Hongli Group ^{Priced, Nasdaq: HLP}

We are an offshore holding company incorporated in the Cayman Islands. As a holding company with no material operations of our own, we conduct our operations in China through Contractual Arrangements, with Hongli Shandong, the VIE and its subsidiaries. Neither we nor our subsidiaries own any equity interests in our PRC operating entities. We, operating through the VIE, Hongli Shandong, and its PRC subsidiaries, are one of the leading cold roll formed steel profile manufacturers in China with respect to function innovation, performance improvement, and customized manufacturing of their products, according to China Sub-Association for Cold Formed Steel Industries, a professional industrial association. Our PRC operating entities’ main business operation focuses on the design, production, deep processing, and sales of custom-made profile for machinery and equipment in a variety of sectors including but not limited in mining and excavation, construction, agriculture, and transportation industries.