COMPANY INTRODUCTION

Founded in 2005, Guangzhou Wanon Electric & Machine Co., Ltd. covers an area of 30,000 m2 and has a registered capital of RMB 110.5 million; it is an integrated high and new technological enterprise specially engaged in genset research and development, design, manufacture, sales and after-sales service as a whole. Over the past years, it is dedicated to providing services for domestic and foreign clients, including technical consulting, whole equipment and spare parts supply, project undertaking, maintenance and services, and personnel training. The products cover land diesel genset, marine diesel genset, high-voltage genset and gas genset, which are widely applied to the industry of electricity, communication, iron tower, oil field, industry & mining, medical treatment, financial systems and data center, etc., which have won the recognition of clients.Honored with the title of "Guangzhou enterprise technological center", the technological research and development center of Guangzhou Wanon Electric & Machine Co., Ltd has over 60 professional research staffs and has built up an advanced intelligent multi-functional genset laboratory. The company has mature design and development ability of intelligent green power equipment; it has broken technological monopoly of foreign enterprises in the medium and high-end products of intelligent control, digital synchronization, sound-absorbent material research, high-voltage power transmission and super low-temperature start and enjoyed a good reputation in the industry. Currently, Wanon has set up 3 holding subsidiaries and its domestic after-sales service centers cover our country; its products have been sold to more than 80 countries and regions in Middle East, Southeast Asia, Africa and Europe.Wanon has become the first diesel genset manufacturing enterprise listed among "China's top 500 MVBs"; with "SAONON" brand value up to RMB 1.886 billion. Wanon was honored with the title of "National High and New Technology Enterprise" and it holds over 64 patent technologies including invention patent, besides, 18 patents are under approval. The company has passed the accreditation of ISO9001, ISO14001, OHSAS18001 and GJB9001B systems; the products have passed CE accreditation, TELL certification and CCC accreditation; 16 series of products are honored with the title of "Guangdong high and new technology products". SAONON genset earned the title of "Guangdong Famous Brand Product"; "saonon" trademark is deemed as Guangdong famous trademark. At the same time, Wanon is honored with the title of "AAAA standard good-conduct enterprise" and "AAA credit electromechanical equipment import & export" enterprise; it has won the title of "Guangdong contract honoring and credit trusting enterprise" for 11 consecutive years. In 2014, the project of Wanon Headquarters located in the national development area, Guangzhou Nansha New Area, was signed successfully. It is expected to cover a building area of 20,000 m2. The Wanon Headquarters is mainly engaged in the production of large-scale genset, equipment in set, distributed energy& gas genset set and marine genset, etc. China Securities Regulatory Commission unconditionally approved the major assets re-organization project of Loncin General (stock code: 603766) procuring the assets of Wanon in September 2015; Loncin General formally becomes the shareholder of Wanon. The win-win model of "effective cooperation between powerful enterprises, supplementation of strengths" is adopted to establish full-range industrial ecologic chain of "household power supply + commercial intelligent power equipment" in the genset industry.