Zhejiang BONDLYE 2018 Annual Meeting - The future determines the present, dreams ignite passion!

Mr. Chen Faxian, Chairman, delivered a New Year's speech:

Hello everyone!

Today, we gather here to hold the 2017 year-end summary and commendation conference, summarizing our achievements and shortcomings over the past year, commending outstanding employees and advanced collectives emerging on various fronts, and looking forward to the company's vision and goals for next year and even the next five years. It is necessary and meaningful. At the same time, in a while, we will soon welcome the Lunar New Year, starting the year of "Golden Dog and Jade Dog". On behalf of the company's board of directors and management team, I would like to extend a warm welcome to all the hardworking cadres and employees who have contributed to the development of the company in various fields and positions, as well as your families. I would like to express my sincere gratitude and best wishes! Wishing everyone good health, smooth work, and all the best in the new year!

The chairman reported on the work summary of 2017:

The year 2017 can be said to have been spent amidst busyness, anxiety, harvest, and reflection. Busy with the thinking and research of development planning, product planning, business planning, and other three major plans, busy with the decomposition, implementation, and execution of the five character policy of "breaking", "reducing", "developing", "adjusting", and "eating"; anxious about whether the rapid development of new energy vehicles will have a significant impact and influence on the post-processing industry we are in; harvested from the overall business goals, both the sales revenue of the parent and subsidiary companies exceeded the target; reflecting on the shortcomings in various aspects of our work.

The future determines the present, dreams ignite passion - the biggest challenge in business is the uncertainty from the future, which requires adapting to constantly changing external factors while also dealing with the fiercely competitive market environment! We must have the ability to foresee the future, make firm strategic decisions, and take practical actions.

The overall goal of the company's five-year plan is to achieve a sales revenue of 1.8 billion yuan by 2022 and become one of the top three suppliers of domestic independent brands in the automotive emission after treatment industry.