The journey ahead is long—only through relentless effort can we succeed. | Evergrande High-Tech's 2020 Annual Summary Meeting and Employee Recognition Ceremony Concludes Successfully

　　“Rats aren’t easy, but the Ox can turn the heavens and earth.” On January 23, 2021, Evergrande High-Tech successfully held its 2020 Annual Summary and Awards Ceremony, themed “The journey ahead is long—only through relentless effort can we achieve our 2021 corporate goals.”

　　Due to the impact of the pandemic and in response to the national call, the company held this meeting by combining an on-site venue with virtual sub-venues, achieving excellent results and widespread positive feedback.

　　Zhu Xinghe, Chairman of the company, delivered the annual work summary report and outlined the 2021 strategic plan on behalf of the company’s Board of Directors and management team. He stated: "In 2020, Evergrande High-Tech steadfastly adhered to a dual-drive strategy model—combining energy conservation, environmental protection, and internet-based marketing—enabling the company to maintain a solid development momentum characterized by 'steady progress, diversified approaches, and synergistic growth.' Despite the challenging backdrop of the COVID-19 pandemic, Evergrande employees remained united and determined, seizing opportunities amid crises and forging new paths amid unprecedented changes. As a result, several of the company’s business segments achieved steady growth in 2020, laying a robust foundation for successfully meeting our goals in 2021."

　　During the deployment of next year's initiatives, Chairman Zhu Xinghe emphasized that in 2021, the company will continue pursuing its strategic development model of simultaneously advancing two core businesses. We will remain firmly performance-driven and fully embrace the "striver spirit"! In the wear-resistant and corrosion-resistant industry, we must not only maintain our existing strengths and market positions but also continuously innovate, explore new areas, and develop cutting-edge applications—such as expanding into the defense industry. Meanwhile, for our waste incinerator protection business, we’ll focus even more sharply on core operations while scaling up production and delivery capabilities. Meanwhile, the production and R&D teams will always prioritize cost reduction and efficiency enhancement as their top objectives. In the acoustics sector, we’ll strengthen our talent pipeline, refine our management systems, and intensify efforts to expand into new markets, uncovering additional application opportunities. Lastly, the Internet Business Division will continually optimize and elevate the quality of its existing platforms, making them smarter, more refined, and better equipped to compete effectively in the market. Finally, all administrative departments must steadfastly uphold the philosophy of "achieving greater efficiency through effective management," ensuring that operational oversight becomes increasingly precise and strategically targeted.

　　The achievements the company attained in 2020 were made possible by the hard work and dedication of every single employee, as many outstanding individuals and teams emerged during this period. At this meeting, the company recognized a variety of exceptional individuals and teams, including top-performing employees, high-achieving teams, outstanding managers, sales elites, those who achieved breakthroughs in major technical projects, and contributors to quality management. This recognition ceremony clearly highlights the company’s appreciation for its hardworking, committed, and innovative employees—and encourages all staff members to follow their inspiring examples as they strive for even greater success in 2021.

　　Annual Recognition

　　After the meeting, all departments of the company engaged in an in-depth review and discussion of the chairman’s annual summary report and the work plans for the coming year. Company-wide, employees carefully studied the annual report to define direction, clarify objectives, identify actionable measures, and reach a shared consensus—ensuring that every department’s initiatives for 2021 align seamlessly with the company’s overarching strategy. With unity of purpose from top to bottom, everyone is pulling in the same direction. Chairman Zhu Xinghe and General Manager Hu Enxue personally participated in the discussions held across various departments.

　　The mighty roc does not rise on the strength of a single feather, and the swift steed doesn’t gallop forward by the power of just one hoof. As 2021 arrives, we embark on a new journey, staying true to our spirit of relentless perseverance. Together, let’s unite to create a brilliant future for Evergrande—hand in hand, side by side—for mutual success and shared prosperity.