On the Best Under A Billion (Asia 2020)?recently issued by Forbes Asia, Maxvision Technology (002990) is among the 56 Chinese enterprises.

Best Under A Billion (Asia 2020) issued by Forbes Asia contains 200 enterprises in the Asian-Pacific region and with an annual income of USD10 million to USD1 billion, a final sales volume smaller than USD1 billion and a great earning growth record selected from 18,000 candidate enterprises.?

Overall?rating of the 200 listed enterprises on the list was done with data including the liabilities, sales volume, growth rate of earnings per share in the last one fiscal year, growth rate of earnings per share in the last three fiscal years, average one-year return on equity and average five-year return on equity of each of these listed enterprises. The numeric data referred to the latest annual results by July 7, 2020 given by FactSet. Other?researches were all done by Forbes Asia. These 200 listed enterprises selected had long-time excellent performance in line with related criteria. By means of quantitative analysis and qualitative analysis, Forbes Asia eliminated each enterprise with any major quality problem, abnormal audit result, environmental protection problem or legal case and each state-owned enterprise and its subsidiaries (if any).

(Some enterprises on Best Under A Billion (Asia 2020) issued by Forbes Asia ?Source: Forbes China)??

The selection criteria for overall ranking included sales volume, income growth level, liability level and management performance. we had good performance in these aspects and was successfully selected for list of the Best Under A Billion (Asia 2020).

As a leading enterprise in the smart port filed in China, we have been specialized in providing smart port inspection system overall solutions and corresponding intelligent products. Our overall solutions have been used in nearly 30 ports in China, serving hundreds of millions of passengers each year; we have expanded our business to the intelligent transportation field the smart airport field.

Since?outbreak of the COVID-19 epidemic, we have adjusted and upgraded our products and strategies quickly, responded to needs of the country and the society actively, given full play to our leader position in fields including smart ports, smart customs, intelligent frontier inspections and so on and assisted airports, customs and frontier inspection authorities in updating and upgrading inspection products for better epidemic prevention and control, gaining recognition by customers and the public.

While maintaining our advantage in the smart port field that is our main business, we will expand our business to other intelligent system fields, develop the overseas market, optimize the overseas business layout of our products and services and create a good image as a national brand of China.

Meanwhile, we will continually adhere to our vision that ¡°Be world-class information system service supplier and intelligent product supplier¡±,?facilitate the smart port informatization in China, operate faithfully, abide by the market laws, be specialized in industry development and create great values for our long-time shareholders.