After reviewing the problems and studying the situation in 2022, Mr. Chen said in his report that 2023 was the first year after the enterprise was ranked among the top 500 private enterprises in China and the middle year of the 10-year mission in five years. As we move forward in 2023, we should grasp the characteristics of the stage, seize the opportunities for development, carry out the management idea of comprehensive coordination, strengthen protection, optimize structure and control risks, strengthen the coordination of production, supply and market, strengthen the matching of resources, production capacity and demand, strive for excellence, improve quality, and make concerted efforts to promote the grand process of completing the 10-year mission in five years.

In the new year, we have to unite our hearts, make joint efforts, and try our best to grasp the following five major areas of work:

First, keep the bottom line to ensure the safe operation

All industrial groups, regional centers and functional systems should take the problem as the guide, solve the loopholes, make up the shortcomings, prevent risks, keep the bottom line, guard the red line, and guarantee the enterprise's smooth operation and safety.

Second, consolidate to improve, and recreate excellent business performance

We should strengthen the coordination of production, supply and market, the matching of resources, production capacity and demand, industrial synergy, structural optimization and domestic and international circulation, solidify the operation foundation, consolidate the development results, improve the business performance and make further efforts to create better business performance.

Third, work hard and actively to maintain strong development momentum

The key to the completion of the 10-year mission in five years, and to the "Three-in-One" transformation and development is in the project. We need to stay firm in the "Two New Areas and Three Trends" development strategy (wherein, the Two New Areas refers to lithium-ion battery materials and new cobalt materials, and the "Three Trends" refers to high-end products, industrial integration, and internationalization of management), co-ordinate domestic and foreign production capacity planning, project construction, park development, aim high, work hard and actively and maintain the hard-won development momentum.

Fourth, take the innovation to drive and support the enterprise transformation and upgrading

Deploy talent chain with the industrial chain to achieve full coverage of high-end talents in the industrial chain; build innovation chain with the industrial chain to enhance the competitiveness of leading product and cost; and support the high-quality transformation development of the enterprise with the integration of industrial chain, talent chain and innovation chain.

Fifth, fully perform duties and enhance the ability of duty fulfillment in a comprehensive manner

With the growing business scale, rapid development and internationalization of the enterprise, it is necessary for the functional system to improve its ability to perform its duties, strive for excellence and improve its quality, to consolidate the operation foundation, improve the business performance and maintain the development speed.

The achievements are encouraging and the goals are inspiring. Mr. Chen said in the report that 2023 is a very important year in the development history of the enterprise and a very vital year in the process of completing the 10-year mission in five years. Judging from the work schedule for 2023, there are many things, heavy tasks and great pressure. Accomplishing our goals throughout the year requires us to maintain a spirit of self-improvement and excellence. On the basis of our enterprise's 20-year development, we should aim high to take the lead, break through in quality and make concerted efforts to advance the grand process for the 10-year mission in five years.

At the conference, Zhou Qifa, Vice President of the Group, read out the Decision on Organizational Adjustment and Appointment and Removal of Relevant Personnel on behalf of the enterprise, and Han Zhenxing, Vice General Manager of the Enterprise Operation and Management Center, read out the 2022 Summary Report on Breakthrough Progress and Landmark Achievements and the 2022 Performance Assessment Report of Major Operating Units. After the conference, all heads of each industrial group and headquarter functional units organized group discussions, carefully studied the spirit of the 2023 work report, clarified the direction of work, strengthened the beliefs, and transformed the corresponding discussion results while studying speeches at the conference.