2025 Summary of Foreign Trade Business in Aluminum Alloy Trusses, Layher Scaffolds and Stage Construction

As the end of 2025 approaches, looking back on the development process of our core foreign trade business in aluminum alloy trusses, Layher scaffolds and stage construction throughout the year, the overall progress has been stable and orderly. With the trust and strong support of all new and old customers, as well as the joint efforts of team members, we have successfully completed various core work tasks such as the production and manufacturing of aluminum alloy trusses and Layher scaffolds for foreign trade, and the implementation of stage construction plan landing. The business cooperation layout has successfully covered multiple key overseas markets including Southeast Asia and Europe and the United States, customer stickiness has continued to enhance, and brand market recognition has steadily improved. At the same time, the business operation this year also faced two core challenges: the high volatility of aluminum alloy raw material prices and the frequent fluctuations of the US dollar exchange rate, which have brought certain challenges to the cost control and quotation accounting work of the core business.

From the perspective of annual achievements, the core business has shown brilliant highlights and the performance has exceeded expectations. First, customer resources have achieved high-quality expansion and in-depth consolidation. Throughout the year, 12 new overseas customers were successfully developed, the repurchase rate of core old customers increased by 30% compared with the previous year, and the orders related to aluminum alloy trusses, Layher scaffolds and stage construction fully covered the target markets, successfully completing 110% of the annual sales target. Second, the competitiveness of products and services has been highly recognized by the market. Relying on the high-standard product quality of aluminum alloy trusses and Layher scaffolds, as well as professional and efficient stage construction technical services, we have received written praise from customers many times; among them, the successful delivery of 3 large-scale supporting projects of aluminum alloy truss and Layher scaffold supply and stage construction has further enhanced the brand's influence in overseas performance, exhibition and other segmented fields. Third, the business process has continued to iterate and optimize. By refining the order follow-up nodes and improving the pre-sales scheme customization service, the on-time delivery rate of core business orders has stably maintained above 95%, and the customer service experience has continued to improve.

Reviewing the work of the whole year, we also clearly recognize the shortcomings in the development of the core business. On the one hand, the ability to respond to market fluctuations needs to be strengthened. Faced with the 13.5% annual fluctuation range of aluminum alloy raw material prices and the frequent fluctuations of the US dollar exchange rate, the accuracy of preliminary cost prediction is insufficient, and there are occasional delays in quotation adjustments, which have affected the progress efficiency of some orders. On the other hand, the in-depth development of new markets is insufficient. The research on the policy environment and industry demand characteristics of emerging markets is not systematic enough, the business expansion is still concentrated in traditional advantageous markets, and the cultivation efforts of new growth poles urgently need to be increased. In addition, there is still room for improvement in the response efficiency of customized services. For the personalized needs of aluminum alloy trusses, Layher scaffolds and stage construction of some customers, the docking and landing cycle is slightly long, which fails to fully match customer expectations.

Looking forward to 2026, we are full of gratitude and expectations. First of all, we sincerely wish all new and old customers a prosperous business, abundant financial resources and smooth progress in their careers! At the same time, we also sincerely hope that the market environment will return to stability, the price of aluminum alloy raw materials will enter a stable range, and the fluctuation range of the US dollar exchange rate will narrow, creating a favorable environment for the healthy development of the entire foreign trade industry of aluminum alloy trusses, Layher scaffolds and stage construction. In the future, we will make precise efforts to address the shortcomings of the core business: first, strengthen the regular research and judgment of raw material prices and exchange rate trends, establish a dynamic quotation adjustment mechanism adapted to the core business, and improve the accuracy of cost control; second, increase investment in research on emerging markets, deepen the exploration of segmented needs, and expand business boundaries; third, optimize the customized service process, streamline docking links, and improve the response and delivery efficiency of personalized needs. In the new year, we will always adhere to the concept of "integrity-based operation and high-quality service", deepen cooperation and work together with all customers in the field of aluminum alloy trusses, Layher scaffolds and stage construction business to achieve mutual benefit and win-win results.

Finally, we would like to express our sincere gratitude to all customers again for their trust and support for our aluminum alloy truss, Layher scaffold and stage construction business over the past year; we also thank the team members for their joint efforts and strong collaboration. In 2026, we will devote ourselves to the core business with more enthusiasm and professional ability, and go all out to promote the business development to a new level!