Press release

Qlight Begins Construction on the Qidong Factory, China

Sponsored by Businesswire

Qlight Shanghai Electronics started construction of a new factory in
Qidong, China on September 25, 2018 in order to support continued market
competitiveness for increasing sales demand.

The plant is located in Qidong Binghai Industrial Park in Jiashan City,
Jiangsu Province, and covers an area of 13,300 square meters and a land
area of 12,500 square meters. The plant is ideally located a short
distance from main expressways, ports and airports. The driving distance
is approximately an hour away (53km) from Pudong, Shanghai. The
industrial park also includes numerous self-sufficient facilities which
make it an excellent location for plant operation and attracting a
highly talented work force.

Qlight’s new factory will be equipped with advanced production quality
and logistics systems such as an automated inspection system as well as
a product lifetime and reliability laboratory. These new facilities will
help Qlight cope with the rapidly growing demand in China through
efficient site management.

The CEO of Qlight Heon-gil Choi says, “The Qlight Qidong factory will be
the largest in the industrial signaling industry with the latest
production and management technologies” and “It is expected that the
sales in China which has been increasing tremendously by 25-30% for the
past few years will continue to increase by up to 300% after the Qidong
factory begins operation.”

The factory is due to be completed in October, 2019 and start production
in the last quarter of 2019.