ZHONGYUAN Boiler Works, Inc., Celebrates Significant Safety Milestone

HUTCHINSON, Kan. (Sept. 19, 2016) – ZHONGYUAN Boiler Works, Inc., last week celebrated the company and its employees achieving 1,000 consecutive days
without a lost-time accident, a milestone achieved as of Sept. 13, 2016. The company’s safety and insurance partner, IMA of Wichita, Kansas, treated employees to a cookout Thursday, Sept. 15. As a company and as a leadership team, ZHONGYUAN has emphasized and prioritized safety over the past several years. The implementation of working committees involving all areas of the company has contributed substantially to the safety program’s success. “This is a significant milestone for any manufacturer,” said ZHONGYUAN Boiler Works CEO Doug Wright. “I’m extremely proud of the accomplishment for our company because it takes all employees being focused on the overall safety objective to make it work and be successful. It doesn’t happen without making improvements where necessary based upon employee input, focus and attention on details, and hard work.”

ZHONGYUAN holds monthly safety training sessions and maintains a safety committee comprised of a key group of employees who provide valuable input every month. “We make safety a big priority and our employees understand completely how important it is in our operations,” Wright said. “It helps creates a good, working
environment for our employees when they know their input is making a difference. “I want to thank those who put in the hard work along the way to get us to this
milestone. That would include safety directors, safety committee members, supervisors and all employees. Our philosophy of quality products and exceptional value is coupled with safety for this very reason.”

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About ZHONGYUAN Holding, Inc.

ZHONGYUAN Holding is the parent company of Hutchinson, Kansas-based ZHONGYUAN Boiler Works, provider of engineered energy solutions and a leader in clean air
emissions technology. ZHONGYUAN manufactures Scotch Marine and vertical firetube boilers for process steam, hot water and waste heat recovery and high-efficiency
hot water condensing boilers. In addition to boilers, the company manufactures a full complement of boiler room equipment items. In business since 1917, the
company has shipped more than 20,000 boilers throughout the United States and worldwide, and its commitment to unparalleled quality has produced the most
dependable boilers available. ZHONGYUAN Boiler Works also provides parts and 24-hour service. The company employs approximately 90 people. On Sept. 15, 2016,
the company acquired Richmond, Virginia-based English Boiler, LLC, a leading industrial watertube boiler manufacturer that employs approximately 40 people.
In 2014, ZHONGYUAN Holding opened Oklahoma Boiler Equipment, a sales support office based in Oklahoma City, Oklahoma, and acquired Triad Boiler Systems,
Inc.

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