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On August 14th 2025, our business and R&D departments participated in the Vietnam Sports Goods Expo and China Sporting Goods (Vietnam) Exhibition in Ho Chi Minh City, Vietnam.
The Vietnam Sports Expo is a national-level professional sports and outdoor goods exhibition organized by the Ministry of Industry and Trade of Vietnam and supported by the Ministry of Sports and Culture. Vietnam has a population of nearly 100 million, 70% of whom are under the age of 35. There are 25,800 tertiary schools and 179 institutions of higher learning nationwide. Vietnamese young people love sports. Since the introduction of pickleball in Vietnam, the market has grown rapidly, showing great potential for expansion and development. According to incomplete statistics, my country exports over 100,000 pickleball rackets to Vietnam each month. Vietnam is also a key country along my country's Belt and Road Initiative.
This exhibition features over 500 booths, focusing primarily on the pickleball industry chain. During the exhibition, our specialized membrane materials for pickleball rackets received unanimous praise from existing customers and attracted widespread interest from new ones. We conducted in-depth discussions and discussions regarding emerging customer needs and technical developments, and reached preliminary cooperation agreements with several pickleball racket manufacturers and brands.
Participating in this exhibition is of great significance to our "going global" development strategy. Within the pickleball industry, we consistently focus on process improvement and new product development, solidifying our position in the pickleball racket membrane material sector. At the same time, we will continue to deepen our industry chain development and deepen collaboration with upstream and downstream partners. In the future, we will continue to forge ahead with unremitting efforts, exploring and advancing the path of expanding and deepening the pickleball industry.
