Thank you Note

Today, Ningbo Vickers Hydraulic Co., Ltd. is the tenth anniversary of its establishment.

We're marking this special day in a special way: no form, no substance, no celebration, no new product launches, no employee benefits.

In the past ten years, the company has been developing steadily under the efforts of Vickers. In 2012, the company moved to Xikou after strategic restructuring, which laid the foundation for the rapid development of the company. In 2017, the company completed the capital acquisition and became the holding company of Bosch Stock (300441), which created conditions for the company to grow bigger and stronger in the next step.

Here, we would like to thank Wicks employees and former Wicks employees; Thanks to more than 300 customers, dealers and suppliers; Thanks to the founders of the company, Mr. Sun and Mr. Xia; Thank you to Chairman Wang of Santa Fe Company; Thanks to Chairman Chen of Bosch Stock; Thank all levels of departments and all the support and care of our friends; Thanks to the Maitreya culture for blessing us.

We uphold the development concept of making the sky bluer. Today we are launching the world's first three-action servo vane pump, which can save more than 50% energy. On this basis, we will continue to develop and produce energy-saving and environmentally friendly hydraulic pump products to meet the needs of global customers.

New starting point, new goal. In the next 10 years, the company will be on the road to 400 million from the current sales of 100 million. Vickers people will never forget the original intention, keep in mind the mission, build the company into a world famous hydraulic pump and servo system manufacturing supplier.

Thank you very much. I wish you all success in your work, good health and all the best.

General Manager: Wang Xiuguang

November 20, 2017