Rename Announcement

In view of that the company business has been expanded to education business and printing ink business, the annual shareholder meeting was held on Nov. 27, 2020, and decided to change company name from Suzhou Kingswood Printing Ink Co., Ltd to Suzhou Kingswood Education Technology Co., Ltd., to reflect the latest business development. The details can be found from Company Press Release, No. 2020-072.