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Further Price Adjustment Announcement


FURTHER PRICE ADJUSTMENT ANNOUNCEMENT

Apr.26th, 2021

Due to several global events, significant continuing freight rates and raw materials cost increase have substantially impacted on polymer additives. In due response to that and in order to guarantee the high-quality supply and service for our customers, Rianlon Corporation announced today a price increase of up to 20% depending on products and regions. The new prices will be effective immediately, or as contracts allow.

We much appreciate the long-term support and understanding from our customers and business partners on the current special situation. As always, Rianlon is committed to providing the best products and services on anti-aging solutions.

· ABOUT RIANLON

Rianlon is a major solution provider of anti-aging additives and application technologies for polymer materials. Our product portfolio includes antioxidants (RIANOX®), light stabilizers (RIASORB®) and U-pack® which is customized blending formulation to provide one-stop anti-aging solution. Rianlon is a government certified “National High-tech Enterprise”. Rianlon is also the first publicly listed company in the Chinese anti-aging additives industry, stock symbol: 300596. Rianlon commits itself to the mission of creating value for customers and stays focused on anti-aging technologies for polymer materials. We are strengthening technology innovation and global network so as to make contribution to the advancement of technology for global polymer materials.


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