On November 5th, 2021, “the signing ceremony of Meide Group's acquisition of Shandong Chenhui Electronics Technology Co.,Ltd” was held in Tai'an, Shandong. Mr. Kong Linglei, the Chairman of the Board of Directors of Meide Group, Mr. Liu Yong, Mr. Qi Xiaoyu, Mr. Chang Cheng, Mr. Hu Wenyou, the Vice Chairman of the Board of Directors of Meide Group, and Mr. Wang Xueshui, the former Chairman of Shandong Chenhui Electronics, Mr. Zhang Junzhao the General manager of Shandong Chenhui Electronics, etc attended the ceremony. Under the witness of the guests, Meide group announced the acquisition of Shandong Chenhui Electronics Technology Co.,Ltd.

      Mr. Hu Wenyou, the Vice Chairman of the Board of Directors of Meide Group, and Mr. Wang Xueshui, the former Chairman of Shandong Chenhui Electronics signed the contract on the spot, formally announced the successful acquisition of Meide Group and Shandong Chenhui Electronics.

      Mr. Kong Linglei, the Chairman of the Board of Directors of Meide Group, made an important speech. In his speech, Mr. Kong pointed out that Meide Group, as a “GLOBALIZATION, WORLD-CLASS, INTELLIGENCE, FRONTRUNNER” enterprise in fluid transport field, acquired Shandong Chenhui Electronics, which is the major milestone in the development history both of them. And it is a solid step taken by the group in digital transformation following the production transformation, management transformation and market transformation. Shandong Chenhui Electronics as a healthy development of instrumentation enterprises, the cooperation with it is a complement for the pipeline fluid field metering part for Meide group, which is the rich and extension of past "transport → control" products. We believe that the advanced management mode, strong cash strength and strong market expansion ability of Meide Group will play a huge role in promoting the development of Chenhui Electronics and promoting it into the fast track of development. Hope "Meide, Chenhui" be a family, in order to build the group as a unique leader, one heart and one mind, hand in hand to forge ahead, to meet new opportunities, create new development!

      Mr. Wang Xueshui, the former Chairman of Shandong Chenhui Electronics Technology Co.,Ltd, made a speech and expressed sincere thanks to Mr.Kong Linglei, Mr. Hu Wenyou and other leaders attending the ceremony. He believes that Shandong Chenhui Electronics will move towards a more brilliant tomorrow under the strong leadership of Meide Group in the future!

      【Note】 Shandong Chenhui Electronics Technology Co.,Ltd, founded in 2006, is a research and development production national high-tech enterprises in the integrated of intelligent water meter, electric meter, gas meter, heat meter. In recent years Shandong Chenhui Electronics has been identified as Shandong Gazelle enterprise, Shandong province specialization special new enterprise, Shandong province engineering technology research center, Shandong famous brand, top 10 enterprises of China intelligent water meter comprehensive strength,as well as some other provincial and municipal honorary. In this October, Chenhui obtained three certifications from China Tel Laboratory at the same time, which is the first water meter R&D enterprise in the same industry in China to achieve this.