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• Rastar Group presented at the 135th Canton Fair with the Visit of Officials from the Ministry of Commerce 05-30

  The 135th Canton Fair Phase 3 was held in Guangzhou from May 1st to 5th . Rastar showcased numerous high-quality toys at the event, attracted a large number of prospective clients for consultations and negotiations. Representatives from the Ministry of Commerce and the China Chamber of Commerce for Import and Export of Light Industrial Products and Arts and Crafts visited Rastar's exhibition booth. The 135th Canton Fair featured the participation of 680 companies from 50 countries and regions. It also saw a record-breaking attendance of 246,000 overseas buyers from 215 countries and regions, representing a notable growth of 24.5% compared to the previous year. On May 3rd, Mr. Liu Xiaoguang, Deputy Director-General of the Department of Foreign Trade at the Ministry of Commerce, and Mr. Zhang Jie, Vice Chairman of the China Chamber of Commerce for Import and Export of Light Industrial Products and Arts and Crafts paid a visit to Rastar's exhibition booth at the Canton Fair. They gained detailed insights into the company's product features, technological innovations, market expansion, order transactions, and exhibition performance. Additionally, they encouraged Rastar to continue to play the leading role through innovation and make efforts to introduce more high-quality products to the international market. As a regular participant in the Canton Fair, Rastar leveraged the online and onsite platforms of the fair to comprehensively showcase its corporate image and products, while actively engaging with potential buyers. At this year's the Canton Fair, Rastar showcased its latest product - the 1:14 Audi RS Q e-tron E2 remote-control car, modeled after the renowned Dakar Rally race car, and the Ferrari 499P, the champion car of The 24 Hours of Le Mans 2023. Both products have obtained official authorization and feature realistic designs, attracting numerous buyers to stop and explore. Additionally, Rastar Group showcased a diverse product lineup, including car models, electric toy cars, mini scooters, outdoor rides, and building blocks. This extensive range caters to various market demands. In the future, Rastar Group remains committed to technological innovation and aims to expand its authorized product categories, accelerate the transformation of traditional manufacturing into intelligent and high-end manufacturing in digital empowerment ， and promote high-quality development .

• Actively Promoting Intelligent Transformation Strategy: Interview with Chen Chuanghuang, Chairman of Rastar Group 05-30

  Recently, the 36th Shenzhen International Toy and Education Fair (referred to as Toy Edu China) was grandly held in Shenzhen, where Rastar Group Chairman Chen Chuanghuang was interviewed by China Securities Journal. Below are excerpts from China Securities Journals report titled Actively Promoting Intelligent Transformation Strategy: Interview with Chen Chuanghuang, Chairman of Rastar Group During the 2024 Shenzhen International Toy Fair, Chen Chuanghuang, Chairman of Rastar Group, stated in an exclusive interview with a China Securities Journal reporter that the company will actively promote its strategic shift towards intelligent transformation. They aim to persist in the high-quality development path of intelligent toy manufacturing, continuously explore overseas markets, and expand their brand influence, aspiring to make RASTAR a global benchmark in the toy industry. Implementing an Innovation-Driven Development Strategy At the Rastar Group booth, the latest remote-controlled cars, static car models, and baby toys attracted significant interest from both domestic and international buyers. The booth was bustling with activity, and over ten staff members were busy enthusiastically introducing products and negotiating with buyers. The company showcased the Audi RS Q e-tron remote-controlled car, which garnered widespread attention upon its debut. According to a staff member, Audi was the first brand to use an electric racing car to challenge the Dakar Rally, winning the first championship in the 2024 Dakar Rally with this model. The remote-controlled car, officially licensed by Audi, boasts a high degree of realism, simulating acceleration, smooth drifting, and wheel changes. Another highlight at Rastar Group s booth was the Ferrari 499P, the champion car from the 24 Hours of Le Mans, which also received great enthusiasm. This model, officially licensed by Ferrari, features a realistic Le Mans race car design, with visible interiors and manually operable double side doors, faithfully replicating the details of the race car, which has been well-received by enthusiasts. Chen Chuanghuang emphasized that in product research and innovation, Rastar Group has always been market-oriented, leveraging their research foundation and IP assets to systematically expand into new categories. He highlighted that the company places great importance on toy product research and innovation, integrating it into their development strategy. This year, they will deepen the implementation of their innovation empowerment strategy, focusing on the development and innovation of toy products, staying aligned with market trends, and expanding into new product categories to enrich their product lineup. To date, Rastar Group holds authorizations from over 35 globally renowned automotive brands and owns more than 260 patents. In the future, the company will accelerate the pace of intelligent transformation in toy manufacturing, further explore overseas markets, and continue to expand our brand influence, aiming to establish 'RASTAR' as a globally benchmarked Chinese leading toy brand, said Chen Chuanghuang. Advancing Toy + AI Integration Founded in 2000 and listed on the Growth Enterprise Market in January 2010, Rastar Group s main businesses include football clubs, games, and toys. In the toy sector, the company focuses on the research, production, and sales of dynamic and static car models, robots, baby toys, building block assembly toys, and outdoor riding products. Currently, they offer over 400 high-quality toy products that are exported to more than 120 countries and regions, with RASTAR becoming an internationally recognized toy brand. At the international toy fair, the rapid advancement of artificial intelligence and other technologies has made technological innovation and its application a common goal among many toy companies. According to Chen Chuanghuang, the rapid development of AI and other technologies is profoundly shaping the toy industry. He noted that the company has been closely monitoring the impact of cutting-edge technologies like AI on the toy industry. As technology continues to evolve, AI will significantly influence the form, interaction, and marketing of toy products. The company aims to explore the integration of advanced technologies with their products, providing users with richer and more immersive entertainment experiences. Currently, Rastar Group has incorporated VR remote control and voice control technologies into their dynamic toy series and plans to further integrate AI technologies into more products and applications, launching more intelligent toy products. Continuously Enhancing Brand Influence According to announcements, in 2022, Rastar Group s toy and derivative business achieved a main business income of 376 million yuan, an 8.05% increase from the previous year. The company expects a profit of 26-39 million yuan for 2023, reflecting a 108.38%-112.56% increase from the previous year. In the toy sector, income and profit have remained stable due to the optimization of the product structure and active marketing strategies. Chen Chuanghuang noted that despite the international toy market's recent sluggish performance, the company's toy export business has continued to develop steadily. Looking ahead, the company will expand the categories of car model authorizations, deepen the construction of channel systems, and solidify its channel advantages. They will also actively explore overseas markets, uncover emerging market opportunities, and continuously expand their brand influence, aiming to make RASTAR a global benchmark in the toy industry. To further enhance brand influence, Rastar Group has actively expanded IP licensing partners and product categories in recent years, obtaining licenses from over 35 world-renowned automotive companies, making it one of the leading toy derivative manufacturers in China. Additionally, the company has become a significant partner for brands like BMW and Ferrari and holds trademark intellectual property rights in over 110 countries and regions. In terms of channel system construction, Rastar Group participates in major international and professional exhibitions such as the Nuremberg Toy Fair, Hong Kong Toy Fair, Canton Fair, and Shanghai Toy Fair, constantly expanding its customer base and promoting its brand. They maintain long-term and stable cooperation with well-known toy agents in various countries and regions. Moreover, the company extends its brand reach through leading e-commerce platforms like Amazon, JD.com, and Tmall, and emerging private and content e-commerce platforms like Xiaohongshu, Dewu, and TikTok, deepening connections with end consumers, increasing brand loyalty and trust, and further enhancing brand influence. Additionally, the company remains user-centric, maintaining a keen awareness of market dynamics, continuously exploring the needs of existing and emerging regions, and launching products tailored to target markets. Chen Chuanghuang mentioned that the company has always been alert to opportunities in toy sub-sectors. In 2020, the company seized the opportunity to enter the building block toy market. In the future, they will continue to monitor market trends, focusing on their strengths while actively exploring new opportunities, continually innovating in dynamic car models, static car models, and outdoor riding series, and diligently working in new areas.

• Rastar Group presented at the 36th Shenzhen International Toy and Education Fair 05-30

  The 36th Shenzhen International Toy and Education Fair (referred to as Toy Edu China) took place from April 8th to 10th at the Shenzhen International Exhibition and Convention Center. Rastar showcased numerous high-quality toys at the event. Toy Edu China, widely regarded as the largest professional toy exhibition in China, has consistently played a pivotal role in driving the industry's development and has garnered recognition and support from the industry. At the 2024 Toy Edu China, Rastar showcased its latest product - the 1:14 Audi RS Q e-tron E2 remote-control car, modeled after the renowned Dakar Rally race car. This officially licensed product by Audi boasts a realistic reproduction of the gull-wing door design, a powerful magnetic motor for smooth drifting, and the option for DIY wheel replacement. Equipped with a 2.4GHz high-frequency remote control, it guarantees a multi-player competitive experience. In a surprising unveiling, Rastar also presented the Ferrari 499P, the champion car of The 24 Hours of Le Mans 2023. This officially authorized product by Ferrari pays homage to the iconic Le Mans race car design and celebrates Ferrari's return to victory at the event after half a century. At this year's Toy Edu China, Rastar Group showcased a diverse product lineup, including car models, electric toy cars, mini scooters, outdoor rides, and building blocks. This extensive range caters to various market demands. In recent years, Rastar Group has been committed to continuous research and development, striving for excellence in production techniques and technology. Currently, the company holds over 260 toy patents and has obtained official authorization from more than 35 globally renowned automobile companies. In the future, Rastar Group will uphold its dedication to technological innovation and accelerate its digital transformation in intelligent manufacturing. The company aims to continuously expand its authorized product categories, enhance the added value of its toy products, and create more innovative, high-quality toy masterpieces. Rastar aspires to establish RASTAR as a leading global toy manufacturing brand, setting the benchmark for China's toy industry.