NOTICE ON PRODUCT PRICE ADJUSTMENT

Dear Customers:

Thank you for your continued support and love to FOUND MOTOR!

Due to the recent sharp increase in the prices of major raw materials and accessories (aluminum, magnetic steel, copper wire, etc.), at the same time, labor costs, management costs, and the continuous appreciation of the RMB have greatly increased the production and operation costs of our company.

In order to ensure the healthy and sustainable development, provide customers with better products and services.

FROM NOW ON, ALL THE PRICES OF OUR PRODUCTS ARE SUBJECT TO THE OFFICIAL QUOTATION WITH STAMP AND SIGNATURE.

Thank you for your understanding and support.

Wish

Sincerely!

FOUND MOTOR

2020-11-28