上海罗利格莱实业有限公司

2016.5.4

We have signed contracts of balers and grinders continuously with our several important customers from the beginning of 2016.

The first project,

First one is the project for Hebei Acrylic Fiber Co., Ltd., which is a member of Jilin Chemical Fiber Co., Ltd., and located in Hebei Gaocheng. It is a project for 60,000 tons acrylic fibers a year. After the evaluation of nearly half a year, Jilin Chemical Fiber group chose one GBS baler that agented by our company. We signed the contract with Jilin Chemical Fiber Group on Feb. 4^th , 2016. At present, the design of equipment is going well.

The second project,

On Apr. 13^th , Jilin Jimont Acrylic Fiber Co., Ltd. which is a member of Jilin Chemical Fiber Group, decided to purchase one GBS PTH300 automatic baler for bobbins based on many inquiries, marketing investigations and researches.

Jilin Jimont Acrylic Fiber Co., Ltd. is a world famous acrylic staple and tow production enterprise. The capacity, variety and quality of its products are on the top in the domestic market, and the company occupies 20% shares in the international market.

The company leaders have a strategic vision, are good at innovation and renovation. They bought the latest GBS full-automatic balers with automatic wrapping and strapping in Dec. 2014, realizing the requirements of unmanned operation for balers. As a result, they became the first manufacturer to use these new balers.

This year, they decide to add 12 production lines for bobbins and purchase one GBS full automatic baler for bobbins agented by our company. On the one hand, they expand the product scope; on the other hand, they become the pioneer to use the most advanced balers for bobbins in the world and become the leader of the same industry of China. As a result, there are 4 staple fiber balers and 1 tow baler in Jimont company, and all of them are from GBS Belgium. And there are 7 GBS balers in brother company of Jimont-Jilin Qifeng acrylic Co., Ltd. All of these balers are used for many years and still in good condition. Now, this group become our biggest strategic cooperation partner, with 13 pieces GBS balers and other 2 pieces are in the executive process.

The third project,

Taiwan famous Far Eastern Textile Co., Ltd purchased a VBS baler from us on April 15^th .

Far Eastern Textile Co., Ltd. was established in 1994 (the name was changed to Far Eastern New Century Corporation in 2009). At present, its overall turnover is accounted for 1/4 of the group, and it is the core business of Far East Group. The textile operation department set up the Taiwan Xinpu Factory，Guanyin Factory of Far Eastern New Century, Far Eastern Industries (Shanghai) Ltd. , Wuhan Far Eastern New Material Ltd. and etc. The annual capacity of polyester polymerization was more than 2,000,000 tons in 2011. Now the company is one of the top 5polyester manufacturers in the world. The products include solid polyester pellet, polyester bottle, polyester film and polyester fiber etc. Far Eastern New Century Corporation, leading the same industry, enters the green industry. In addition to using the recycled polyester materials and biodegradable materials widely, it is actively developing the biomass materials to replace the traditional petrochemical materials. In 2008, Far Eastern Group obtained all the equity of the largest Nylon 66 enterprise in Taiwan-Far Eastern Fiber Corporation and expanded the territory of the two fiber products as polyester and nylon.

The textile operation headquarter of company has established production bases in Taiwan, Southeast Asia and mainland China. Many production bases of cotton spinning, knitting and dyeing, industrial fabrics and clothing production bases were established in mainland China from 1997. With the manufacturing advantage of integrated upstream and downstream and excellent developing strengths of Far Eastern Corporation, the green environmental friendly products produced by FEC has become the first choice of international major brands.

This hygienic fiber project with high equipment requirement is expanded by Taiwan Xinzhu Factory. Last year, Mr. Forrest Zhan, together with the sales manager of GBS, went to Taiwan factory for detailed communication for three times. Finally, Far Eastern Group chose the Belgium VBS balers agented by our company in the fierce competition. It is the first time for our products to enter this important customer, which sets a good example for entering the polyester industry.

The 4^th project,

We successfully sold a MPE grinder to LG group by our Korean agent on April 15^th . This customer bought a similar equipment last year and satisfied with its performance. Therefore, they chose MPE equipment again for their new SAP experimental line.

In these two years, the international and domestic economic market is weak and lack of demands, our country is in the transition period and the trend is not so good. But our company bucks the trend in this situation. What is the reason? We believe that the essential reason for our business development is the advance consciousness of our GM, the high quality and marketable products that meet the market demands, the best pre-sale and after-sale service and the high professionalism of every staff.