Hefei Senior new energy material Co., Ltd(hereinafter referred to as Hefei Senior), which is the subsidiary of Shenzhen Senior Technology Material Co.,Ltd (hereinafter referred to as "the company") has received the "high-tech enterprise certificate" issued by the anhui province science and Technology department of anhui province, anhui provincial financial department, Anhui branch of state administration of taxation. In accordance with the relevant provisions of the enterprise income tax law of the People's Republic of China and the regulations for the implementation of the enterprise income tax law of the People's Republic of China. Hefei Senior will enjoy the preferential tax policies of the state on high-tech enterprises for three consecutive years when it has been recognized as a high-tech enterprise, that is to pay corporate income tax at the rate of 15%.

Hefei Star was identified as a national high-tech enterprise for the first time after its establishment in 2016,and it will have a positive impact on the operating performance and profitability of Hefei Senior.