TOOL-FLO price adjustment letter

Price adjustment letter

Dear customers and dealers

In view of the decision of the Tariff Commission of the State Council of China to impose a 25% tariff on imported goods of US $60 billion, which will be implemented from June 1, 2019, because tool-flo is an imported commodity from the United States and is included in the list of goods subject to tariff increase, the company will adjust the price increase of tool-flo products by 10% - 18.5% from June 1, 2019（ American tool-flo has given corresponding discount support to the Chinese market for some commodities on the issue of tariff increase)

We support free and equal trade and will continue to work with partners and other interested parties to create new market opportunities. We believe that the Chinese and US governments will actively seek effective and feasible solutions for trade policies and specific time. Meeting customers' needs is always our focus.

We appreciate and cherish your strong support for tool-flo business. We are committed to providing our customers with high-quality service and reliable high-performance toolflo products and solutions. We look forward to long-term cooperation with your company!

Best wishes!

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