On the morning of December 18, 2022, the main building of the new project was adorned with rows of red blessing banners, presenting a solemn and festive atmosphere. Amid festive firecracker sounds, the final concrete pouring was completed, marking the successful topping-out of the main structure and a crucial phased achievement in the construction of HOSTAR Group’s new plant project.

Mr. Ken Hu, Chairman and General Manager of HOSTAR Group, together with Deputy General Managers Mr. Yuelun Zhao, Mr. Jianbo Guo and Ms. Shelly Gu, as well as general managers of subsidiary companies, heads of various business divisions, and representatives and guests of all participating construction units, attended the ceremony to witness this significant milestone moment.

At the ceremony, Mr. Ken Hu, Chairman and General Manager of the Group, extended sincere gratitude to all sectors of society that had cared for and supported the new plant project, as well as the general contractor and supervision companies for their dedicated efforts. He highly affirmed the rigorous on-site organization and meticulous construction work of all participating units, and expressed heartfelt thanks to all front-line builders for their diligent dedication throughout the project.

Mr. Ken Hu noted that starting from a vacant plot of land, the administrative buildings and production workshops have now risen toweringly from the ground. From a forward-looking development blueprint to the completed main structure today, this topping-out serves as the starting point of HOSTAR’s “second entrepreneurship” and signals the official sprint toward the full completion of the entire project. Over the 11 years from 2011 to 2022, HOSTAR Group has developed from a fledgling venture into a leading enterprise in the intelligent manufacturing sector, fostering unique advantages in product system and industrial chain layout. Adhering to its original development aspiration, the Group has been committed to consolidating, strengthening and upgrading these core advantages. Moving forward, the completion and official commissioning of the new plant will undoubtedly become an important milestone in the Group’s development history.

The topping-out ceremony of the new plant project was successfully concluded. In accordance with the construction schedule, the plant is scheduled to be officially put into operational production in October 2023. We are firmly convinced that standing at this new starting point, HOSTAR Group will unite all forces, forge ahead vigorously, and pursue higher development goals. The Group will continue to make new breakthroughs in the R&D, production and after-sales service of intelligent manufacturing products, striving to build itself into a benchmark enterprise in China’s intelligent manufacturing and high-end equipment industry.