Release time

2020-12-31

Dear customers of Hengbang and friends from all walks of life who care for and support Hengbang's cause, All cadres, employees, and family members of the group: As the new year begins, we extend our heartfelt thanks and highest respect to all customers and individuals from various sectors who care for and support the development of Hengbang's cause, as well as to the vast number of cadres, employees, and family members who have worked hard for the development of the enterprise. We also send our sincere greetings and best wishes! Through hardships and difficulties, we achieve success. The year 2020, which is about to pass, has brought unprecedented challenges due to the sudden outbreak of the COVID-19 pandemic, leaving the world feeling cold. Various uncertainties have made business operations even more difficult, and everyone has experienced challenges to varying degrees. In the face of the severe impact of the pandemic and a series of heavy and complex tasks such as corporate restructuring, Hengbang Group has maintained strategic determination. The cadres and employees have made arduous efforts, and the enterprise has navigated through the economic tide according to its established course, maintaining operations, production, and salaries without reduction, while making steady progress in reform, innovation, development, and production management. Happiness is achieved through hard work. On the journey of Hengbang's development, the entire group has faced challenges head-on, daring to take risks and showing new achievements in adversity; the vast number of cadres and employees have taken the lead, charging into battle, and have made new accomplishments in the face of difficulties. The quality and efficiency of the enterprise continue to show, the platform foundation is continuously strengthened, the industrial layout is constantly improved, innovation results are expanding, and the brand image is being enhanced. Hengbang Additives Company has been recognized as the best service provider in the Chinese gold industry, an excellent enterprise in corporate culture construction, winner of the Shandong Province Brand Innovation Achievement Award, and the most socially responsible enterprise in Yantai; Hengbang Logistics Company has been listed among the top 30 construction steel trading companies in Shandong (Jiaodong), won the Shandong Province Brand Innovation Achievement Award, and is recognized as a leading enterprise in innovation-driven development in Yantai. The affiliated Information Technology Company and Intelligent Equipment Company have been recognized as high-tech enterprises. The unforgettable year of 2020 has left us with so much: the passion of struggle, the bittersweet memories, the dedication of true feelings, and the arduous journey. All of this will transform into our inexhaustible development motivation and endless spiritual wealth for 2021. In 2021, we will be guided by the spirit of the Fifth Plenary Session of the 19th Central Committee of the Communist Party and the Central Economic Work Conference, adhere to the new development concept, focus on high-quality goals, revolve around the survival and development of the enterprise, grasp the dual circulation pattern of international and domestic markets, address the main contradictions in talent, innovation, and management, and emphasize four key areas: production operations, risk control, innovation-driven development, and management improvement. We will continue to be customer-centered, think of what customers think, respond to customers' urgent needs, inherit the gene of daring to fight and strive, promote the spirit of entrepreneurship and innovation, and gather the passion and wisdom of Hengbang people. Through high-quality products and good services, we will create value and value-added for customers, achieving sustainable and high-quality development of the enterprise in the process of growing together with customers. Once again, we thank all sectors of society for their attention and support for Hengbang's cause, and we hope everyone will continue to support and encourage us in the new year. Wishing everyone good health, smooth work, and all the best! Hengbang Group Company December 31, 2020