LEO began the journey with water pump R&D, swiftly establishing itself in the domestic high-end household pump market through advanced technology and superior quality. By seizing opportunities in foreign trade, we achieved rapid progress. Adopting a customer-centric business philosophy and the "Three Hearts for One" strategy, LEO steadily secured its market position, laying a solid foundation for future development.

LEO became the first water pump manufacturer in Taizhou to export to Europe, gaining a competitive edge in international markets. The forward-thinking "Four Quick" efficiency system significantly enhanced operational performance and earned the trust of customers. Demonstrating sharp insight into capital market opportunities, LEO initiated preparations for our public listing.

On April 27, 2007, LEO successfully went public on the A-share market, becoming the first listed company in China's pump industry. Chairman Wang Xiangrong emerged as the youngest chairman of a listed company at the time. Post-IPO, LEO underwent multiple rounds of investment and strategic expansion, transforming from a single-category household pump manufacturer into a comprehensive enterprise covering both residential and industrial sectors, paving the way for sustainable growth.

LEO received prestigious awards such as the National Science and Technology Progress Award and the Dayu Award for Excellence in Hydraulic Engineering. We established multiple overseas subsidiaries, deepening iour presence in international markets. By entering the digital marketing sector, LEO became the first A-share listed digital marketing company. The dual-business-segment development pattern in "Pump Engineering and Manufacturing" and "Digital Marketing" provided strong momentum for sustainable and high-quality growth.

LEO refocused strategic emphasis on manufacturing by establishing our pump division headquarters and a domestic marketing center to enhance operational efficiency and service capabilities. We advanced smart manufacturing through deep integration of 5G applications. In the digital marketing sector, LEO launched the AIGC ecosystem platform 'LEO AIAD' and the marketing-specific large language model 'LEO GUIYI', leading industry innovation. By integrating branding across our core businesses, LEO Group unlocked synergy effects to strengthen overall competitiveness. With the establishment of our group headquarters in Shanghai, LEO embarked on a new era of group-based operations, achieving significant management efficiency improvements and marking the beginning of a new chapter in high-quality development.