Shenzhen Zhaowei Machinery & Electronic Co., Ltd. Approves 2020 Profit Distribution Plan At Its Annual General Meeting Held on April 27, 2021

Shenzhen Zhaowei Machinery & Electronic Co Ltd is a China-based company mainly engaged in the research and development, production and sales of micro-drive systems, precision injection molded parts and precision molds. The Company's main products are micro-drive systems, precision injection molded parts and precision molds. Its micro-drive systems include products such as the smart phone camera lifting module, electric curtains, automotive electric tailgates, facial cleansers and smart locks. Its products are mainly used in communication equipment, smart phones, automotive electronics, smart homes, service robots, personal care, medical equipment and other fields. The Company conducts its businesses within the China market and to overseas markets.