On November 22, 2019, Hualu Engineering & Technology signed a contract with SRF Limited concerning the supply of Technical Know-How, License, Basic Engineering Design Package, Critical and Proprietary Equipment and Materials, and Technical Services & Post Commissioning Technical Support for a 6,000 MTPA TFE Plant and a 5,000 MTPA S-PTFE Plant at Dahej, Gujarat, India. This is the first time that Hualu has ever licensed the TFE-PTFE technologies to customers outside China. SRF is one of the repeat customers, with whom Hualu has been working successfully on some AHF projects licensed by Hualu over the years.