For the specialty grease segment, we have entered into an investment cooperation with Shenzhen Hecheng Lubricating Materials. The parent company in China, Shenzhen Hecheng Lubricating Materials Co., Ltd., was established in 1994 and is a high-tech enterprise specializing in the R&D, production, sales, and service of specialty lubricants (greases). The company’s lubricating grease products are widely used in various industries such as automotive components, precision bearings, electromechanical products, electronic appliances, and special assembly machinery parts. The company boasts modern plants, industry-leading production equipment, an internationally advanced lubrication laboratory, and comprehensive bench testing equipment. It is capable of producing and supplying over 3,000 types of lubricating greases. The company’s products have obtained multiple environmental standard certifications from the EU and the United States, and they enjoy a high reputation and strong credibility in the lubricating grease sector in China.

Grease for electric tools such as electric hammer/angle grinder/electric wrench/electric drill/electric nail gun/garden tools…