JINAN DIFENGSHENG INTERNATIONAL TRADE CO.,LTD.

1111#, 1- A7, Tangren Centre A, Mingshui Street, Zhangqiu District, Jinan City, Shangdong Province, China.

Tel:+86-531-83217711/83218811 /83264113 Fax:+86-531-83319113

PRICE INCREASE NOTICE

Dear customer:

Hope you are doing well.

Due to the continuous increase in the price of bulk raw materials (abrasives, resin, mesh, packaging, etc.), the cost of our products has increased significantly.

Because of the current situation, the management of the company has decided to adjust the prices of all our products for domestic sales after comprehensive consideration and repeated arguments:

A 7% increase on the original unit price for cutting products (excluding 400 and 350 series).

A 10% increase on the original unit price of our grinding products (including 400 and 350 series).

However, as has been observed, costs are still rising. Therefore, reluctantly, we will adjust the price of the product accordingly from the next order.

The new price list will be implemented from 1 November 2021 and cash received before 1 November will be subject to the original price list.

Please understand that we have made every effort to avoid an increase as much as possible. Thank you very much for your support and understanding.

We look forward to continuing successful cooperation with you for a better future.

Sincerely

JINAN DIFENGSHENG INTERNATIONAL TRADE CO., LTD.