Ostin Technology Group Celebrates Record Sales During Festivals

Ostin Technology Group Reports Stellar Sales Performance

Nanjing, China — Ostin Technology Group Co., Ltd. (Nasdaq: OST), a leading supplier of display modules and polarizers, has recently celebrated outstanding sales during key shopping festivals, notably the "Singles’ Day" and "December 12" events. The company's flagship product, Pintura, has seen remarkable success across various e-commerce platforms, enhancing its reputation in the competitive market.

Pintura Brand Shines Brightly

Pintura has achieved significant milestones during the shopping festivals, securing the second position in digital photo frame sales on major platforms like Tmall and Taobao, while also ranking third on JD.com and Douyin. During the December 12 festival, Pintura's online store impressively ranked among the top two digital frame sellers on Tmall and Taobao, reflecting its growing consumer base and brand recognition.

Strategic International Expansion

In the wake of its domestic success, Ostin Technology Group is expanding its operations internationally. The recent Black Friday season marked its official entry into overseas markets. Pintura products are now available for purchase on Amazon for consumers in the United States and through the company’s exclusive e-commerce website serving international customers. This strategic move aims to enhance the brand's global footprint while boosting overall sales performance.

Commitment to Innovation and Growth

Mr. Tao Ling, the Chairman and CEO of Ostin Technology Group, shared insights into the company's vision, stating, “We are dedicated to continual product innovation and market expansion to fulfill the evolving needs of our consumers. We extend our heartfelt gratitude to our supporters of Pintura and aim for even greater achievements in the forthcoming year.”

About Ostin Technology Group Co., Ltd.

Established in 2010, Ostin Technology Group stands as a prominent supplier of display modules and polarizers in the Chinese market. The company specializes in designing, developing, and manufacturing TFT-LCD display modules in various sizes, catering to consumer electronics, outdoor LCD displays, and automotive applications. Additionally, they produce polarizers utilized in TFT-LCD modules, showcasing their commitment to quality and innovation.

Looking Ahead: Future Prospects

The company envisions a robust future driven by recent successes and a clear strategic plan to increase its market share. With consumer behavior continuously shifting towards online purchasing, Ostin Technology Group is poised to leverage this trend to further strengthen its product offerings and expand its reach in international markets. As the e-commerce landscape evolves, Pintura is well-positioned to capture the attention of a global audience.

Frequently Asked Questions

What were the sales results for Pintura during the shopping festivals?

Pintura ranked second on Tmall and Taobao and third on JD.com and Douyin during the Singles’ Day festival, with strong performance continuing into the December 12 shopping festival.

How is Ostin Technology Group expanding internationally?

The company has launched its products on Amazon in the U.S. and its exclusive e-commerce site aimed at international customers, enhancing its market presence.

What are the future plans for Ostin Technology Group?

The company plans to focus on product innovation and expanding its reach while responding to consumer needs effectively.

What is the history of Ostin Technology Group?

Founded in 2010, Ostin Technology Group has become a significant supplier of display modules and polarizers, designing and manufacturing TFT-LCD products for various applications.

Who can be contacted for investor relations inquiries?

Janice Wang from Wealth Financial Services LLC is the contact for investor relations. She can be reached at the provided phone numbers and emails for any inquiries.

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