Accumulate Energy to Boost Development 

—    Municipal Party Secretary of Kunshan City Leads A Team to Visit Lei Shing Hong Machinery and Supervise Construction of Major Project 

In the afternoon on October 30, 2018, Du Xiaogang, Municipal Party Secretary of Kunshan City and Zhou Xudong, Municipal Deputy Party Secretary and Acting Mayor led a team to visit Lei Shing Hong Machinery Group and supervise construction of two projects in progress on the site. The industrial project for complete assembly workshop of Solar Turbines is listed as one of major projectconstructions in Kunshan in 2018 and obtains major concern and support of Kunshan Government. Lei Shing Hong Machinery Group increased capital of USD 12 million for construction of the project in October, 2017 and the new workshop was planned to be formally put into operation in June, 2019. It is estimated that annual production capacity can realize 20 sets. 

Kelvin Neo, Chief Operating Officer of Corporate Services and Business Development of Lei Shing Hong Machinery and Joe Tracy, Chief Operating Officer of Engine Business Division of Lei Shing Hong Machinery warmly received this supervisionof major project, expressed thanks to concern and assistance provided for Lei Shing Hong Machinery by municipal leaders all the time, introduced project progress and development prospect of the project in details and expressed the confidence to be headquartered in Kunshan for development in the future.Secretary Du expressed that he hoped that Lei Shing Hong could be deeply rootedin Kunshan, focus on industry, accelerate development and expansion, be guidedby high-quality project construction and make new contribution to cultivationand expansion of high-end manufacturing industry and modern service industry. 

From the left side: Joe Tracy, Chief Operating Officer of Engine Business Division of Lei Shing Hong Machinery; ZhouXudong, Municipal Deputy Party Secretary and Acting Mayor of Kunshan; KelvinNeo, Chief Operating Officer of Corporate Services and Business Development of Lei Shing Hong Machinery; Du Xiaogang, Municipal Party Secretary of KunshanCity; Cai Li, Deputy Secretary of Party Committee of Zhoushi Town and Town Chief

Lei Shing Hong Machinery has been rooted in Kunshan since 1995. In the course of more than 20 years’ development, Lei Shing Hong Machinery has continuously explored innovative development ideas and grown into a diversified group headquarters. Its sales and service fields cover construction machinery, engines and generator sets, Benz commercial vehicles and various new energy products. At the same time, Lei Shing Hong Machinery has its own logistics and financial leasing companies to provide strong supporting guarantee for the sales and services of its main products. In 2017, Lei Shing Hong Machinery began to develop new energy business, and was formally authorized by Solar Turbines incorporated in the United States at the end of 2017. It would be in charge of the complete production and assembly of large gas turbines for such brand, and develop the market and expand salesin China.