Raon Tech Co., Ltd.

Raon Tech has begun its full scale endeavors to go global starting from the Japanese market that has suffered shortage of electricity and lack of the supply of parts since 2011.   The Company took an order of 4 large-capacity generators (with an output of 1500kW respectively) from a large Japanese beverage company, amounting to a total of USD2.2 million, and will have successfully supplied by July this year.  This instance was noteworthy as it was an export of finished products to Japan which is the country that boasts of its highly advanced generator technology. Especially, its low-noise, low-pollution generators have been developed by its own technology and has won favorable responses in the domestic market; furthermore, their elegant design and high quality are very suitable for the Japanese market, where a succession of inquires have arrives following the shipments.   In addition, the Company has concluded a contract with the largest electronics and electric appliance maker in Japan, Hitachi, for the supply of a 100kW generator, which is scheduled to ship in September, and expects to receive more orders in the future. Mongolia since 2011 and has advanced into such Southeast Asian countries as Myanmar, and it has entered into agency contracts with distributors in Tokyo and Osaka of Japan, UAE, New Zealand, and Australia for more active marketing and promotional activities.