Dear HengbangFriends,Dear Hengbang family:

   The spring sunshine is near, and the port city is full of new sights. On the occasion of bidding farewell to the old and welcoming the new, we extend our heartfelt thanks and high respect to all customers and friends from all walks of life who care for and support the development of Hengbang's cause.Friends, and express our sincere greetings and best wishes to the vast number of cadres, employees, and their families who have worked hard for the development of the enterprise.!

   Starlight does not disappoint those who strive; the most moving is the struggle.The year 2022 was an extraordinary year forHengbang Group, with anticipated difficulties and challenges, as well as unexpected emergencies, it can be said that it wasmixed feelings.“Mixed feelings”.

   Over the past year, the entire group hasprepared for winter, steadfastly advanced, and taken on the historical responsibility and glorious mission of the sustainable development of Hengbang's cause.All cadres and employeesput "dare" first and "do" first,anchored their goals, and tackled difficulties.,the groupachievedproductionoperationmanagement and corporate reform and innovation development.Newbreakthroughs.Among them: Hengbang Additives Companyachieved a newproductoutputand set a new record,with majorindicatorsachievingthe best in history,and was awardedthe Shandong Province May 1st Labor Award,becomingthe Shandong Province Enterprise Technology Center, Yantai City Enterprise Technology Center, Yantai City Industrial Design Center, and was shortlisted for the Yantai City Doubling Plan Cultivation Enterprisedirectory,and obtainedYantai City Contribution Enterprise,Yantai City Employee Excellent Technological Innovation Achievement Third Prize;HengbangLogistics Intelligent Equipment Company successfully approved as a national technology-based enterprise and Shandong Province innovative enterprise,the logisticscompany was again rated asAAA-level logistics enterprise, obtaining 1 national invention patent, 12 utility model patents, and 4 software copyrights.Kunyu Road and BridgeHengbangEngineeringCompany's bidding amountset a record high,and at the same timeachieved new achievements in municipal engineeringbidding and construction.Other companies also contributed to the development of the group..   What seems ordinary is the most rugged, and what seems easy is actually hard.

In 2022, we walked together,recording every bit ofpeople'scourage and determination in the face of tests and challenges.Logistics Intelligent Equipment Company successfully approved as a national technology-based enterprise and Shandong Province innovative enterprise,Weweathered the storm,showing resilience and responsibility in all aspectsHengbangin the face ofdifficultiesand setbacks.   Looking back is to move forward better.Logistics Intelligent Equipment Company successfully approved as a national technology-based enterprise and Shandong Province innovative enterprise,WeThe good and bad of 2022 will eventually become the past.Filled with hope,the year 2023is already approaching us.   What seems ordinary is the most rugged, and what seems easy is actually hard.

Every enterprise and every person has their own goals;   What seems ordinary is the most rugged, and what seems easy is actually hard.every seed that has survived the winter has dreams of spring.the groupThe year 2023 is the starting year for fully implementing the spirit of the 20th National Congress of the Communist Party,and it is also a key year for the continuation of Hengbang's cause.We will take over the baton and be good inheritors, focusing on

"Tradition and inheritance, tradition and development," bothbased on the current situationand breaking through.也是恒邦事业承前启后的关键之年。in the face of将接过接力棒、当好传承人，围绕“传统与传承，传统与发展”，既立足当前、突破The "stall-keeping" mentality,also focusing onthe future、to empower innovative developmentthe groupwith more enthusiasm, more fighting spirit, and a more pragmatic style,continuouslypushHengbang Enterpriseforward,continuing to write new chapters for the enterprise.发展新篇章。

   The realization of goals and dreamsrequiresthe calm accumulation of "still as a virgin," as well as the decisive action of "moving like a startled rabbit." Standing at a new historical starting pointthe groupembarking on a new development journey, let us ride the mighty east wind of the era,with gratitude towards dreams, and create the future through hard work   What seems ordinary is the most rugged, and what seems easy is actually hard.

   In 2023, may:sunshineshine on yourfacethe groupand warmth remain in our heartsthe groupmay everyone enjoy the fruits of their labor; wishing: Hengbang's esteemed friends and respected family members a smooth and safe future, still welcoming the blooming flowers!

                             Hengbang Group Company

                                                               December 31, 2022