Xingye Leather Technology Co., Ltd. (hereinafter referred to as "the company") is the first and only domestic listed company in China's natural leather tanning industry (SME board of Shenzhen Stock Exchange, code 002674), China's leading enterprise in tannery industry, among China’s top 500 private enterprises and 100 key industrial enterprises in Fujian Province. It is an innovative enterprise in Fujian Province, a national high-tech enterprise as well as a major taxpayer in the Chinese leather industry. The stainless steel octagonal soft drums produced by our company, which are largely purchased by Xingye Leather Technology Co., Ltd., have played a huge role in its production process.