Recently, due to the acute shortage of epidemic prevention supplies, demand for nonwoven materials has continued to surge, attracting speculative capital that has flocked into the market to grab a share. This has subsequently triggered a series of industry disruptions, including price speculation and other irregularities. Faced with the current situation, Nobang Co., Ltd., as a sizable publicly listed company, must not only remain calm but also take proactive measures. We will firmly uphold the following four basic principles:

First, we will firmly commit to never selling nonwoven materials to speculators or intermediaries, and will not fuel the speculative frenzy.

Second, we will continue to focus our services on existing customers, major brands, and large-scale clients, firmly upholding the core principles of our business operations.

Third, amid continuously rising demand and raw material prices, we remain committed to quality above all else—never cutting corners or using substandard materials. We maintain strict quality control and consistently meet the quality standards set by both our customers and ourselves.

Fourth, under the current situation of unstable raw material prices, we will adhere to the principle of adjusting prices only to offset rising raw material costs and will never engage in price gouging.

During this special period, we will remain vigilant and give top priority to the significant risks and crises lurking behind the current robust growth in both production and sales. We will stay true to our original aspirations and core values, embracing both opportunities and challenges. Our primary goal is to safeguard the interests of our cooperative clients and partners and ensure the healthy development of our enterprise, thereby further enhancing our industry standing and influence. Guided by the philosophy of “Building a company that earns society’s respect,” we will continue to contribute modestly to the healthy and sustainable development of our industry.