On January 9, 2020, Guangdong Topstar Technology Co., Ltd. (abbreviated as Topstar) and MS Group of Germany signed the "Asian General Agent Agreement" at the headquarter of Topstar.

Mr. Wu Fengli, Chairman and President of Topstar, Mr. Thomas Schulz, CFO of MS Group, Mr. Xiong Shaolin, General Manager of Topstar Automotive Equipment Division, and senior representatives from both parties attended the signing ceremony.

According to the agreement, the two parties will start a five-year cooperation in automotive, 3C, medical, packaging, and new energy to create a new technological cooperation model in the field of welding. Mr. Wu Fengli, Chairman of Topstar said that, based on Topstar’s accumulated good reputation over the past 10 years and a sound sales network in Asia, he is full of confidence in the cooperation with MS Group in Germany. Both parties agreed that through the sharing of technology and market, Topstar will provide customers with international-level welding solutions, while enhancing MS's brand influence and achieving win-win cooperation.

German MS Group was founded in 1965 and has 480 employees. It is a leading full-service provider in the field of global ultrasound technology. It has the world's leading plastic welding, cutting and metal welding technology in the fields of automotive, 3C, medical, packaging and other fields.

Topstar Automotive Equipment Division is a one-stop solution integrator for auto parts process automation, providing automation solutions with the same quality standards as German equipment.

According to the agreement, the Automotive Equipment Division will cooperate with MS in plastic welding, cutting and metal welding, and will build product showrooms and application laboratories in the Asian region in Dongguan and Suzhou, and strive to improve core technologies such as welding and cutting. .

Topstar will use high-quality welding and cutting technology integration to help customers achieve process upgrades, achieve better economic benefits and product upgrades, and achieve the brand mission of making industrial manufacturing better.