LESSO

CHINA LESSO GROUP

Envisioning the Better, Building the Future

CONTENTS

Renewing a Sustaining a Brilliant Journey Beautiful Space

Company Profile 03
History 05
Brand Strategy 07
Piping Industry 23
Building Materials and Home Furnishings Industry 25
Environmental Protection Industry 27
Supply Chain Service Platform- 29
New Energy Industry 31
Global Layout 35
Intelligent Manufacturing · 37
R&D Strength 39
Service Strength 41

Renewing

a Brilliant Journey

China Lesso is determined to embark on a renewed journey for a better life to fulfill people′ s aspirations for a better life. With longer-term enterprise development goals, broader social responsibility, and a clearer brand positioning strategy, the Group aims to improve urban construction and people' s lives.

CHINA LESSO

China Lesso Group Holdings Limited (Stock Name: China LESSO, Stock Code: 02128.HK) is a large industrial Group of home furnishings and building materials in China. Its business portfolio encompasses sectors such as pipelines, building materials and home furnishings,environmental protection,supply-chainservice platforms,andnewenergy,and others.lt providesproductssuch aspipes,photovoltaics,plumbingandsanitaryware,integralkitchenmaterials,integral doorsand windows,aluminumformworkandsmartscaffolds,waterpurifiers,water-proofing materials and sealants, fire-fighting equipment, valves, cables, lighting, hygiene materials, environmental protection items, agricultural facilities, and marine aquaculturecages.

In 2022, the Group achieved sales revenue of 30.767 billion RMB.

MILESTONE

1986

2001

Xixi Plastic Hardware Factory was established in Shunde, Guangdong.

The first subsidiary outside Guangdong Province, the Wuhan Manufacturing Base, was established in Hubei Province.

2011

Annual sales surpassed 10 billion RMB and entered the building materials and home furnishings sector.

1996

2010

LESSOwas established and registered its trademark, marking the beginning of the brand development process.

Successfully listed on the Hong Kong Stock Exchange Mainboard (stock name: China Lesso, stock code: 2128.HK)

2012 Implementation of a parent-child brand operation model

CONCEPT

Brand Interpretation

LESSO refers to the Group' s cultural philosophy of link, ease, safety, sharing, and openness. The red logo symbolizes endless life and reflects LESSO′s vitality, passion, vigor, and prosperity. lt also represents the tireless pursuit and accomplishment of growing grand prospect and career.

COMPOSITION

Brand Structure

Comprehensive Empowerment, Leading the Future

With the advancement of globalization, China Lesso implements a parent-childbrand operationmodel,establishing twocore sub-brands.Throughbrand extensions,it conquers themarket, empowerstheenhancementof industrial value,andbuildsa high-quality home life for consumers.

LESSO

LESSO Group' s Brands

LESSO联塑

LESSO领尚

* Pipes and Fittings * Valves ·Plumbing and Sanitary Ware ·WaterproofSealants * Fire-fighting Equipment * WaterproofSealants * Integrated Kitchens * WoodenDoors * Water Purifiers * Quartz Stone * Integrated doors and windows * Integrated Heating ·Integrated Wardrobes System

永葆环保

Channels and Services

·Environmental ·Environmental Consulting Assessment ·Construction ·Operations · Environmental · Environmental Equipment Supervision Manufacturing

·Professional market * Professional market development operation ·Create business * Realize resource ecosystem sharing ·Build trade service * Provide quality platform business services

LESSO联塑班皓

中油佳汇

K景兴建科

. Photovoltaic Products \ast Energy Storage Products . Development and investment \ast Technical services

* Waterproofing Products * Construction equipment

Kinghonor 霍尔新风

EAGO益高

LESSOI COCO

* CentralVentilationProducts

SanitaryWare * Residential Interior Equipment Industrialization PhotovoltaicAfter-Sales Service Technical Consulting

LESSO联塑

LESSO万嘉

* Steel-Plastic Composite Pipes * GalvanizedPipes · Photovoltaic Mounting System

* SanitaryMaterials ·EVA Photovoltaic Protective Film

BRAND VISION

Global Piping and, Building Materials Industry Group

As its globalization continues'to progress, China LESO expands itsindustry and sales network to such regions as Asia, North America, South America, and Europe.It keeps expanding itsstrategic layout and grows intoa pipeline,building materials, and home furnishings industry group whose business covers the wholecountryand even thewholeworld.It hasalso developed itself intoan ecological industrial platform of building materials and home furnishingswhichserves betterhuman environment and living spaces.

BRAND PHILOSOPHY

Building a Relaxing Life for Residents

For over 30 years, China LESSO has been adhering to the principle of “Staying people-oriented and building homes with hearts" with a focus on product quality and sustained creativity so as to create high-value products and services for society.

From pipelines to integrated homes, it creates one-stop building materials and home solutions andbuilds an easier life for global residents.

BRAND COMMITMENT

Sustaining a Healthy and Beautiful Space

High-quality building materials and home furnishingspromotegreenarchitectureforhuman well-being. lt optimizes the construction of urban infrastructure and serves the sustainable development of towns and cities. In addition, it continues to enhance the intelligent management of industry and helps with the modernization and upgrading of traditional industries. Lastly, it provides high-quality technological products and services for major national engineering projects, enabling our people to get a better living experience in a more comfortable livingspace.

BRAND SLOGAN

Envisioning the Better, Building the Future

LESSO has been working hard to create beautiful and healthy spaces. With the pipeline industry as its corebusiness,ithasreachedouttosuchindustries as building materials and home furnishings, and environmental protection It keeps innovating and making progress in channels and services, only to sustain the goodness into the future.

Sustaining

a Beautiful Space

Harmonious coexistence between people and nature, and a better space for urban development and human life are precisely the continuous development goals of China LESSO′ s major industries. By creating high-quality products and services, it releases new vitality for urban development. All these efforts aim to ensure that people have a better living experience in a more comfortable living space.

China LESSO's Five Major Industries

Pipeline Industry

Drainage and sewage pipes / water supply pipes / power communicationpipes/miningpipes/gaspipes/home decoration pipes/ firefighting pipes/ central ventilation pipes / underground utility tunnels / sponge cities / affordable housing construction/irrigationfacilities and cage culture

Supply Chain Service Platform

Building an Asian trade service platform for the new era

Building material and home

Integrated kitchens / integrated wardrobes / wooden doors / integratedsanitaryware/integrateddoorsandwindows/ intelligent home / construction equipment /waterproofing materials,sealant,coiledmaterials/wiresandcables/water purification/central ventilation system/electrical switches

Environmental Protection Industry

Water treatment, solid and hazardous waste treatment, wastetreatment,oilremediation,R&Dservices,technical consulting services, and environmental testing

LESSO New Energy

Photovoltaic products/ energy storage products/engineering services/ photovoltaic building integrated materials

Pipe Industry

China Lesso, with over 30 years of experience in pipeline production and R&D, is an enterprise with a long history of developing and producing pipes and fittings in China. It establishes an integrated service system from the selection of raw materials, product design, sampling, and production to the delivery of products, installation guidance, and after-sales service.

326+ Over 3.26 million tons of annual designed capacity

Building Materials and Home

China Lesso extends to the building materials and home furnishings industry by adhering to the corporate philosophy of “building an easy life for residents," providing integrated building materials and home solutions from design, production, installation, decoration, to service.

Environmental Protection Industry

The environmental protection industry of China Lesso involves professional services integrating scientific research, technical consulting, design, construction,andoperation,whosemultiple environmentalprotectionsubsidiariesoperate throughout China.

Specificbusinesses include environmental engineering,environmental impact and assessment, environmental stewardship,hazardous wasterecycling,wastewatertreatment,exhaust gas control, solid waste treatment, hazardous wastetreatmentanddisposal,soilremediation, environmentaltesting,technical consulting services,professional operation of environmental protectionfacilities,marine environmental protec tion,environmental protection investment,basic scientificresearch,and more.

LESSo’boasts a number of Class A professional qualifications inenvironmental protection design and consulting.

Its subsidiaries enjoy a good reputation in the environmentalprotectionindustryandwinnumerous honors and titles, such as the DirectorUnit of ChinaAssociationofEnvironmentalProtection Industry,ChinaEnvironmentalProtectionBackbone Enterprise, Guangdong Province Famous Environmental Protection Enterprises, “Abiding by Contracts, Honoring Credits" Unit and “AAA Credit"Enterprise.

Supply Chain Service Platform

Constructing A Trading Services Platform for the Future of Asia

China LESSO promotes its supply chain service platform business to overseas markets with a focus on Southeast Asia, which consists of one-stop professional exhibition halls for home furnishings products and consumer goods malls.As of 2021, its channel and service business has spread to 8 cities in 8 Asian countries.

Myanmar Yangon

CambodiaPhnom Penh

Indonesia Jakarta

Thailand Bangkok

Australia Sydney

UAE Dubai

Philippines Manila

Bangladesh Dhaka

New Energy Industry

Lesso Banhao works as an innovation-oriented enterprise on R&D, production, sale and after-sales service in the solarpower generation sector, whose business portfolio includes photovoltaic modules, energy storage products, investment development,technical services,etc.

With a focus on solar power technology, it offers energy storage equipment, engineering services, PV-storage-charging-detection energy solution and other integrated photovoltaic new energy services as well as photovoltaic new energy modules for household use, commercial use, and geomorphic ecologicalsystemssuchasdesertsandocean.

Creating

Excellent Value

A century-old brand can only be built with consistent business strategy of prioritizing high quality. China LESSO aims to create a better life for people with a higher brand value and more advanced product quality.

Global Layout

Enterprise governance

The Board of Directors of China LESSO Group consists of 14 directors,including9executivedirectors and5independent
non-executive directors.With abundant industrial experience, China
LESSo' s senior management team is specialized and committed
to providing innovative strategies for the enterprise. This brings the
Group’ s management in line with international standards, creating a more efficient and flexible management model.

China LESSO Grouphas accelerated it’s the implementationof the strategy of“going out”by establishing international sales centers,activelyexpandingitsoverseaslayout.ltisincreasingits overseasproductioncapacitytomeetthedemandsoftheinternationalmarket.

Marketing strategy layout

The Grouphasa nationwide distribution network and has estab
lished long-term strategic partnerships with 2,512 independent and
exclusive distributors.This has enabled it to provide customers with
a wide range of products and professional services in a timely and
efficient manner. It offers more than 10,oo0 quality products widely
used in home decoration, civil construction, municipal water supply
and drainage, power communication, gas, firefighting, environmental protection,agriculture, and marine culture.

Production base layout

Over 300 domestic and overseas holding subsidiaries More than 30 advanced production bases Distributed in 18 provinces and overseas countries Five overseas production bases are located in the USA, Thailand, Indonesia, Malaysia, Cambodia, Bengal, Vietnam and Philippine Islands.

Intelligent Manufacturing

Under the wave of Industry 4.0 and intelligent manufacturing, China Lesso grasps the trend of thepipeline industrybytaking the lead in digital transformation to enhance its core competitiveness.China LESSO is gradually working harderbuild intelligent factories integrating “IOT, intelligent control, and automated production." Ithasalreadycompletedtheconstructionofanautomatedproductionworkshopfor various types of products, such as PP-R water fittings,PEhot melt fittings,and PVC drainage fittings.The products are widely used in pipeline network systems for gas supply, heating, water supply, drainage, and so on.They are also used in major national projects suchas the"West-to-East GasTransmission”projectand the constructionoftheGreatBayArea,aswellashigh-graderesidentialcommunities.

With the improvement in automation, the Group sees its factories reduce staffing and optimize resource allocation to reduce energy consumption, improve comprehensive utilization rate, and more importantly, ensure the stability of product quality. Transforming from traditional manufacturing to intelligent manufacturing, China Lesso has greatly enhanced its production capacity,quality,control,resource coordination,andmore.

R&DSTRENGTH

China LESSOhas always innovated and developed with its global scientificresearch strength.Currently,ChinaLESSO has over 1,oo0 scientificresearchers and a R&D team consisting of PhDs, masters, middle and senior engineers, and industry consultants. It also has a nationally recognized enterprise technology center, a postdoctoral scientific research workstation,CNAS-accredited laboratories,the Guangdong Plastic Pipes EngineeringTechnologyR&DCenter,andotherscientificresearchplatforms.Withover 2,900 authorized patents and technologies, the Group has presided over or participated in the preparation and revision of more than 50 national, industry, and local standards, and undertaken over 20 national, provincial, and municipal-level projects.

More than 1000 scientific researchers 32 national high-tech enterprises 6 CNAS nationally accredited laboratories 2 postdoctoral research workstations 1 nationally recognized enterprise technology center
1 major oratyof plastic molin proessin techlyenteprise inGuangdong rie 1 TechnlogyInnvationAlianceof Guangdong Plastic PipeIndstry
More than 2900 patents

SERVICE CAPABILITY

" Taking quality as the lifeline, leading with technology
and aiming for customer satisfaction" is China Lesso’ s business strategy. China Lesso′ s services cover all links from pre-sales contact, sales program design, to after-sales installationguidanceandqualitywarranty.
One-stopintegratedserviceplusnationwidelogisticsnetwork:

One-stop integrated service plus nationwide logistics network

Achieving Wonderful Classics

China Lesso believes in the power of win-win cooperation, which means we believe only when all sectors of society work together to build a healthy urban environment and a better living space, can we achieve more wonderful world classics,

CORPORATE HONOR

For more than 30 years, China Lesso has been operating with great dedication and has won numerous brandhonorsandauthoritativecertificatesforitsremarkablestrength.

PARTNERS

With promising market prospects, China Lesso’ s building materials and home furnishings products enjoy a good reputation in the industry for high quality and cost-effective performance. They have also been selected by leading domestic large-scale real estate companies, such as Poly Real Estate, Greenland, China Overseas Land, Seazen Holdings, Yango, Time Property, and Leading Property, etc. These companies have maintained a stable and cooperative relationship with LESsO over years.