On November 19, 2024, Simple Group proudly held the groundbreaking ceremony for its Simple Medical R&D Production Project in Dongguan City. This significant event was attended by distinguished leaders from the Dongguan municipal government, representatives from Simple Group's construction contractor, as well as senior executives and key employees from Simple Group, all coming together to witness this pivotal moment in the company’s development.

Since its inception, Simple Group has been guided by a core value of "Respect, Responsibility, and Return." This commitment enables us to consistently deliver exceptional products and services to our clients. As we strive to expand and strengthen our operations, we remain dedicated to exploring innovative development strategies that allow us to return to society through outstanding performance.

Sustainable development is at the heart of our mission, and we recognize that continuously enhancing our capabilities and competitiveness is essential for our progress. The Simple Medical R&D Production Project stands as a pivotal strategic initiative in our growth journey, marking a significant milestone as we chart new horizons.

During the ceremony, Mr. Simon Wu, President of Simple Group, addressed the attendees, expressing heartfelt gratitude to the leaders and guests present. He emphasized that the Simple Medical R&D Production Project, focused on expanding investment and production capacity, will serve as a advanced manufacturing base that combines modernization, intelligence, and environmental sustainability. This project is expected to create a significant expansion of our production scale, enhance efficiency, and improve product quality. With a planned construction period of one year and full production to commence within two years, the initiative is projected to generate over 200 million yuan in annual industrial output value and create approximately 600 new jobs. The groundbreaking marks the official beginning of substantial construction efforts.

Vice Mayor Chen Guanglian of the Tangxia Town also delivered remarks, highlighting the project’s positive impact on the growth of the health and medical industry cluster in Tangxia Town. The town leadership is deeply committed to supporting the operational development of enterprises. Vice Mayor Chen expressed her hopes for Simple Group to achieve remarkable operational results and contribute significantly to the high-quality economic development of Tangxia Town. She also conveyed best wishes for the timely completion and success of the expansion project.

As the first shovels broke ground, each scoop of earth symbolized hope and a commitment to the future, marking the start of a new construction journey. We are excited to accelerate our progress, carrying forward the dreams and aspirations embodied in this moment.

The groundbreaking ceremony of the Simple Medical R&D Production Project reached a successful conclusion, with leaders and dignitaries coming together to celebrate this momentous occasion for Simple Group. The event was filled with energy and enthusiasm, leaving behind many memorable moments as we embark on this promising new chapter.