In this rapid-paced technology development era, registration of intellectual property rights (“IPR”) is not only a prudent commercial procedure but has become a business routine necessity. This is to protect and clarify the rights of the Company in its IP development.

Due to the Company’s research and commercialization nature of business, patent and trademark creation is kind of the day-to-day activities to us. Counting on the continuing efforts in securing its IPR, Virgin Greens X is always in an advantageous position to edge out its competitors. Therefore, excellent management of its IPR is essential to the Company’s long-term development.