Nowadays, the Company’s wholly-owned subsidiary FUTONG Optical Fiber Cable (Chengdu) Co., Ltd (hereafter referred as “FUTONG Chengdu”) has successfully been shortlisted in the 2022 Polices Relating to the High Quality Development Driven by Technological Innovation within Chengdu High-tech Zone as a member of the first batch of enterprises (institutions) proposed by Technology and Qualified Personnel Administration within Chengdu High-tech Zone to have “immediate financial support without declaration” . Now the public announcement period is ended.

In December 2021, FUTONG Chengdu was reviewed as a

high-tech enterprise and obtained the certificate. Technology and Qualified Personnel Administration within Chengdu High-tech Zone undertakes to materialize the 2022 technological innovation pilot clause policy of “ immediate financial support without declaration”, in which case Article twelfth supports high-tech enterprises promoting their qualification and FUTONG Chengdu has done so. Therefore FUTONG Chengdu is included in 2022 List of the First Batch of Enterprises (Institutions) Proposed to “have immediate financial support without declaration” . 1258 enterprises are listed, with FUTONG Chengdu ranking the top.

That the FUTONG Chengdu can be included in the List of the First Batch of Enterprises (Institutions) Proposed to “have immediate financial support without declaration” stands up for & confirms its established achievements, further encourages & expects its future work. To forge ahead and accelerate technological innovation, the Company will comply with national policy about technological innovation, design the theme of high-quality development, focus around the demand of each party, apply the philosophy of “ looking back, basing ourself on current reality and looking ahead”. We will strive for a pioneer in technological innovation industry with entrepreneurship and courage to bring about innovation.