Sincerity Applied Materials Holdings Corp Announces Acquisition Closure in Adelaide and Appointment of Simon Rees as Chief Operating Officer

Sincerity Applied Materials Holdings Corp Announces Acquisition Closure in Adelaide and Appointment of Simon Rees as Chief Operating Officer

MELBOURNE, Australia — April 4th, 2024 — Sincerity Applied Materials Holdings Corp (OTC: SINC), a leading global provider of innovative materials solutions, is pleased to announce the successful closure of its acquisition in Adelaide, Australia, today, marking a significant milestone in its strategic expansion efforts.

The acquisition further bolsters Sincerity Applied Materials Holdings Corp's distribution network, enhancing its presence and capabilities in the Oceania region. This strategic move underscores SINC's commitment to providing unparalleled service and support to its customers worldwide.

In conjunction with the acquisition, Sincerity Applied Materials Holdings Corp is proud to announce the appointment of Simon Rees as its Chief Operating Officer. With a wealth of experience and a proven track record of driving operational excellence, Simon brings invaluable expertise to SINC's leadership team.

Simon Rees is widely recognized for his innovative approach and strategic vision in material industry, having spearheaded numerous successful initiatives throughout his career. As Chief Operating Officer, Mr Rees will play a pivotal role in driving SINC's operational global expansion efforts, ensuring continued growth and success in key markets.

"We are thrilled to welcome Simon Rees to the Sincerity Applied Materials Holdings Corp family as our new Chief Operating Officer," said Yiwen Zhang, CEO of SINC. "Simon's extensive experience and strategic insight will be instrumental in advancing our operational objectives and strengthening our position as a leader in the materials industry. With the closure of our acquisition in Adelaide, we are poised for accelerated growth and look forward to delivering exceptional value to our customers and stakeholders."

Sincerity Applied Materials Holdings Corp remains committed to delivering innovative solutions, driving operational excellence, and creating sustainable value for its customers, employees, and shareholders.

About Sincerity Applied Materials Holdings Corp

Sincerity Applied Materials Holdings Corp is a renowned player in the applied materials industry. The company is dedicated to advancing technological innovations and providing high-quality solutions to its global customer base. With a commitment to excellence and integrity, Sincerity Applied Materials Holdings Corp is poised for continued growth and success in the market.

For more information, please visit www.sincerityplastics.com

Forward-Looking Statements

This press release contains forward-looking statements that are based on current expectations, assumptions, estimates, and projections about Sincerity Applied Materials Holdings Corp and its industry. These forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those anticipated. The company disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

Contact:

Yiwen Zhang, CEO Sincerity Applied Materials Holdings Corp +61 4 2100 7277 ir@sincerityplastics.com

Note: The information provided in this press release is subject to change, and readers are advised to refer to the latest filings and updates on the SEC's website and OTC Markets for the most current and accurate information.