Certainly, let's boost morale and rally spirits by recognizing achievements, identify areas for improvement

Fragrant sweet osmanthus heralds the festive season, while crisp autumn skies and refreshing air inspire us to strive harder. On the morning of September 9, Yongtong Company and Yongcheng Company jointly held a meeting to summarize and recognize outstanding achievements, as well as to rally employees for the production of orders from Schneider Electric. Zhang Zhiqiang, General Manager of Yongtong Company, and Zhang Lei, General Manager of Yongcheng Company, delivered reports on their companies' progress. Meanwhile, Ren Mingliang, Deputy General Manager of Yongtong Company, read out the announcement recognizing and rewarding the top-performing units and individuals. Representatives from these exemplary units—Wang Maijun, Han Shuo, Xue Zhonghua, and Wu Hang—shared inspiring remarks, while Sun Xiaokui, General Manager of Keyuan Company, extended warm congratulations to the attendees.

Since their integration and restructuring in March of this year, Yongtong Company and Yongcheng Company have embarked on a challenging six-month journey of entrepreneurial growth. Throughout this period, every member of the team has worked tirelessly through sweat and perseverance, staying resilient in the face of setbacks, pushing forward despite risks, and ultimately breaking new ground through relentless effort. As a result, the companies have achieved significant advancements across eight key areas: enhanced production technology, improved product quality, elevated employee expertise, strengthened management practices, expanded infrastructure scale, increased market share, boosted corporate brand recognition, and fostered greater employee unity. These achievements have collectively solidified the company’s robust overall strength, paving the way for a strategic partnership with the globally renowned firm Schneider. This milestone marks the beginning of a new era of high-quality, rapid growth for Yongtong and Yongcheng, setting the stage for even greater success ahead.

Ren Wei, Chairman of Yongtong Company and Yongcheng Company, chaired the meeting and delivered a keynote speech. In his address, he shared several reflections on the company's progress: He expressed deep appreciation for the remarkable transformation in the company's campus appearance and production conditions, acknowledged the challenging yet rewarding journey of the company's growth, highlighted the tangible achievements made so far, and extended heartfelt gratitude to all employees for their hard work and dedication. He also emphasized the need to surpass Kexuan Company’s benchmark of an average salary of 7,000 yuan per employee. Finally, he outlined five key priorities for the upcoming phase of work:

1. Focus on Enhancing Product Quality

Product quality is the foundation for a company’s survival and growth, determining its ultimate success or failure. Every member of our company must strengthen their awareness of product quality, ensuring rigorous quality control at every stage of production—and on every single product. Currently, our top priority is to meet Schneider Electric’s stringent standards for the first batch of orders: delivering products that are both high-quality and fully compliant in quantity, all within the agreed-upon deadlines. This initial order from Schneider Electric carries immense significance for our company. It marks the beginning of our collaboration with Schneider, serving as a pivotal step toward our company’s continued expansion and development. Our goal is clear: we can only succeed—there’s no room for failure. To achieve this, we’ll rigorously reinforce our quality inspection and evaluation processes, meticulously scrutinizing each item and conducting thorough checks on every batch—absolutely no substandard products will leave our facility.

2. Strengthen the company's standardized management

In a sense, standardized company management is essentially about refined management—aiming to make the company’s administrative processes systematic, scientific, professional, procedural, and well-organized. This involves breaking down goals and tasks into detailed, actionable steps, clearly defining responsibilities, and strengthening institutional frameworks, job descriptions, performance evaluation systems, as well as incentive and accountability mechanisms. By doing so, we ensure that everyone feels accountable, motivated, and driven, while fostering a strong sense of ownership among all employees. Together, we can unite our efforts and collectively propel the company toward even greater success and growth.

3. Focus on Enhancing Staff Competencies

Company growth depends on highly skilled, well-rounded, and technologically advanced personnel. Currently, our company primarily relies on experienced employees mentoring newcomers, while also gaining practical insights through hands-on production experiences to enhance staff capabilities. Moving forward, the company will not only organize its own training programs but also send outstanding individuals to Beijing University of Aeronautics and Astronautics for advanced studies—aiming to broaden their perspectives, refresh their mindsets, and ultimately strengthen their professional skills.

4. Caring for and Supporting Employees' Well-being

Caring about the hardships and well-being of employees, and genuinely addressing their practical needs, is a fundamental principle that the company is already upholding—and one it will continue to strengthen even further in the future. After all, there are no small matters when it comes to employee interests. Only when the company thrives and achieves profitability can employees enjoy rising benefits and safeguards that keep pace with its success. The company must firmly deliver what it rightfully owes to its workforce, and it must dare to do so. This commitment also aligns perfectly with our future "Co-create, Co-share" development philosophy. For instance, next year we plan to elevate the standards of our Golden Autumn Education Assistance program by introducing more meaningful ceremonies, aiming to boost employees and their families' sense of fulfillment, happiness, and accomplishment. Ultimately, this initiative seeks to foster a harmonious corporate culture—one that inspires unity, collaboration, and a shared dedication to driving the company’s growth and success.

5. Ensure effective implementation of safety protocols

Safety in production is no small matter—it’s absolutely critical. The tragic scene from the July 26 China-Russia explosion accident remains vividly etched in our minds, and our company suffered significant losses as a result. We must learn valuable lessons from this incident, remain constantly vigilant, and firmly overcome any complacency. It’s essential to promptly address and eliminate safety hazards. Our goal isn’t just to achieve zero accidents in production this year—but to maintain that record of safety for years to come, ensuring long-term success and sustainable growth without incident.

After the meeting, all employees in attendance received their Mid-Autumn Festival benefits.