Zhejiang Ruiyuan Intelligent Control Technology Company Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020

Zhejiang Rui Yuan Intelligent Control Technology Company Limited, formerly Ningbo Wanhao Holdings Company Limited, is a China-based investment holding company principally engaged in the development and trading of controller systems. The Company operates through two segments. Controller Systems for Consumer Electrical and Electronic Appliances segment is engaged in the sales of small electrical appliances. Its products include tablet computers, materials for the motherboard of electronic devices, heavy motorbikes, routers, advertisement displayers and financial terminals, among others. Controller Systems for Mobile Phones segment is engaged in the sales and assembly of mobile phones. The Company operates businesses in China, Hong Kong and Vietnam.