HENGSHI FIBERGLASS and KOLOĞLU GROUP

HENGSHI FIBERGLASS and KOLOĞLU GROUP PARTNERSHIP: INVESTMENT DECISION FOR COMPOSITE SECTOR FABRIC PRODUCTION IN TURKEY We are pleased to announce to the public that, as China Hengshi Foundation Co. Ltd, a principal supplier to the world's leading wind energy manufacturers, we have decided to establish our third production facility in İzmir in partnership with Koloğlu Group, following our existing operations in the People's Republic of China and Egypt. Turkey's demonstrated progress and potential in the composite sector, particularly in wind energy, automotive, defense and marine applications, have been decisive factors in our investment decision. We will provide you with detailed information on all products and services we will offer to the composite sector in the shortest possible time. We wish success for Turkey's composite sector and our company. Respectfully, KoloğluGroup