# Hailiang Group and Zhejiang Hailiang Co., Ltd. Profile Founded in 1989, Hailiang Group has seized the opportunity of China’s reform and opening-up, leveraged the first-mover advantage of Zhejiang Province, and pooled the strength of united efforts, growing into a model of Chinese private enterprises that have developed from small to large and from large to strong. The Group’s management headquarters is located in Binjiang District, Hangzhou, with over 26,000 employees, its industrial layout covering 13 countries and regions, and its marketing network extending globally. As a Fortune Global 500 company, Hailiang Group has been listed among China’s Top 500 Enterprises for 22 consecutive years and ranks 23rd among China’s Top 500 Private Enterprises. Its subsidiary, Hailiang Co., Ltd., has 23 production bases in Asia, America, and Europe, and is a benchmark and leading enterprise in the global copper tube processing industry; Hailiang Education is a benchmark in China’s private basic education sector. In recent years, adhering to the development philosophy of "pursuing corporate benefits while striving for social merits", Hailiang Group has optimized its industrial structure for high-quality development, focused on three core fields: education, intelligent manufacturing of non-ferrous materials, and ecological agriculture, and is committed to providing "Hailiang Solutions" for people’s better life. Zhejiang Hailiang Co., Ltd. is a core industrial subsidiary of Hailiang Group Co., Ltd. Established in 2001, it has been dedicated to the R&D, production, sales, and service of high-quality copper products, conductor new materials, and aluminum-based new materials. The company was listed on the Shenzhen Stock Exchange on January 16, 2008, with the stock code: 002203. It is a benchmark and leading enterprise in the global copper tube and rod processing industry. As of December 31, 2024, Hailiang Co., Ltd. had total assets of RMB 44.48 billion and net assets attributable to shareholders of listed companies of RMB 14.366 billion. In 2024, the company achieved a total operating revenue of RMB 87.545 billion and a net profit attributable to shareholders of listed companies of RMB 703 million. The core products of Hailiang Co., Ltd. mainly include copper-based materials such as copper tubes, copper rods, and copper foils, covering thousands of grades and tens of thousands of specifications. These products are widely used in fields such as air conditioners and other home appliances, equipment and machinery, ships, electric power, new energy vehicles, energy storage, photovoltaics, wind power, semiconductors, and 5G communications. In recent years, the company has continuously launched high-end products such as high-efficiency internally threaded copper tubes, new copper alloy tubes, and environmentally friendly lead-free precision copper rods, steadily optimizing its product structure.