On January 20, Ningshing Holdings' summary and commendation and 2022 business meeting were held in Ningbo Nanyuan Hotel.

The meeting was presided over by Vice Chairman Gao Ping. President Huang Yongzeng firstly made the 2021 annual work report entitled "Working together to create a new pattern of high-quality development of Ningshing Holdings". The report comprehensively summarized the company's achievements in professional management, promotion of key projects, research and development of technical products, function promotion and cultural guidance in 2021. Mr. Huang also analyzed the complicated and changeable economic situation and deployed seven work tasks for 2022.He pointed out that in 2022, the company should focus on the central task of "high-quality development", adhere to the concept of "innovation-driven, quality first, talent-oriented, open cooperation", focus on key breakthroughs in key projects, enhance innovative R&D capabilities, strengthen strategic cooperation at all levels, promote digital construction, empower quality management, optimize functional construction and enhance overall planning capabilities, actively build Ningshing brand advantages, strengthen party building and corporate culture construction, pay attention to the cultivation of young echelon, and strive to achieve a new development pattern of "better quality, higher efficiency and stronger competitiveness".

Mr. Wu Yigang, Chairman of the Ningshing Holdings, made a speech entitled "Strategy leads innovation, improves progress and promotes high-quality development in depth", he highly affirmed the work achievements in 2021 and pointed out that 2022 was the first year of the new round of strategic planning of Ningshing Holdings, and it was a crucial year for key projects to seek breakthroughs and achieve new results. Ningshing Holdings should focus on high-quality development, promote innovation and development in depth; focus on key areas and strengthen lean operation; focus on digital empowerment and continuously improve differentiated competitive advantage;focus on the echelon construction and build a high-quality management team. The company should respond to the uncertainty of external environment with the certainty of self-development, and strive to achieve higher-quality innovation and development.

Mr. Tan Zhengguo, Executive vice president of Ningshing Holdings, announced the commendation decision of Ningshing Holdings in 2021. The meeting commended 117 advanced groups and individuals in 2021, and required all employees to take the advanced as an example, stand on their posts, work hard, make new achievements, and make new contributions to complete all the objectives and tasks in the new year.

Nine general managers from each subsidiary made positive statements on high-quality development in 2022.

Finally, Ms. Gao demanded all subsidiaries should thoroughly implement the spirit of the meeting according to the requirements of the company and their own reality, with a high sense of mission and urgency, unite consensus and pay close attention to implementation, improve quality, promote innovation, work hard and achieve the annual goals and tasks in an all-round way.