Good news! The company has successfully passed the West Development Enterprise Certification.

Recently, the company has been officially recognized as a "Western Development Encouraged Industry Enterprise" by relevant national departments, thanks to its deep cultivation of industries in the western region, technological innovation, and social responsibility practices. This recognition is not only a full affirmation of the company's active service to the national regional development strategy, but will also inject strong policy momentum into the company's development and provide strong support for promoting the company's high-quality development in an intensive way.

Since the launch of the application, the company's finance department and technology center have worked closely together, spending nearly five months thoroughly studying the policies and systematically sorting out the application materials, laying a solid foundation for the successful recognition. During this period, the company has been audited and evaluated by the competent tax bureau, the district development and reform commission, the Kunming Municipal Development and Reform Commission, and other units, and finally successfully passed all the review procedures and obtained the recognition.

According to the preferential policies for enterprise income tax in the Western Development program, From January 1, 2021 to December 31, 2030, qualified enterprises can enjoy a preferential tax rate of 15% on enterprise income tax (the original tax rate was 25%).

The acquisition of this recognition will not only effectively reduce the company's operating costs and enhance its market competitiveness, but will also help the company further expand its western market and optimize its industrial layout. In the future, the company will take this as an opportunity to continue to cultivate the western region, further optimize the western industrial layout, drive development through innovation, and give back to society through responsibility, working together with all parties to draw a new blueprint for regional development. [Finance Department/Ye Jia]