1970.9.28: Company established Company predecessor was "Yuhang bamboo ware and rain tools factory". 1990-1999: Innovation, rapid development Built 7 research laboratory, had more than 200 professional personnel Was the first to became the province level research and development center Long life energy meter technology was in the leading, occupied about 1/3 market shares in China 2000-2008: Technology transition From energy meter manufacturer transformed to whole solution project supplier 2009-2015: smart and integrated development Integrated electric meter, water meter, gas meter, thermal Meters, etc. developed the advanced energy management system’ Had the international smart meter automatically inspection system 2015 "Holley Metering Ltd." renamed to "Holley Technology Ltd." 2016-now: Energy and IoT, strategy transition Start 3 big changes (IPD, IT, Intelligent Manufacture) Overall transition to the energy and IoT industry ecological strategy.