Fujian Jingong Machinery Co., Ltd. With the world's top 500 companies Korea Hyundai Construction Machinery Held a
strategic cooperation signing ceremony The two parties will take the new round of product development as an
opportunity Jointly promote the overall upgrading of products Open up domestic and foreign markets and promote
win-win cooperation.

Korea Hyundai Construction Machinery
It is reported that South Korea's Hyundai Construction Machinery has five major production bases around the world
and a sales and after-sales service network covering more than 140 countries. Its products enjoy a high
reputation in the industry. In 2018, Jingong Machinery had in-depth exchanges with South Korea's Hyundai, and
finally reached a strategic cooperation in the loader project. Jingong Machinery also took a historic step
towards international development.
Over the past 5 years, the two parties have adhered to the principle of "sincere cooperation, mutual benefit" and
achieved win-win results in project cooperation, which not only promoted the progress of related product
technology and product quality of both parties, but also drove the performance of the product market. Strategic
cooperation projects have built a solid foundation.
In this cooperation, the two parties will focus on wheeled excavators. In recent years, with the continuous
advancement of national urbanization and agricultural modernization, wheel excavation machinery products have
gradually occupied an important position in the construction machinery market. As the main brand of wheeled
excavators in China, Jingong Machinery has made use of its long-term accumulated scientific and technological
innovation strength and leading products to effectively promote the rapid development of wheel
excavators and gradually lead the trend. At present, the wheel excavation products and technologies of
Jingong Machinery already have a high degree of market recognition and market share in the domestic market.

At the signing site, South Korea's Hyundai Construction Machinery also learned more about the technical research
and development strength and product capabilities of Jingong Machinery in the fields of forklifts and new energy
series products, and exchanged information on the current demand for related machinery and equipment products in
foreign markets. This also provides new possibilities for the two parties to cooperate in the research and
development of more product categories, market cooperation, and strong alliances to lead the development of the
industry.

As a representative enterprise that takes the lead in promoting the
green and intelligent development of machinery and equipment in China, Jingong Machinery's strategic layout in
the field of new energy has also been recognized by South Korea's Hyundai Construction Machinery.
Today, the signing of a new round of product cooperation project between Jingong Machinery and Hyundai
Construction Machinery of South Korea means that the comprehensive strategic cooperation between the two parties
has taken a new step forward, which has far-reaching significance and will vigorously promote the rapid
development of the business of both parties. develop. Ke Jinyu said, "This cooperation shows the full trust and
support of Hyundai Construction Machinery to Jingong Machinery. I believe that the two parties will create new
miracles and future with the concept of sincere cooperation and mutual benefit." Jingong Machinery will seize
the opportunity to continuously improve its scientific and technological innovation strength, and become an
innovative enterprise with global influence in the field of construction machinery as soon as possible.