Trio Industrial Electronics Group Limited (the “Trio Group”) was established in 1983. With over 40 years of experience in the power supply manufacturing industry, Trio Group has established a strong reputation as a reliable supplier for various internationally renowned brands. In addition, during 2023, Trio Group was recognized as the Most Outstanding Industrial Electronics Manufacturer of the Year by Hong Kong Commercial Times. Trio Group’s contributions and achievements present a successful case in the Hong Kong industrial development.

As the global energy transformation and environmental protection policies are evolving more in depth, Trio Group has expanded its business footprint. The entry of Deltrix charging solution brand into the Central Asian markets exemplifies a classic case of Hong Kong enterprise implementing the 'Belt and Road' initiative. I am honored to see Trio Group established a strategic partnership with Sinooil, and successfully set up the first EV charging station which installed with Deltrix products. This collaboration poses a profound and positive impact on our overall strategic planning in Central Asia. Deltrix will continue to capitalizing on market opportunities, aligning with China's “Belt and Road” initiative for swift expansion in the region. In addition to Central Asia, Trio Group is gaining foothold in Hong Kong, Macau as well as South East Asia and other markets through the provision of one-stop EV charging solutions, with an aim to establish a “Greater Asia Renewable Energy Business Circle” (「大亞洲新能源業務圈」).

Two new production buildings, adjacent to the existing production factories in Nansha, Guangzhou, have been in operation since May 2023. These new facilities not only enhance production efficiency and expand production capacity, they also free up more space for EV chargers’ production. The Group also decided to expand its production in Thailand and leased a new factory of approximately 3,000 square meters near the existing production site, in order to enhance its production capability in the region and maintain our competitive edge in the industrial electronics industry.

Trio Group adheres to the policy of sustainable development, and I will continue to enhance Trio Group’s work culture, including innovation, cooperation and professionalism. These valuable qualities enable the Group to stand at the forefront of an ever-changing market. The Group would keep acquiring and recruiting outstanding talents and professionals to create an even brighter future with us.

I sincerely appreciate our board of directors and all employees for their contributions to Trio Group, as well as all shareholders, investors, customers, suppliers and partners for their continued support.

So described as “Inherit the past and open up to the future” (「承先啟後，繼往開來」), with all your kind support and trust, I am confident that we together will lead the Trio Group to the next milestone.