On January 20th at 18:00, Hongfa Group's 2024 year-end dinner was held grandly at the Xiamen International Convention Center. Hongfa family members from all over the world gathered together, filled with joy and anticipation, to celebrate the Chinese New Year together.

The dinner kicked off with a lively and festive opening program, followed by Guo Manjin, Chairman and President of Hongfa Group, delivering a New Year's greeting and extending his best wishes to all cadres and employees.

Mr. Guo pointed out that in 2024, the proposal of the guiding ideology for work in the new era marks the beginning of Hongfa's strategic transformation in the new era. We solemnly celebrate the 40th anniversary of our company's establishment and solemnly announce our new corporate mission, marking the beginning of a new era of development for Hongfa. In 2024, facing severe and complex domestic and international situations, the group's efficiency and effectiveness continued to improve, and performance indicators of various enterprises generally turning red, achieving significant growth.

2025 is the year of Hongfa's strategic transformation, carrying forward the past and ushering in the future. We must make every effort to do a good job in the closing work of the 14th Five Year Plan, strive to further and comprehensively promote the "75+" strategy, achieve greater breakthroughs, and lay a solid foundation for the 15th Five Year Plan.

Standing at a new starting point of development, facing new missions and higher requirements, we must continue to advance under the strong guidance of the "75+" strategy, persevere for progress; strive for excellence, forwarding towards the grand vision of a century of development. We will write a new chapter in the field of electronic components and electrical equipment manufacturing that belongs to us!

Subsequently, in 2024, Hongfa's comprehensive exemplary organization, advanced leading cadres, the first batch of first and special technicians and the first batch of chief technicians came to the stage to receive commendation. Behind different honors and awards, there is the same gratitude and tribute. Thank you for walking with Hongfa all the way, working hand in hand, conveying Hongfa's strength, and building Hongfa's brilliance together.

On the stage of the dinner party, there were a variety of exciting performances that were overwhelming. Multiple rounds of surprise draws followed one after another, pushing the atmosphere to a climax, with cheers and applause intertwined into a sea of joy.

At the end of the dinner, more than 8000 members of the Hongfa family waved their flags and sang the song "New Mission towards a Century" specially created for the 40th anniversary. The passionate melody and uplifting lyrics not only contain our firm belief in striving for progress, but also demonstrate the magnificent power of our joint efforts.

In this brilliant moment of laughter and dreams intertwined, the Hongfa 2024 year-end dinner has come to an end. The annual meeting comes to an end, and the journey begins again. In the new year, all members of Hongfa will continue to ride the wind and pursue their dreams with passion and strength, forever reaching new heights!