Our Company conducts business operations in China through the Operating Entity, Yulin KTA. Yulin KTA commenced its operation in 2018 and is principally engaged in developing, manufacturing and selling non-pneumatic tires. Our Company, through Yulin KTA, aims to become a leading provider of non-pneumatic tires and a technology pioneer ushering changes to the tire industry in China. Yulin KTA’s current product portfolio mainly comprises three types of non-pneumatic tires categorized by applications, including sanitation industry truck tires, pan-travel tires and intelligent robot tires. In addition to selling non-pneumatic tires, Yulin KTA also generates revenue by selling other products, such as tire loading machines and wheel hubs. Yulin KTA is able to provide standardized products with basic configurations and customized products with distinct variations to meet a wide range of customers’ specifications.