Shuhua Sports Co., Ltd.

Shuhua Sports, a leading provider of fitness equipment and sports health solutions in China, was founded in 1996 with a registered capital of 361.499 million yuan. It was listed on the main board of the Shanghai Stock Exchange in 2020 (stock code: 605299.SH). Shuhua has four major production bases and two major operation centers (Shanghai and Quanzhou) across the country, with a total scale of 450,000 square meters; it has established nearly a thousand online and offline sales and service integrated channels, and its global business involves more than 70 countries and regions in Europe, the United States, the Middle East, and Southeast Asia. In 2017, Shuhua was rated as a "National Sports Industry Demonstration Unit" by the State Sports General Administration; from 2017 to 2018, in the annual evaluation of the "Top Ten Enterprises in China's Light Industry Fitness Equipment Industry", Shuhua ranked first in the industry for two consecutive years. Shuhua adheres to the development idea of ​​"intelligent products, sports entertainment, and sports science", and cooperates with domestic and foreign authoritative institutions and experts such as Shanghai Institute of Sport, Beijing Sport University, Chengdu Institute of Sport, Zhengzhou University Institute of Physical Education, China Sports Science Society Sports Medicine Branch CASM, American College of Sports Medicine ACSM, etc., and builds a joint laboratory with the Guangzhou Branch of Süd Certification Testing (China) Co., Ltd. to jointly commit to sports science and product research. The products cover the fields of home fitness, commercial fitness, national fitness, physical training, senior fitness, campus sports and other solution products and training services, commercial space props and other fields. At present, Shuhua has obtained 219 national patented technologies, and has led and participated in the formulation of nearly 30 national and group standards. All along,