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Spring is in full bloom in March. We ushered in the annual cadres conference. At the cadres' meeting, Chairman Chen Xuehua made a speech of "Strengthening scientific and technological innovation, promoting management change, and striving for the completion of the annual goals and tasks!". Athough alll mountains are majestic, there must be one main peak; although the ship weighs a thousand pounds, the helm of one person, the speech not only profoundly analysed the challenges we face, but also the deployment of the annual task, build consensus of the number of cadres and staff at home and abroad, and firm confidence to promote the company's high-quality development.

Seek progress in stability, seek victory in advancing, and overcome difficulties on the way of development

The year 2023 is the middle year of the “ten-year task completed in five”, and the ship is in the middle of the current, if you don't advance, you will retreat. In the past year, under the leadership of Chairman Chen Xuehua, all staff have been coping with the biggest challenges with the best state, and our achievements are hard-won.

In 2024, we have to be ready to fight a long-term protracted war. To seek progress in stability, seek victory, we have to keep production, sales and business performance stable; and to expand the market, grab orders and seize market share. On the basis of stability and progress, we will get achievements,that means achieve two leads in the product and market.

As a deputy of the National People's Congress, Mr Chen shared comments about the sessions and the contents of the government's work report. At present, Huayou should strive to be the front-runner and gather the powerful force to achieve high-quality development. We will resolutely implement the work requirements of "seeking progress in stability and seeking victory in advancing", and make concerted efforts to turn around the situation and fully complete the annual target tasks.

Changing growth pattern, advancing with the times, promoting management change to stimulate strong motivation

The blueprint is inspiring, and the trumpet urges people to move forward. "Since the 14th Five-Year Plan, under the favourable situation of new energy lithium materials, Huayou has seized the industrial opportunity and built the production capacity of precursor and cathode materials. Nowadays, the big changes in the industry not only bring big challenges, but also big opportunities, and the company's stage characteristics and development conditions are also undergoing profound changes.

Looking forward to the development prospect, what the chairman said at the meeting are the new tasks we are facing now. The work objectives at the beginning of the year have already depicted the direction of Huayou's future, and initially drew the roadmap and timetable for the forward movement, and now the cadres' conference has opened a new stage of the overall design of the system to promote thetransformation.

"Emancipate the mind, uphold fundamental principles, break new ground, and strengthen the short board of management by management innovation", through the system, mechanism and system innovation, improve the management efficiency, create management value and further stimulate the productivity. The company's functional departments and industrial groups should transform the company's management ideas into key tasks, and implement and promote them with reality. Over the years, we have been promoting the "three bases" of grass-roots empowerment, basic management, and basic skills improvement, and have achieved certain results. Now we have to gather our strength to enter a new stage, and unswervingly take the road of openness, so as to inject strong vitality into the development of Huayou.

Like the moon's constant, like the sun's rise. We will push forward the change, take "change" as the forerunner, demand power from "change", and keep the spirit of "breaking in", "creating" and "doing" forever. We will keep the spirit of "breakthrough", the energy of "creation", and the style of "work", and continue to win the victory and glory on the new journey with the attitude of unrelenting struggle and the state of mind of "rain or shine".

Upholding fundamental principles, breaking new ground, advancing with the times, and setting off again towards the new goal

In the past year, we have been promoting IPD product research and development, expanding high level of openness, and carrying out activities to increase efficiency and reduce consumption, we have reaped the fruitful results of striving for excellence, improving quality and advancing in the rankings, and achieved stable business performance and maintained a good development trend.

"The one who does not innovate will be retreating day by day" The chance of success is always reserved for those who are good at innovation. This requires breaking down all the shackles of innovation-driven development of concepts and institutional mechanism barriers, while promoting innovative thinking into all aspects of the company's development, to be the leader and promoter of innovation.

At present, the company will increase investment in scientific research, vigorously implement the innovation strategy of "supporting industry and leading the future", and improve and optimise the R&D system. We also need to deepen our understanding of market competition. Product and cost are the two most direct and realistic competitiveness. Product leadership is the competition of innovation, which can provide customers with scarce value that others can not provide. Creating value for customers is the only way to realise the value of Huayou. Cost leadership is the competition of control, reflecting the cost control of the product process. High quality and low price is the basis of business for thousands of years, and the way to win the homogeneous competition. To save money for customers, to expand the market, grab orders to add the power of science and technology.

We should ride the wave, follow the trend, keep pace with the times, and promote the company to shift from large-scale growth to high-quality growth. Under the traction of the value of innovation, we will gather the strong power of Huayou culture to promote Huayou to a new level.

Remembering the glorious years in the past, looking at a long road ahead, with more than 20 years of struggle, Huayou, like a small boat that set sail from Yongxing River, has grown into a huge ship that across the Pacific Ocean. Regardless of the stage, Chairman Chen Xuehua and the Huayou team have always worked hard to lead and drive the enterprise forward. At present, we should continue to struggle, deal with more challenges, and focus on the everlasting success of our business with full of confidence. We must change the way of development, strengthen scientific and technological innovation, promote management reform, "It's now or never." As long as we join hands and work hard, there is no barrier we can't overcome.