Lida Holdings Limited

Lida Holdings Limited ("Lida" or the "Company"), established in 2001 and headquartered in Fujian province, is engaged in the development, manufacture and sales of piston-type, screw-type and scroll-type air compressors as well as other accessory products. The Company markets these products under three self-owned brands, "Lida", “Luowei” and "IntLand", through an extensive network of Chinese and overseas distributors. The Company’s products cover a broad spectrum of commercial and industrial applications across the construction, automotive, chemical and medical industries. Lida is also among very few Chinese companies with proprietary know-how and capability to produce scroll-type air compressors, which are lighter, quieter and more energy-efficient than their piston and screw-type counterparts. Through continuous product development and innovation, the Company has established a leading market position with strong brand awareness in China.