Warm congratulations to our company on passing the 2022 Shandong Province Gazelle Enterprise Evaluation

According to the spirit of the "Management Measures for the Recognition of Gazelle and Unicorn Enterprises in Shandong Province" (Lu Gong Xin Fa [2020] No. 8) and the "Notice on Carrying out the Cultivation and Recognition of Shandong Province's" Specialized, Refined, Special and New "Small and Medium sized Enterprises and Gazelle and Unicorn Enterprises in 2022", the Provincial Department of Industry and Information Technology organized the cultivation and recognition of Shandong Province's Gazelle and Unicorn Enterprises in 2022.

After voluntary application by enterprises, recommendation by the competent departments of small and medium-sized enterprises in various cities, expert evaluation, third-party credit rating, due diligence of gazelle enterprises, joint final review and other procedures, it is proposed to determine Qingdao Dralon Refractory Materials Co., Ltd. and other 580 enterprises as provincial gazelle enterprises for the year 2022 (see Annex 2). This is hereby announced.

Congratulations to our company for passing the 2022 Shandong Province Gazelle Enterprise Review and making it public.

(Currently, there are over 100 companies in Qingdao, including about 30 gazelle enterprises in Jiaozhou.)

"Gazelle enterprises" refer to small and medium-sized enterprises that enter a high growth period supported by technological innovation or business model innovation. The scope of recognition mainly includes industries that conform to the national and provincial strategic development direction of emerging industries. Highly innovative and developing at an increasingly fast pace, it resembles a high-tech enterprise that excels in jumping and running like a gazelle. High growth enterprises share the same characteristics as "gazelles" - small size, fast running, and high jumping. These enterprises not only can easily exceed their annual growth rate by one, ten, a hundred, or a thousand times, but can also quickly achieve IPOs. The more gazelle enterprises a region has, the stronger its innovation vitality and faster its development speed.

Qingdao Dralon Refractory Materials Co., Ltd. will continue to uphold the company philosophy of "using good character and producing good products", and continue to provide the highest quality products and services for customers in the casting industry!