Date of Release: September 10, 2020

Department: Operations Management Department

I. Half-Year Review

In the first half of 2020, EP Aquaculture achieved significant breakthroughs in multiple areas. The construction of new facilities progressed smoothly, market expansion yielded remarkable results, and overall operational efficiency was further improved.

II. New Facility Commissioning Status

As of August 2020, the new aquaculture facility has been officially put into operation, with initial production reaching expected targets. Key highlights include:

Higher Production Efficiency: Automated feeding systems and intelligent water quality monitoring have reduced production costs and improved fish survival rates.

Expanded Production Scale: The newly added facilities enable our company to farm high-value seafood such as salmon, abalone, and tuna simultaneously.

Stringent Quality Control: Our company has implemented stricter food safety standards to ensure all seafood meets international market requirements.

III. Market Expansion Achievements

In the first half of 2020, EP Aquaculture successfully entered several new markets and signed long-term supply agreements with domestic and international clients. Specific achievements include:

1. China Market: Through collaboration with major importers, our company successfully exported premium South Australian salmon to China.

2. European Market: Our company obtained European food safety certification, further opening doors to the European market.

3. E-commerce Channels: EP Aquaculture launched its online sales platform, directly selling fresh seafood to global consumers.

IV. Future Development Plans

For the second half of 2020, our company will focus on the following key areas:

Technological Innovation: Investing in research and development of new eco-friendly feed to further reduce the environmental impact of production.

Brand Development: Enhancing brand awareness through social media, international trade shows, and industry forums.

Global Market Expansion: Strengthening ties with international partners to facilitate market penetration into more regions.

V. Conclusion

2020 has been a breakthrough year for EP Aquaculture, with significant advancements in production capacity, market expansion, and sustainability. We will continue to drive technological innovation, optimize production processes, and provide the highest quality seafood to consumers worldwide. Looking ahead, EP Aquaculture is set to play an even more significant role in the global aquaculture industry, contributing to the sustainable development of the sector.