVA, POE, and PVC, with an annual trading volume of 45,000 metric tons, mainly catering to the footwear and industrial product sectors. This tiered product portfolio has enabled the company to demonstrate market fluctuation resilience 23.6% higher than the industry average.

Regarding customer service, HK Heyu Rubber Trading Company consistently adheres to a customer-centric philosophy, providing comprehensive and customized service solutions. This customer-focused business approach has maintained the company's leading position in the competitive market.

Looking ahead, HK Heyu Rubber Trading Company will continue to adopt a market-oriented and innovation-driven approach, deepen its international layout, and strengthen strategic partnerships with global collaborators to maintain competitiveness in the evolving market environment and deliver greater value to customers. The company also plans to further expand its business domains, explore new opportunities in the rubber industry, and make more substantial contributions to achieving sustainable development goals.

Guangdong Vking Intelligent Technology Co., Ltd., as the core manufacturing base of Heyu Group, is strategically located in Houjie Town, Dongguan City, Guangdong Province, a renowned hub for manufacturing. Recognized as a high-tech enterprise by the Ministry of Science and Technology of the People's Republic of China, the company boasts a workforce of over 600 employees, with 31% dedicated to research and development, including two materials science experts who receive special government allowances from the State Council. Over the past three years, the company has achieved a compound annual growth rate of 27.3% in R&D investment, securing 58 patents across core areas such as pet toys, sports goods, home furnishings, mechanical components, and footwear materials.

The company's market expansion is driven by a dual-wheel strategy. Marketing Division I (www.vkingrubber.com) focuses on pet products, with pet toys, sports goods, and home furnishings as its primary drivers, while also diversifying into multiple pet-related categories. The division actively explores international markets, establishing long-term, stable partnerships with clients across various countries and regions, enhancing the brand's global influence. Marketing Division II (www.vkingchem.com) specializes in the rubber raw materials market, leveraging Heyu Group's global resources to provide high-quality rubber products for footwear materials and mechanical components. The division has independently developed various innovative rubber materials and technologically advanced masterbatches, color compounds, and eco-friendly rubber materials, further solidifying the company's leadership in the rubber industry. The synergistic efforts of these two business divisions propelled the company's total output value to exceed 1.06 billion yuan in 2024.

Looking ahead, Guangdong Vking Intelligent Technology Co., Ltd. will continue to uphold the development philosophy of "Technology Leads the Future, Quality Achieves Excellence," increasing R&D investment, expanding business areas, and continuously enhancing the company's core competitiveness to contribute more to Heyu Group's global strategy. Simultaneously, the company will actively respond to national calls, promoting green production and sustainable development, striving tirelessly for a brighter tomorrow.

Vietnam-based Vking Rubber & Plastic Technology Co., Ltd., established as the second overseas production base of Heyu Group, commenced operations in 2018 within the Singapore Industrial Park II-A Zone, Binh Duong Province, Vietnam. Spanning an area of 20,000 square meters, the production facility currently employs over 700 personnel, with the proportion of local Vietnamese technical staff increasing from an initial 15% to 68% by 2024. This achievement earned the company the prestigious title of "Model Enterprise for Technology Transfer" from the Vietnamese Ministry of Labor, Invalids and Social Affairs.

Vking (VN) 's core manufacturing capabilities focus on pet products and sporting goods. The facility is equipped with 48 high-tonnage rubber injection molding machines and 32 dual-color 400-ton injection molding machines, establishing Southeast Asia's first intelligent production line for pet toys. This production line utilizes the advanced MEST system for comprehensive digital management from raw material input to finished product packaging, achieving a daily production capacity of 30,000 units. According to 2024 statistics from the Vietnamese Ministry of Industry and Trade, the company accounts for 19.5% of Vietnam's rubber product exports.

Vking (VN) Rubber & Plastic Technology Co., Ltd. emphasizes technological innovation and R&D investment, continuously introducing advanced production equipment and technical talent to enhance product technological content and added value. The company has established industry-academia-research collaborations with multiple domestic and international research institutions and universities, jointly developing new rubber and plastic materials and products to promote industry technological advancement and industrial upgrading. The company's future strategy focuses on deepening industry-academia-research integration, currently collaborating with Ho Chi Minh University of Technology to establish a "Polymer Materials Training Center," with plans to train 30 Vietnamese engineers annually.

Looking forward, Vking (VN) Rubber & Plastic Technology Co., Ltd. will continue to uphold its business philosophy of "Quality First, Customer Supremacy," constantly enhancing its capabilities and competitiveness to provide superior products and services to global customers. Simultaneously, the company will actively respond to China's "Belt and Road" initiative, strengthening economic cooperation and exchanges with countries along the route, and promoting the implementation and development of its internationalization strategy.

Vietnam Jiucheng Industrial Co., Ltd. was officially registered and established in January 2017, located in the Yuexiang Industrial Park, Ben Cat District, Binh Duong Province. As a specialized production base for rubber compounding under the Heyu Group's strategic layout in Vietnam, the company occupies a land area of 5,000 square meters and currently employs 150 staff members, with 75% being Vietnamese local employees. The localization rate of management is projected to reach 60% by 2024.

In terms of technological innovation, Vietnam Jiucheng Industrial Co., Ltd. prioritizes R&D and innovation, focusing on enhancing the performance and application scope of rubber materials. The company collaborates with multiple research institutions and universities to develop advanced rubber materials, driving technological progress in the rubber industry across the Southeast Asian market.

Regarding quality management,Vietnam Jiucheng Industrial Co., Ltd. strictly adheres to international quality management system standards, implementing rigorous quality control throughout every stage from raw material procurement, production processing to product distribution. The company has obtained ISO 9001 Quality Management System certification, ensuring consistent and reliable product quality.

In the realm of corporate social responsibility, Vietnam Jiucheng Industrial Co., Ltd. actively fulfills its social obligations, emphasizing environmental protection and sustainable development. The company adopts eco-friendly production processes and materials to minimize environmental pollution during manufacturing. Additionally, the company actively participates in social welfare initiatives, making positive contributions to society.

The company places significant emphasis on talent development through a dual-track system. This includes establishing the "Elastomer Materials Engineering Program" in collaboration with Hanoi University of Science and Technology, implementing a "1-year theoretical study + 2-year factory practice" training model. Furthermore, the company has established a four-level technician promotion system, where the highest-level technicians receive compensation equivalent to department managers. This comprehensive system has maintained the annual employee turnover rate at 7.8%, significantly lower than Vietnam's manufacturing industry average of 25%.

Dongguan Meihuajiao Pet Technology Co., Ltd.& Brand: Mewajump, as the premium pet brand vehicle of Heyu Group, is registered in the Technology Industrial Park of Houjie Town, Dongguan City. Leveraging Guangdong Vking Intel. Tech. Co., Ltd 's 58 patented technologies, the company has established a differentiated product matrix. Specializing in the research and development of high-end pet products, the company boasts profound technological expertise in pet toys, pet bedding, and pet travel accessories. The product designs of Dongguan Meihuajiao Pet Technology Co., Ltd. meticulously consider pets' behavioral patterns and health requirements, integrating human-centric design principles with eco-friendly materials to create a series of products highly favored by pet owners.

The company actively expands its international market presence by participating in global pet exhibitions and establishing overseas sales networks, continuously enhancing brand recognition and market share. Moving forward, the company will adhere to its development philosophy of "pet-centric, technology-driven," dedicated to providing global pet owners with superior and healthier pet products.

Furthermore, Dongguan Meihuajiao Pet Technology Co., Ltd. maintains stringent quality control throughout the production process, from raw material selection to finished product delivery, adhering to international quality management system standards. The company has obtained ISO 9001 Quality Management System certification, ensuring that every stage from design, manufacturing to sales meets international standards. In terms of social responsibility, the company actively fulfills its corporate citizenship duties by collaborating with local animal protection organizations, participating in pet rescue and adoption initiatives, and promoting the advancement of pet welfare. Simultaneously, the company is committed to reducing environmental impact in the production process through the adoption of eco-friendly materials, improving energy efficiency, and minimizing waste emissions, striving towards sustainable development.

The vision of Dongguan Meihuajiao Pet Technology Co., Ltd. is to become a global leader in the pet industry, creating enhanced living experiences for pets and their owners through continuous innovation and premium services. In the future, the company will continue to expand R&D investments, strengthen brand building, enhance international market competitiveness, and contribute to the development of the pet industry.

Established in June 2011, Dongguan Jvlun Rubber & Plastic Co., Ltd. is positioned as the domestic raw material trading hub of Heyu Group in China. According to the 2023 statistics from the General Administration of Customs of China, the company's sales, including domestic petrochemical enterprises such as Sinopec, and total import value exceeded 280 million yuan, ranking among the top ten rubber trading enterprises nationwide.

In its core business, Dongguan Jvlun Rubber & Plastic Co., Ltd. specializes in the domestic trade of rubber raw materials, encompassing natural rubber, synthetic rubber, and various rubber auxiliary materials. The company ensures a stable and high-quality supply of goods through close cooperation with large petrochemical enterprises both domestically and internationally. Additionally, the company boasts a professional sales team capable of accurately capturing market demands and providing customized rubber raw material solutions to clients.

In terms of market expansion, Dongguan Jvlun Rubber & Plastic Co., Ltd. actively explores both domestic and international markets, establishing an extensive sales network within China and fostering long-term, stable partnerships with rubber traders in multiple countries and regions. The company enhances its brand recognition and market share by participating in domestic and international rubber industry exhibitions and hosting technical exchange conferences.

Strategically, Dongguan Jvlun Rubber & Plastic Co., Ltd. strengthens cooperation with upstream and downstream enterprises in the global rubber industry chain, optimizes supply chain management, and jointly promotes technological advancements and market expansion in the rubber industry. Looking ahead, Dongguan Jvlun Rubber & Plastic Co., Ltd. will continue to uphold innovation-driven leadership, deepen its service philosophy, and strive to become a leading enterprise in the global rubber trade sector, offering higher quality products and services to its clients.

The Spanish agency, registered in the Province of Castellón, serves as the strategic fulcrum for Heyu Group's European market operations. This agency not only provides robust support for Heyu Group's business expansion in the European market but also actively engages in the development and exchange within the local pet supplies industry. By establishing close collaborative relationships with pet product associations, research institutions, and renowned enterprises across Europe, the Spanish agency has successfully introduced Heyu Group's products and services into mainstream European markets.

In terms of business operations, the Spanish agency leverages its geographical and linguistic advantages to deliver timely and professional services to Heyu Group's European clients. Whether it be market research, product promotion, or after-sales services, the agency demonstrates rapid responsiveness and precise execution, earning consistent acclaim from clients.

Looking ahead, the Spanish agency will continue to function as a strategic fulcrum, offering even more substantial support for Heyu Group's business expansion in the European market. Overall, the Spanish agency plays a pivotal role in advancing Heyu Group's globalization strategy. In the future, the agency will persist as a bridge and link between Heyu Group and the European market, continually exploring new market opportunities, enhancing cooperation and innovation, and making greater contributions to Heyu Group's leadership position in the global rubber and pet supplies industries.

The 8th seat is reserved — for visionary partners ready to shape the future with us. Our global network is growing, and we welcome synergies that drive mutual success.

Mr. Wang Yungao

Chairman

Heyu Group