On March 30, 2005, the predecessor of Pangoo Group, Tsinghua Tongfang of Hong Kong, was founded. At the same time, Pangoo brand TV and its surrounding products were born.

The company's first order for 2000 LCDTVs was signed in Australia.Overseas sales exceeded 60,000 units in December, setting the fastest growth record for Chinese companies in overseas LCDTV market.

Registered the Pangoo trademark in Germany and Australia.

Pangoo global R&D and manufacturing center in Shenzhen was officially established.

LCDTV sold more than 5 million worldwide, acquired the German company teknihall and set up a global design center in Germany, subsidiary in UK was established.

With the blessing of the former Australian prime minister John Winston Howard, more than 200 VIPs and the media, Pangoo announced its official return to China at the Shanghai World Expo. Pangoo was the 2010 Shanghai World Expo franchise third-party production enterprise.

Pangoo acquired Pangoo Youpin e-commerce platform which annual revenue was more than 30 million.

Successfully invested and incubated of more than 20 e-commerce companies and integrated a large number of e-commerce customers and resources, have established a partnership with JD.co., Paidai, etc.

Started to invest, build, operate the e-commerce park, Pangoo e-commerce park project in Linyi, Shandong was implemented.

Invested the construction of Pangoo e-commerce park in Huizhou, Guangdong, a successful replication of Shandong's experience.

Projects in Chifeng, Tai'an, Nanchong and other places were implemented, and the first Internet+ e-commerce project was implemented in the most potential Shenzhen Bay Eco-Plaza.

Pangoo e-commerce park at Shenzhen bay eco-scientific park was officially launched.

The first 'Meet Magento, Meet Pangoo International E-Commerce Forum' was successfully held, Pangoo was awarded as the standing vice president enterprise of the Guangdong-HK- Macao bay area entrepreneurs union, Pangoo Group president Dennis Chen was titled as the standing vice chairman of the Guangdong-HK- Macao bay area entrepreneurs union.

The introduction of cross-border e-commerce integrated service system and one-stop solution. The service capacity was significantly improved. At the same year, the Germany-China Pangoo sister e-commerce park (Frankfurt branch) launch ceremony was held in Frankfurt, Germany. President Dennis Chen was invited to attend the “Eco Forum Annual Global Conference Guiyang 2018” as a leading guest representing the 100-member green industry development conference and gave a keynote speech on 'Telling Chinese stories in a language the World understands', which was reported by local media.

Joint investment with Shekou to build Fuyong e-cool cross-border e-commerce park, the first domestic park with the characteristic of cross-border e-commerce.

Pangoo Group, headquartered in Pangoo cross-border e-commerce park, created a one-stop cross-border e-commerce integrated service system with “overseas after-sales service, overseas warehousing, window of China, U-butler and cross-border e-commerce park” to enable Chinese manufacturing industry going abroad.

Pangoo Group upgraded and expanded the Belgium warehouse, opened a new repair warehouse of 16,000 square meters in Dietzenbach, created a new teknihall after-sales service platform (rrr.teknihall.cn) which provides a perfect overseas online after-sales service with convenience and efficiency, constructing an exhibition hall for window of China which aims to create a never-ending exhibition hall for Chinese brands to develop more overseas offline sales channels.

Please translate the following content into English: The group has added new cross-border e-commerce industrial parks in North China, Northeast China, Pearl River Delta, East China, Central China, and the Yangtze River Economic Belt regions.

The following is the translation: Window of China's offline physical showrooms have officially opened for business in Frankfurt and Munich.