Dear Valued Customers, Distributor/Agents and Provincial Sales Office:

Thank you for your long-term support and cooperation with us.

Due to the continuous increase of raw material prices and labor cost (Such as: motor, electrical materials have been increased more than 30%, cast iron materials increased more than 15%), which caused our operating costs have been increased heavily and it is no longer possible to guarantee the break-even sales. In order to ensure further improvement of our product quality and service, and guarantee the company operation normally, After the company's research and decision, from July 1^st, 2018, the price of all company products will be increased 10% in principle. For the price of specific products after adjustment, please contact our regional sales manager.

In order to ensure the validity of some of the ongoing orders, the orders signed before July 1^st, 2018, and the deposits received before July 1^st as well, the price will keep unchanged.

From July 1st, all orders will be executed based on the new price.

Thanks for your support and cooperation.

Guangdong Fushan Technology Co., Ltd

June 21^st 2018