Looking back on the first half of the year, we have made steady and solid progress, laying a solid foundation for the company's development. Looking ahead to the second half of the year, we will forge ahead with determination and strive to break through, sprinting at full speed to achieve our annual goals. On the evening of July 15, 2026, the company solemnly held the "United for a Shared Future, Focused Breakthrough" semi-annual OKR-themed mobilization meeting, which was attended by the company's chairman, vice chairman, and core OKR personnel from various departments.

  The first item on the agenda was an opening summary and mobilization speech by Ms. Li Xiaojun, the company's vice chairman. Ms. Li first reviewed the various tasks completed in the first half of the year, summarizing the achievements of the phased work, in light of industry development trends and the company's current internal operations.

  In her speech, Ms. Li pointed out the complex and volatile industry market environment this year, highlighting the numerous challenges that external fluctuations have brought to the company's operations and development. She deeply analyzed common problems in team operations and corporate management, and pointed out that the company still has room for improvement in areas such as risk control, business structure optimization, departmental collaboration, process efficiency, strategy implementation, and cultural practice. She urged core personnel in each department to face the gaps squarely, conduct in-depth reviews, and thoroughly investigate the root causes of problems. She emphasized the need to diligently address shortcomings and continuously strengthen the foundation of internal management to clear obstacles for improving quality and efficiency and achieving breakthroughs in the second half of the year.

  Regarding the core objectives for achieving the full year's goals in the second half of the year, Ms. Li clarified the key work measures for the company to exert efforts both internally and externally to achieve breakthroughs: Externally, the team is required to continue to cultivate the market, stabilize the supply chain system, proactively adapt to industry changes, actively hedge against market volatility risks, continuously optimize product and customer structure, and steadily consolidate the company's core competitive advantages; Internally, emphasis is placed on cultivating refined management, comprehensively promoting quality and efficiency improvement, optimizing business processes, breaking down departmental barriers, strengthening efficient collaboration, leveraging information technology and intelligent tools to empower efficiency, and comprehensively improving organizational operational efficiency and personnel performance capabilities. Finally, Ms. Li stressed that all management backbone must thoroughly understand the company's strategic plan, solidify their job responsibilities, take the lead in practicing the corporate culture, and proactively shoulder the main responsibility for team building and work implementation. She also called on all employees to strengthen their confidence, work together in the same direction, and concentrate their efforts to overcome difficulties, striving with a pragmatic style and effective measures to achieve the various tasks in the second half of the year and go all out to achieve the annual development goals.

  The second item on the agenda was a summary and mobilization speech by Vice General Manager Mr. Liu Dawen. Mr. Liu first fully affirmed the hard work achievements of the company's various centers in the first half of the year, praised the outstanding performance of departments such as marketing, R&D, supply chain, manufacturing, engineering, and finance, and recognized the hard work and dedication of all employees who persevered against the odds. He emphasized that the efforts of employees deserve to be seen and recognized, and asked the management to take the initiative to boost team morale and build team cohesion.

  In response to the current severe situation of normalized price wars and intensified market competition in the industry, General Manager Liu provided an in-depth analysis of the industry cycle and the company's current development status. He pointed out that the worst thing to do in adversity is to be passive, complacent, or blindly panicked. The core of competition for enterprises lies in organizational resilience, responsiveness, and iterative capabilities. He emphasized that the company must abandon rigid thinking, streamline information feedback channels, break down departmental barriers, optimize business processes, establish a review and iteration mechanism, address operational shortcomings, and solidify core capabilities. At the same time, he called on all employees to stay focused on goals, proactively address capability gaps, cultivate value creation, seize the opportunities presented by industry reshuffling with an agile and pragmatic approach, strive to achieve annual operating targets, and build a strong competitive advantage for the company's development.

  With united hearts and minds, we strive forward, forging ahead to break through challenges and embark on a new journey. As the curtain slowly rises on the second half of the year's crucial campaign, we are full of confidence, well-prepared, and ready to embark on a new journey to achieve victory throughout the year. We believe that with the concerted efforts and concerted hard work of all our colleagues, the company will surely overcome industry changes, achieve its annual goals, and deliver an outstanding annual report. Let us continue to join hands, seize opportunities amidst challenges, pursue excellence in our breakthroughs, and go all out to win in 2026, jointly creating a new era of high-quality development for the company.