On December 28, 2014, the company convened its 2015 Business Planning Meeting, at which the company’s 2015 operational objectives and key priorities were set. Each department presented its own work strategies in alignment with the new annual business plan, and the Chairman provided guidance on the priority tasks for 2015. The meeting was a resounding success—pragmatic and results-oriented. It served not only as a planning session but also as a mobilization and commitment ceremony, charting the company’s new direction of development and sounding the clarion call for a new chapter in its history.

　　The new year presents a year of abundant opportunities for our company. The domestic economic environment has clearly improved: on the one hand, the state is set to increase fixed-asset investment, particularly in railways, wind power, and the modernization of power grids—measures that will directly benefit our company’s development; on the other hand, monetary policy is expected to ease, which should alleviate the longstanding challenges of difficult and costly corporate financing. This will provide strong impetus for us to expand sales and accelerate cash collection. In short, our company is now in a rare period of growth opportunity—but such opportunities tend to favor those who are well prepared and bold enough to strive relentlessly. To seize these opportunities, the Chairman has already made early arrangements for our 2015 sales efforts: we will adjust our sales policies in external markets, granting our sales teams substantial autonomy to fully motivate them; in the Tianxin market, we will reorganize the sales team to capitalize on our strengths while mitigating weaknesses, thereby injecting fresh vitality; and with the steady progress we have made over recent years in equipment, talent pool development, production management, process technology, and quality-system building, our interior-fitting products are now fully poised to expand into new markets—indeed, in the new year, our interior-fitting products will embark on their first foray into overseas markets. Moreover, given the relatively small scale of Xiangtan Motor compared with our overall business, the Xiangji market remains largely untapped—a true virgin territory where we can achieve significant results in the coming year. The key going forward is how our sales team can summon the determination and pioneering spirit needed to turn the opportunities before us into concrete gains and transform our aspirations into reality.

　　Sales is the company’s flagship function, yet it cannot operate effectively without the robust support and close collaboration of other departments. Ensuring product quality and meeting delivery schedules are critical challenges facing the Insulation Production Department in the year ahead. To address these issues, the company has recruited top talent and assembled a new management team. At the recent meeting, you put forward excellent strategies and solutions; we encourage you to take bold action and overcome all obstacles. From the Chairman and General Manager down to every frontline employee, the entire organization will provide unwavering support for your efforts. Thanks to recent management improvements, the Insulation Production Department has made significant progress across the board. We are therefore confident that one of the long-standing, thorny challenges hindering our management will be thoroughly resolved.

　　New product development is the cornerstone of the company’s sustainable growth, while cost reduction and efficiency enhancement serve as powerful drivers of its healthy development. Over the years, the company has placed great emphasis on these two areas; in 2015, it elevated them to top priority by establishing a dedicated New Product Development Department and a Cost Reduction and Efficiency Enhancement Department, thereby providing robust organizational support for advancing both initiatives. We are confident that, through the pioneering spirit and bold execution of these two departments, the company will usher in a new era in both new product development and cost-reduction and efficiency-enhancement efforts.

　　The 2015 Corporate Business Planning Conference served as a seed-sowing machine: in these days that herald the arrival of spring, it has planted the seeds of hope. As long as we seize opportunities, work boldly, and accelerate development, we will surely reap abundant rewards in the golden season ahead!

　　Goodbye, 2014! Go for it, 2015!