Hiephoa Equipment of Environment and Trading Co.,Ltd

1996
-  Established Hiep Hoa Trading Company and
Mechanical Mill at Hanoi, Vietnam.

2000 - Changed name to Hiep Hoa Equipment of
Environment and Trading Co., Ltd having headquarter at No 11, Nguyen Chi Thanh Street, Dong Da District, Hanoi,
Vietnam and enlarged Mechanical Mill become to factory placed at Duc Giang, Hanoi.

2005 - Made joint venture with Morita (Japan) on
manufacturing and trading fire and rescue equipments and vehicles in Vietnam.

2006 - Constructs factory with area of 60,000m2
at Minh Duc, My Hao, Hung Yen, Vietnam.

2007 - Be ranked as one of 500 largest Vietnamese
enterprises.

         - Moved
Factory in Hanoi to Minh Duc, My Hao, Hung Yen and
established Hiep Hoa Special  Purpose Vehicle Co., Ltd.

         -
Established Morita Vietnam Co., Ltd (Joint venture of Hiep Hoa Equipment of
Environment and Trading Co., Ltd with Morita Japan Company) having head office
and factory at Minh Duc, My Hao, Hung Yen, Vietnam.

2009 - Completed and operating Registration Station
(Danish technology) at Hung Yen Province, Vietnam.

2012 - In May, purchased all shares of Morita at Morita
Vietnam Company and changed name of Morita Vietnam Company to Hiep Hoa Fire and Rescue
Company Limited.

         - In
October, Hiep Hoa Equipment of
Environment and Trading Company Limited gained Golden Trade Mark, impressive
Logo and Slogan awarded by Vietnam Environmental Association.