Qinhui Technology International ^{Filed Terms, Nasdaq: QHT}

Through our operating subsidiaries, we manufacture and sell components and accessories of passenger automobiles, trucks and train cars in China. In 2002, Mr. Zhucheng Zhang founded the Auto Parts Co. in Wuhu City, Anhui Province, China. In 2009, Mr. Zhucheng Zhang founded Technology Co., also in Wuhu City, Anhui Province. Since their inceptions, Auto Parts Co. and Technology Co. have manufactured automotive parts and accessories, specifically, automotive structural components. Mr. Zhucheng Zhang served as the chairman of the board of directors, legal representative, and general manager of both companies since their inceptions. In 2016, Auto Parts Co. expanded its product lines to include parts and accessories of railroad cars. June 2024 Mr. Xin Zhang replaced Mr. Zhucheng Zhang as the chairman of the board of directors, legal representative, and general manager, of Auto Parts Co. and Technology Co. In 2016, Auto Parts Co. expanded its product lines to include parts and accessories of railroad cars.