On the morning of February 1, 2024, Zhangjiagang held the entrepreneur event themed *Strive Forward with Steadfast Resolve, Forge Ahead in Unity for Breakthroughs*, for enterprises with annual tax payment exceeding RMB 50 million in 2023. Our company was once again awarded the honorary title of "Star Enterprise with Tax Payment Over RMB 50 Million". Jiangsu Jinfan Electric Group recorded annual tax payments exceeding RMB 100 million in 2023. Chairman Peng Zhengxiong attended the commendation ceremony and received the award on stage.

▲Present Awards to Representatives of Enterprises with Tax Payment Over RMB 50 Million

In 2023, the Company has consistently practiced its corporate philosophy of **"Technology-led, Innovation-driven Development"**, prioritizing innovative development in corporate growth. We keep recruiting elite talents and continuously increasing investment in R&D. We support the transformation and upgrading of battery manufacturing from informatization and automation to smart manufacturing and dark factories, providing robust technical support and optimal technical services for China’s progress toward becoming a powerhouse in battery manufacturing. Meanwhile, we have made our due contributions to the early achievement of global carbon peaking and carbon neutrality goals and ushering in a new era of green energy.

Looking ahead, the Company will continue to uphold its mission of **"Build a Famous Brand, Forge a Century-old Jinfan"**, implement the philosophy of **"Continuous Improvement"**, and carry forward the enterprise spirit: **"Technology-led, Innovation-driven Development; Deepen Reform, Pursue Targeted Transformation"**. Seizing industrial development opportunities, we will help the enterprise embark on the fast track of high-quality development and contribute to the high-quality economic development of Zhangjiagang City.