Recently, the Department of Industry and Information Technology of Guangdong Province released the "Notice on the Announcement of the List of Specialized and Sophisticated Small and Medium-Sized Enterprises for 2023 and the List of Enterprises that Passed the 2020 Review." Luoding Hongda Civil Explosives Co., Ltd. (hereinafter referred to as "Luoding Hongda") has been awarded the title of "2023 Specialized and Sophisticated Small and Medium-Sized Enterprise" for its outstanding innovation and research capabilities.

The "Specialized and Sophisticated" program is a national initiative aimed at guiding small and medium-sized enterprises (SMEs) towards specialization, refinement, distinctiveness, and innovation. It seeks to enhance their independent innovation capabilities and core competitiveness, thereby improving the quality and level of SME development. Luoding Hongda's selection as a Specialized and Sophisticated SME is a recognition of the Company's innovation and technological prowess by the Department of Industry and Information Technology of Guangdong Province. It also acknowledges the Company's potential for future development, marking the beginning of a new journey in innovative growth.