Zhejiang Dayuan Pump Co., Ltd., established in 1990, is a leading Chinese enterprise specializing in pump research and development, and the parent company of Hefei Shinhoo New Energy Co., Ltd. .Recently, Dayuan Pumps was awarded the highest grade of “A” for information disclosure by the Shanghai Stock Exchange for five consecutive years (2019-2023) in the Shanghai Stock Exchange's annual evaluation of information disclosure of listed companies for 2022-2023. This achievement underscores the Company's commitment to excellence in corporate governance, compliance and transparency in financial reporting.

The accolade comes amid stricter evaluation criteria introduced by the SSE in August 2023 under its revised Self-Regulatory Guidelines for Listed Companies No. 9. The updated guidelines raised the threshold for achieving an "A" rating, reflecting heightened regulatory expectations under China’s registration-based IPO system. Despite these challenges, Dayuan Pump’s consistent performance highlights its alignment with evolving market standards and robust internal governance practices.

A spokesperson for Dayuan Pump stated, "This recognition reaffirms our dedication to high-quality development and investor trust. We will continue to prioritize transparent communication, refine our governance framework, and strengthen engagement with stakeholders to safeguard investor interests."

Looking ahead, the company aims to sustain its leadership in operational efficiency and disclosure quality while fostering long-term value creation in the capital markets.