From July 25th to 26th, on behalf of Ningshing Holdings’ Board of Directors, Senior Management Team, Company Party Committee and Labor Union, the major administrative personnel, namely Chairman Wu Yigang, Vice Chairman & Party Secretary Gao Ping, and Executive Vice President Tan Zhengguo, successively visited Ningshing Precision Machinery Group, Ningshing Ubay Logistics, Ningshing Ship Building & Repairing, Ningshing Yoyou Feed, Ningshing Tank Terminal, Ningbo Sunflower Shading Equipment, and Ningbo SINOMACH Ningshing Auto, expressed their solicitude to the front-line employees who stuck to their posts and worked hard in intense heat.The visiting members inspected the factory building, the operation workshop and the operation site. They inquired about the safety production situation and the high-temperature prevention measures in detail, and paid close attention to the physical condition of employees. Mr. Wu said that the current economic downward pressure has increased, and the task of production and operation of Ningshing were arduous. He demanded that all companies should strictly hold the bottom line of safety, work hard and take positive actions, go all out to complete the annual tasks and goals as scheduled.The hard-working front-line employees were encouraged and inspired. They said that they would continue to fight the hot summer with practical actions, fulfil their duties, make persistent efforts, making all their efforts to contribute to the long-term steady development of Ningshing.

Ningshing senior managers Joint Semi-Annual Meeting of 2023 was held on July 15th. In addition to the regular Semi-annual report exchange meeting, all the participants were specially arranged to visit Fotile for exchange, including the key talented employees from first and second special training courses of Ningshing.In the morning, more than 100 participants, including Ningshing Management Team, relevant personnel from the management team of the subsidiaries, key projects and headquarters, and the students from first and second special training courses of Ningshing Talents, visited Fotile Ideal City. Mr. Mao Zhongqun, Chairman and President of Fotile Group, shared the topic of Fotile’s new growth road—culture, innovation and change, during his presentation, he introduced Fotile’s cultural development process, cultural system and practical experience on Fotile’s continuous innovation, and had an interactive exchange with Ningshing management team.In the afternoon, the 2023 Senior Managers Joint Semi-Annual Meeting was held in Empark Grand Hotel Hangzhou Bay Ningbo. According to the annual tasks and requirements, the participants briefly reported the business operation in the first half of the year. They identified the problems, analyzed the situations they were currently faced with, exchanged experiences and put forward the work plan and implementation measures for the next half of the year.At the meeting, Chairman Wu made a speech entitled "Anchoring the goal, going all out to stabilize the operation and promote the breakthrough". He affirmed that during the severe economic downward period in the first half of the year, all Ningshingers took effective measures to expand the market, strengthen core management, and tried best to stabilize the business operation. He stressed three operating concepts and five requirements for the following business operation for the next half of the year. Three operating concepts were strengthening the sense of crisis, boosting confidence and determination, and persisting in diligence and thrift. Five requirements were to seize development opportunities and strengthen professional management of various sectors; to persist in innovation and actively expand the market; to deepen strategic cooperation and improve business quality; to implement responsibilities and strive to catch up with the current advancements; to strengthen confidence, work hard and go all out to ensure the completion of the annual goals and tasks.The meeting was presided over by the Secretary of the Party Committee & Vice Chairman Gao Ping. She put forward three requirements for implementing the spirit of the meeting. First to plan the work based on the steady business operation, fully understand the seriousness of the economic downturn and the arduousness of achieving the business target, strengthen risk prevention and control, and strictly hold the safety bottom line. Second to pay close attention to implementation, and adhere to the invariant goal, standards, efforts and enthusiasm. Third to give full play to the exemplary and leading role of party members and cadres, and contribute to the realization of Ningshing Holding's annual goal.

On July 14th, the Ningbo Manufacturing High-quality Development Conference & the 2022 Award Ceremony for Entrepreneurial Innovation Billboard was held in Ningbo Cultural Theatre. At the meeting, a large number of outstanding enterprises selected in the 2022 Ningbo Entrepreneurial Innovation Billboard were commended. Among them, Ningshing Holdings was awarded "2022 Ningbo Top 10 Enterprises in Import Trade"."Entrepreneurial Innovation Billboard" was known as "Ningbo Economic Oscar", and it has been published for 17 consecutive issues since 2006, which has attracted great attention from the government, enterprises and different sectors of the society.Ningshing Holdings would, as always, actively respond to the changes in the global economic situation, base itself on building a new pattern of development, accelerate the transformation and upgrading of foreign trade, actively expand new business models, adhere to the integration of trade with Industry-University-Research and domestic foreign trade, and strive to make new contributions to the development of Ningbo's foreign trade.

On June 27th, Four party branches, namely, Ningshing Holdings Headquarters, Ningshing Youyo Feed, Ningshing Haixin and Ningshing Hench, jointly launched the theme party day activities. There were 40 representatives of party members from four branches, including Mr. Wu Yigang, Chairman of Ningshing Holdings, Ms. Gao Ping, Secretary of the Party Committee and Vice Chairman, who attended the activity.At the first stop of the activity, all members went to Chuanshan Port Area of Zhoushan Port in Ningbo, overlooking the whole dock and the operation site, and feeling the development Ningbo Port.At the second stop, all members visited Zhang Renya Academy, which located in Xiapu Street, Beilun District, Ningbo City, to learn his initial intention of saving the nation from extinction, the faith of never betraying the party and the lofty spirit of fighting to the end.At the last stop, all party member visited Yushan warehouse of Ningshing Ubay Logistics. Mr. Shi Wei, General Manager of Ningshing Ubay Logistics, showed all the members around Yushan warehouse and gave a brief introduction of it. All members were deeply inspired by the big achievements in Ubay's professional upgrading and continuous innovation in recent years.This activity was a "supply station" for faith and energy. All Party members would base themselves on their own posts and go all out to promote the Ningshing's breakthrough development.