Tianfu (Cayman) Holdings Limited (the “Company” or “we”, together with its subsidiaries, the “Group”) is a leading traditional Chinese tea products enterprise in the People's Republic of China (“China”), engaged in the sales and marketing of various types of tea products and the development of product concepts, flavors and packaging designs. Our main products are tea, tea food and tea utensils, and we sell these products through a nationwide network of our own and third party retail stores and specialty stores. The company has successively won the title of “2024 Chinese Tea Industry “Company of the Year” by Forbes and “2024 Top 10 Chinese Tea Enterprise Brands” by the China Tea Brand Value Evaluation Working Group. The company received the titles of “2024 Key Tea (formerly Top 100) Enterprises” and “China's Top 100 Tea Industry Enterprises” by the China Tea Distribution Association every year from 2013 to 2024. The company was selected by the China Tea Distribution Association as “Tea Industry Ivy League Enterprise”, “2024 Tea Comprehensive Competitive Strong Enterprise”, “2022 Tea Industry Market Competitiveness Benchmark Brand”, “2023 Comprehensive Strength Leading Tea Company”, and “2023 Key Tea Company”. According to data from the China Enterprise Brand Research Center, Tianfu was selected as number one in the 2019 China Tea Chain Brand Strength Index. The “Tianfu” brand is one of the brands with the highest brand awareness among Chinese tea product consumers. The company was also awarded “Zhangzhou Time-honored Brand”, “Zhangzhou Industrial Chain Supply Chain Quality Empowerment Pilot Unit” and “2nd Zhangzhou Municipal Government Quality Award” by the Zhangzhou Municipal Government, and “2022 Outstanding Economic Contribution Enterprise” by the Zhangpu County Government, respectively. Mr. Li Ruihe, Chairman of the Board of Directors, received the honorary title of Outstanding Chinese Tea Man (Lifetime Achievement) in November 2020 and was named one of the influential figures in the tea industry in 2022 by the China Tea Association and the China Tea Industry Alliance. The Group's tea mooncakes have been awarded the honorary titles of “Gold Medal Mooncake” and “Chinese Famous Cake” for five consecutive years from 2016 to 2020. The Group's tea mooncakes also won the first prize of the 2019 Chinese Mooncake Quality Award and the honorary titles of “Gold Medal Mooncake” and “Chinese Famous Cake” at the 28th China Mooncake Festival in 2022. The company also won the “National Product and Service Quality Integrity Demonstration Enterprise” and “National Consumer Quality and Reputation Guarantee Product” awards from the China Quality Inspection Association.