New Year’s Address

Timely snow foretells a bumper harvest; Golden pig welcomes a new year. On the occasion of the ringing of the New Year’s bell in 2019, on behalf of the Party Committee and the Board of Directors of Jiangsu Pengfei Group, I would like to express their sincere wishes and heartfelt thanks to all the Pengfei people and their families who have contributed to the development of the company in the past year, and leaders, customers, partners and people from all walks of life who have been caring for the development of Pengfei for a long time! I wish you all good health, good work, happy family and good luck in the new year! 2018 is the first year of the implementation of the spirit of the 19th National Congress and the 40th anniversary of reform and opening up. In the past year, we have adhered to the general tone of steady progress, in accordance with the requirements of high-quality development, comprehensively promoted supply-side structural reforms, and seized the development opportunities of the "One Belt and One Road”, reform and innovation, and the continuous optimization of industrial structure. The innovation has been significantly enhanced; the quality and efficiency have been steadily improved; and corporate governance has become more and more standardized. The Group has won many honors such as the industry outstanding enterprises in China's 40 years of reform and opening up, the invisible champion enterprises in Jiangsu Province, and the top 50 independent industrial brands in Jiangsu Province. Over the past year, we have continuously consolidated and upgraded the market champion status of rotary kiln, and expanded cement rotary kiln to metallurgical nickel ore, lithium roasting, clean utilization of coal chemical, solid waste hazardous waste disposal, etc., We completed shipment of more than 100 rotary kilns such as Dalian Huarui, Delong Nickel, and signed an oversized order for more than 30 rotary kiln of Sinosteel. Over the past year, we have continuously built and developed the "Belt and Road” market, and completed two cement production lines and three grinding station general contracting projects. In June 2018, Turkish Prime Minister Yıldırım attended the completion of our group's 3000t/d production line general contracting project; in August, the governor of Almaty, Kazakhstan attended the opening ceremony of the group's annual production of 1.2 million tons of production line contracting project; in December The Uzbekistan Nukus cement production line, which is mainly contracted by the group, is officially put into production... Looking back, we are very pleased; looking forward to the future, we are full of pride. In 2019, it was the 70th anniversary of the founding of New China, and it was also a crucial year for Pengfei Group to implement the 13th Five-Year Plan. Under the support of the country's stable economic growth and the "One Belt and One Road Initiative”, the Group will have a relatively stable operating environment. Guided by Xi Jinping's new era of socialism with Chinese characteristics, we must firmly grasp the new requirements for high-quality development, adhere to the supply-side structural reform as the main line, innovate the development concept, promote the deep integration of advanced manufacturing and service industries, and promote equipment manufacturing. The industry is developing towards intelligent manufacturing, focusing on the construction of "One Belt and One Road”, unswervingly implementing the "going out” strategy, realizing quality change, efficiency change, and system reform, opening up a new journey of 2019, and creating a new glory for Pengfei. We will meet the 70th anniversary of the founding of the People's Republic of China with excellent achievements.

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