In the current volatility of the global chemical market, we are well aware of the challenges and pressures faced by our customers. Recently, customers mentioned that there is still inventory and the demand is not urgent, and they are concerned about the increase in sea freight costs. In such a general environment, we are willing to take measures to reduce our profit margins to balance our customers' costs and ensure the continued and stable development of our cooperative relationships.

As a company specializing in providing fine material chemicals, East Chemical is proud to announce that our PVP K-90 product has received unanimous praise from customers in the Korean printing paper industry.

Our company's lithium hydroxide products have achieved significant success in lubricant production for Indian customers. By adding lithium hydroxide to lubricants, Indian customers have found that their performance has been significantly improved, not only improving the high temperature resistance, water resistance and mechanical stability of the lubricants, but also extending their service life. These outstanding performances have enabled lithium hydroxide to gain high recognition and praise from Indian customers.

In the fierce competition in the international market, our company adheres to the principle of customer first and is committed to providing high-quality products and services to customers around the world. Among them, in January 2024, through accurate insight into market demand, continuous optimization of products, and provision of professional consultation and support, we successfully won the trust of Vietnamese customers and established a long-term and stable cooperative relationship.

In March 2024, we received inquiries from Thai customers about advance payment and shipping schedule. Faced with this challenge, our team responded promptly, explaining in detail the current huge factory order volume and the careful scheduling and supply matching we needed to do to ensure that all customer needs were met.

In the fierce competition in the international market, our company adheres to the principle of customer first and is committed to providing high-quality products and services to customers around the world. Among them, in January 2024, through accurate insight into market demand, continuous optimization of products, and provision of professional consultation and support, we successfully won the trust of Vietnamese customers and established a long-term and stable cooperative relationship.