On January 22, 2024, Tsoi Hoi Shan, Chairman of the Board of Directors of the United Laboratories, was awarded the title of "Most Influential Entrepreneur" in Bayannur Economic and Technological Development Zone. This honor is recognition by the Bayannur Municipal Party Committee and Government of Tsoi Hoi Shan 's outstanding contributions in corporate economic benefits and social responsibility.

On that day, the signing ceremony of the Guangda Lianfeng New Materials Series Project in the Bayannur Economic and Technological Development Zone was held at the Party and Government Building in Bayannur City. Pei Yanqin, Deputy Secretary of the Party Working Committee and Director of the Management Committee of the Economic Development Zone, signed an agreement with Chairman Tsoi Hoi Shan on behalf of Bayannur Economic and Technological Development Zone. The project plans to invest 1.1 billion yuan and covers a total area of 600 acres. The development of the new project has extended the industrial chain of TUL in the Economic Development Zone, injecting new development momentum into the local economy.