A letter to investors

Dear investors:
First of all, thank you for your interest in Bohua Technology. If you have the opportunity to browse our website and annual report, I believe you have a certain understanding of us. Here are some features of our company and team for your reference.

Since its establishment in 2006, Bohua Technology has been developing steadily. Although our scale is not large, we focus on the field of industrial equipment health monitoring and lead the market in this segment. Here are the core competencies we have accumulated over the past decade:
1. R & D capability: It has several R & D teams consisting of doctors, masters, and industry experts. It is the domestically equipped with centrifugal, reciprocating compressor and pump monitoring system and equipment information management platform, and seamlessly integrated under the same platform, which can provide enterprises with an overall solution for industrial Internet equipment health monitoring and intelligent maintenance cloud platform.

2. Market Capability: With a complete sales network and after-sales service system, the company has Beijing as its headquarters and has eight offices in Daqing, Shenyang, Urumqi, Xi'an, Wuhan, Chengdu, Nanjing, and Guangzhou, and Daqing, Shenyang, and Urumqi. , Zhengzhou, Changsha, Wuhan, Qinzhou, Chengdu eight after-sales service centers, sales and service networks throughout the country. The market shares of the three major oil companies are among the highest in the country.

3. Service capabilities: It has a strong domestic field engineering and diagnostic service team in the same industry, can provide turnkey engineering services from sensor installation to the entire system online, and can provide users with the most professional diagnostic service outsourcing capabilities.

4. Production capacity: It has a modern production base of nearly 3000 square meters, and has professional production, testing, quality assurance systems and systems.

5. Innovative ability: Have the ability to innovate new industries and new needs of the Industrial Internet, and steadily develop many new areas.

The users we serve are large state-owned enterprises and military units, and our products and services play a role in escorting the safety and long-term operation of user equipment. Therefore, our work is very important to users. The value is also the mission of our company. The systems and services we deliver have been fully recognized and praised by users. We use our technology to help users solve their problems in actual work. Our team has been fully trained and improved in the development of the past ten years. We have a high-quality, cohesive and combative team consisting of research and development, production, field engineering, after-sales service, diagnostic services, and management operations. .

At present, the Chinese economy has entered a new normal. Made in China 2025 has become an important strategy for national development, and the field of equipment manufacturing has become a top priority for the economic development of various countries. Germany proposed the concept of Industry 4.0, and the United States introduced the concept of the Industrial Internet. Competition in the field of equipment manufacturing in various countries has become increasingly fierce. Based on the current situation of industry development, Bohua Technology has clearly formulated a strategic plan for the company's development during the 13th Five-Year Plan period. It will gradually launch related products in the industrial Internet field and promote them in various industries. After ten years of hard work, we will seize the opportunities of the development of the industry and achieve leapfrog development under the premise of delivering products and services that satisfy customers. I believe that Bohua Technology will contribute its own strength in the development of China from a manufacturing power to a manufacturing power in the next decade!

Thank you again for your attention and hope to have the opportunity to work with you to grow together.

Bohua Technology Board
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