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Guangxi Yinyi Company's New Year's Message for 2025

Wang Xiaofeng, Chairman of Guangxi Yinyi New Materials Co., Ltd

All employees of Guangxi Yinyi Company:

The spring sunshine of heaven and earth is approaching, and the sun and moon are opening new yuan. On the occasion of the arrival of a new year, on behalf of the Party and government leadership team of Guangxi Yinyi New Materials Co., Ltd., I would like to extend sincere greetings and best wishes to all employees and their families, as well as to our superiors and friends from all walks of life who care about and support us!

2024 is an extremely extraordinary year. This year, there were strong winds and waves in the international environment, as well as risks and challenges in domestic development; This year, there was a tenacious struggle to overcome difficulties and an unwavering commitment to reform and innovation. Faced with severe and complex situations and multiple difficulties and challenges, we have made every effort to do a good job in production and operation, mobilized extensively to improve quality and efficiency, ensured the stable operation of production and operation, and taken new steps in solidly promoting high-quality development.

This year, we demonstrated our development courage with the passion for entrepreneurship and hard work. Faced with the increasing pressure of macroeconomic downturn, shrinking market demand, and continuous intensification of competitive pressure, we have made breakthroughs in expanding raw material channels, tackling marketing challenges, promoting project management, and deeply integrating party building by adapting to the situation and adapting our business strategies to the direction of high-quality development.

This year, we added production momentum with lean management as the engine. Adhering closely to the annual business goals and tasks, with the core of improving production and quality, reducing consumption and increasing efficiency, we have deeply tapped into the potential of equipment, overcome production bottlenecks, and achieved a new high in production line capacity. The daily output of electric cobalt has reached 14 tons, achieving a leapfrog improvement.

This year, we have strengthened our core drive with innovation and research as the driving force. We insist on increasing our investment in science and technology, winning the market with new technologies, processes, and products. Our research platforms such as the New Materials Research Institute and the Analysis and Testing Center are steadily advancing, and multiple scientific research achievements have been transformed. The pilot plant has made significant breakthroughs in production, and our company has been awarded the first prize of the "Tianjin Science and Technology Progress Award" and the honor of being an excellent supplier of cobalt. Our core competitiveness continues to strengthen.

This year, we focused on improving quality and efficiency to unleash endogenous power. We have deepened our efforts to reduce costs and increase efficiency, strengthened our awareness of collaborative operations, and continuously improved our level of refined management. Our quality, environmental, and occupational health and safety management systems have been continuously strengthened, and the work system that emphasizes both management and efficiency has become more mature and standardized. The construction of a compliance management system has achieved significant results.

To the New Year, the mountains and rivers are far and wide; New journey, bright road ahead. 2025 is an important year for Guangxi Yinyi Company to seize opportunities and meet challenges. We will continue to adhere to the overall working tone of "seeking progress while maintaining stability" and the business theme of "transformation and quality improvement". With rock solid determination and the belief of daring to fight and win, we will continue to anchor the new journey of high-quality development and move forward courageously.

In the new year, we will continue to firmly adhere to the innovation driven strategy. Focusing on cutting-edge technologies, taking solving R&D problems and improving product added value as a breakthrough point, promoting the transformation and upgrading of product structure focus, and continuously enhancing the efficiency of characteristic products.

In the new year, we will continue to deepen industrial upgrading and construction without slackening. Accelerate the exploration of new products, markets, and models in the new materials industry, synchronize product iteration and upgrading with industrial transformation and upgrading, and build future competitive advantages through industrial upgrading.

In the new year, we will continue to improve our management efficiency without slackening. Firmly establish business philosophy, steadily improve enterprise management level and quality efficiency level, rapidly advance various tasks, and continue to make efforts and long-term achievements in promoting reform, promoting development, creating benefits, and ensuring safety.

Although the challenge is difficult, the hope is particularly strong. In 2025, let us leap forward and forge ahead, with a more firm belief, more effective actions, and more full passion, unite and work together, and strive to write a new chapter of high-quality development for Guangxi Yinyi!

Wishing everyone a happy New Year, progress in their careers, happiness for their families, and peace and success!