Warmly Celebrating the 22nd Anniversary of the Friendly Cooperation between Xueda Group and Toray Industries, Inc.

In the height of summer in July, all things flourish. On July 27, Qingdao XueDa Group Co., Ltd. solemnly held a celebration marking the 22nd anniversary of its friendly cooperation with Toray Industries, Inc. Since initiating collaboration with Toray Industries, Inc. in 2002, Qingdao XueDa Group Co., Ltd. has maintained close ties and advanced hand in hand. With the strong support of Toray Industries, Inc., as well as the backing of the Party committees and governments of Jimo District and Lancheng Subdistrict and various sectors of society, XueDa Group has undergone a remarkable transformation—from small to large and from weak to strong. All employees of XueDa Group express their heartfelt gratitude for Toray Industries’ unwavering support and for the care and assistance provided by higher-level Party committees, governments, and all sectors of society. Prominent leaders attending the ceremony included Mr. Tomohiko Kataoka, Representative Director and President of Toray Industries, Inc., Mr. Norikazu Masui, Executive Director, and other distinguished guests from Toray Industries; Mr. Ma Mingqiang, Deputy District Mayor of Jimo District; Mr. Wang Jianning, Secretary of the Party Working Committee of Jimo International Land Port and Lancheng Subdistrict; and Mr. Qin Guanming, Deputy Secretary of the Party Working Committee and Director of the Office of the Lancheng Subdistrict Party Committee, among other government officials.

(Celebration Venue)

(Opening Remarks by Zhang Hao, Secretary of the Party Committee, Chairman, and General Manager of Xueda Group)

(Address by Tomohiko Kataoka, President of Toray International, Inc.)

(Speech by Ma Mingqiang, Deputy District Mayor of Jimo District)

(Chairman Zhang Hao of Xueda Group and President Tomohiko Kataoka of Toray Industries, Inc. exchange commemorative gifts.)

(Awarding outstanding employees who have made exceptional contributions to the friendly cooperation between Xueda Group and Toray International)

(Staff of Xueda Group perform the folk song “Don’t Go”)

(Staff of Xueda Group sing “Friends” in chorus)

(Staff of Xueda Group perform “Tai Chi Fan”)

(An international guest from Toray performs “I Love Beijing’s Tiananmen”)

(Thank-you Address by Director Zhang Shian, Founder of Xueda Group)

Over the past 22 years, Xueda Group and Toray International have continuously strengthened their cooperation and exchanges, relentlessly developing innovative new textile and apparel products. The volume of collaborative orders has grown steadily, and as this deepened partnership has unfolded, both companies have seized new opportunities for development and gained greater room to expand. Looking ahead, Xueda Group will remain humble and eager to learn from its customers, continually introducing new products and technologies in response to customer needs and market demand. We will focus on digitally, automatically, and intelligently transforming our production, operations, and management, while further bolstering the development of Xueda’s overseas base in Cambodia—Dongsheng Company. Our goal is to flawlessly fulfill all customer order commitments and strive to become an outstanding partner factory for Toray International. Moving forward, Xueda Group and Toray International will ground our collaboration in China while keeping a global perspective. With Toray International’s unwavering support, under the strong leadership of the Jimo District Government, Jimo International Land Port, and Lancheng Subdistrict, and through the diligent efforts of all our employees, Xueda Group is confident that we will achieve healthy, rapid growth. And our continued partnership with Toray International over the next 22 years, 50 years, or even 100 years will surely yield ever more abundant results!