Recently, our holding subsidiary Chongqing Dajiang National Precision Machinery Manufacturing Co., Ltd. (hereinafter referred to as "Dajiang national") received the certificate of high-tech enterprise jointly issued by Chongqing Science and Technology Bureau, Chongqing Finance Bureau, State Administration of Taxation and Chongqing Taxation Bureau.

The recognition of high-tech enterprises by Dajiang national is the first time. According to the enterprise income tax law of the people's Republic of China, the administrative measures for the recognition of high-tech enterprises and other relevant provisions, Dajiang Guoli can enjoy the preferential tax policies of the state on high-tech enterprises for three consecutive years (2020, 2021 and 2022) after it passes the recognition of high-tech enterprises, that is, pay the enterprise income tax at the rate of 15%.



The recognition of high-tech enterprises is the affirmation and encouragement of Dajiang Guoli in technology research and development and independent innovation, which is conducive to reducing the tax burden of enterprises, enhancing the profitability of enterprises, and playing a positive role in the company's operation and development.

In recent years, with the implementation of the national "the Belt and Road" strategy and the acceleration of urban integration, China's automobile industry has developed rapidly.



From the perspective of foreign countries, the automobile layout of international automobile giants in China has been basically completed. With the promotion of China's "the Belt and Road" strategy, the layout of automobile enterprises with independent brands such as Chang'an, Geely and Great Wall in countries along the "the Belt and Road" has also progressed in parallel, boosting the growth of automobile sales of domestic automobile enterprises.



From the domestic perspective, the integration of cities and towns has promoted the development of the domestic automobile consumption market. Although the sales of traditional fuel vehicles declined seriously in 2020, new energy vehicles are growing against the trend, becoming the growth point of a new round of automobile development.



This year is the first year of the 14th five year plan. During the 14th Five Year Plan period, Dajiang Guoli will still focus on punching and welding parts business in Chang'an Automobile, Dongfeng Xiaokang, Chang'an Suzuki and other markets. From the perspective of the development of Chang'an Automobile, the largest market at present, it is in the third generation development period. In the next five years, Dajiang Guoli expects that the operating income of automobile punching and welding parts products will increase year by year.




It is expected that in 2021, the operating income of Dajiang national automobile punching weldment products will continue to grow steadily. In the next five years, the operating income of Dajiang Guoli's automobile punching and welding products is expected to be good.

Dajiang national production workshop is a busy scene, busy with production