Nova and Finco (Wuhan) Environmental Protection Technology Co., Ltd. recently signed a provincial agency contract. Based on the fact that Nova has stable quality and high-standard AdBlue® catalyst reducing agent manufacturing conditions and provides the most optimized advanced technology, Finco (Wuhan) Environmental Protection Technology Co., Ltd. selected Nova as its AdBlue® partner. Finco Environmental Technology stated that Nova has always been in the leading position in the Asia-Pacific region in AdBlue® production technology. After the two parties signed a cross-licensing contract, each other's market layout has become more complete.

In mainland China, with the recent issue of global air pollution regulations, exhaust emissions have been formulated in accordance with the National IV and National Five standards. In the past few years, mainland authorities have significantly reduced exhaust pollution caused by vehicles by introducing low-polluting fuels and implementing stricter exhaust emission standards. All major heavy-duty trucks and commercial vehicles in mainland China are following the National IV emission standards and purchasing standard vehicles. They have also developed exhaust gas catalytic technology to reduce emissions and make them comply with emission standards. The report also pointed out that among China’s 500 large cities, less than 1%To meet the air quality standards of the World Health Organization, the Ministry of Environmental Protection of the Mainland announced that after environmental pollution occurs, pollution damage must be quantitatively assessed immediately to determine the specific amount of pollution damage, and it is expected to seek compensation from the companies that caused the pollution damage. This also provides pressure and motivation for local governments to deal with environmental pollution.

Nova has signed a provincial contract with Fenko (Wuhan) Environmental Protection Technology Co., Ltd. from now on. Both parties have a consensus on emission reduction and purification of diesel engines, so they work together to operate the market. The main supply target is Wuhan and Hubei Province. Its operating routes account for almost all of China's economic vitality. It is the second largest international metropolis in China after Shanghai. Its prosperity ranks among the top in Asia. It has a residential structure and urban culture that blends China and the West and embraces all rivers. It is known as the "Chicago of the East". Nova Chairman Yang Lianzhi also said that the global air pollution caused by diesel engines should not be underestimated. It is a great honor to grow together with the Hubei market and look forward to the future. The demand for AdBlue® in the mainland market will continue to emergeProsperity.

Nova is the first company in Asia-Pacific to invest in the production and manufacturing of AdBlue®. It has decades of rich experience and is also the first company to have the VDA license from the German Automobile Industry Association.It is a company certified by QMC and American Petroleum Institute API, and has obtained ISO 9001 & 14001 dual certification. The quality has passed the SGS test. For stable quality and fast supply efficiency, we hope to successfully replicate these decades of successful experience and business opportunity model in the Chinese and global markets in the future. Nova will continue to meet customer needs and take its mission to find a vast and clean blue sky for the earth. In addition to continuing to develop and maintain its customers around the world, it also continues to actively develop innovative technologies and optimized services, so that Nova and each partner can follow a common "concept" to grow and use these innovative technologies and optimized services to create a win-win situation for the business landscape.