CSA Annual Summit - Promoting Development and Sharing Opportunities Together

In September, the 9th Annual Gas Summit and Entrepreneurs' Forum of CSA Group was successfully held in Wuhan. Our Chairman, Mr. Lin Honghua, was invited to attend the event and made an analysis of trade barriers between China and the U.S. as well as shared his experience of building a plant in Thailand, and participated in the Entrepreneurs' Forum on "Promoting High-Quality Development and Sharing New Opportunities for Development". The conference also included a forum for entrepreneurs on "Promoting High Quality Development and Sharing New Development Opportunities".

CSA Group (Canadian Standards Association) was founded in 1919, after more than a hundred years of development, it has become one of the largest standard-setting organizations in North America, especially in the field of gas standards and certification enjoys a good reputation. Over the years, CSA China has provided great assistance for Chinese enterprises to go to North America and the global market, and has also been the main organization for Yangzhou JAVA Power's long-term cooperation for more than ten years. Both parties have given very positive recognition to their professionalism and contribution to the industry.

From the trade war between China and the United States to the impact of the three-year epidemic, the situation of China's exports to the North American market has become more and more complicated and volatile, and the development of the gas industry under the background of dual-carbon is also facing a lot of new problems and challenges. The 9th Annual Gas Summit organized by CSA Group is a very useful and necessary platform for Chinese enterprises and industry experts to have in-depth exchanges on the current complicated and changing situation. Many entrepreneurs and experts in the industry expressed great interest in JAVA's overseas plant construction and globalization strategy, and the exchange of ideas was very enthusiastic.

Over the past 30 years since its establishment, Yangzhou JAVA has always been committed to the research and development and production of household appliance solutions and components, especially in the field of kitchen appliance accessories and gas ignition, which is at the world's leading level.In 2019, in order to further promote the Company's globalization deployment and better cope with the trade war between the U.S. and China, the Company has purchased land in the Rayong Industrial Park of Sino-Thai, Thailand, and has established a wholly-owned subsidiary, JAVA TECH (THAILAND) CO.,LTD., a wholly-owned subsidiary of JAVA, will commence production in 2021 to serve customers in Southeast Asia and cover the export demand of the North American market, becoming an important pivot of JAVA's global strategy in all three countries.