Nanjing Honest New Material Technology Co., Ltd.

        In June 2016, Nanjing Honest Construction and Development Co., Ltd., in partnership with Nanjing Tech University, jointly established Nanjing Honest New Material Technology Co., Ltd., a technology development company engaging in the development of technologies, research and manufacturing of equipment for energy-saving and environmental protection in Gaochun Economic Development Zone. The Company has been equipped with advanced comprehensive laboratories and modernized research and manufacturing workshops. It is not only a R&D center of Nanjing Honest Construction and Development Group, integrating research, industry and trade, but also a provincial Graduate Workstation and Graduate Internship Base of Nanjing Tech University, being an important science and technology incubator platform integrating production, learning and research for Nanjing Tech University.