Strengthen development confidence and work hard towards the future

　　At the beginning of the new year, a nationwide battle against the novel coronavirus pneumonia (COVID-19) was launched. To this day, under the strong leadership of the Central Committee of the Communist Party of China, the nationwide epidemic prevention and control situation has continued to improve, and the momentum of restoring production and life order has been consolidated and expanded. In the face of the current severe situation of the epidemic spreading overseas, China has also exported the "China Solution" to the world. In this battle against the epidemic, the Huaye Group actively implemented prevention and control measures, donated money and materials, fulfilling our social responsibilities and obligations as an enterprise.

　　Analyzing Economic Trends, Uniting Development Forces

　　The sudden outbreak of the epidemic has caused more or less losses to all industries. However, the crisis brought about by the epidemic, like the two sides of a coin, presents every industry with a test and unexpected opportunities. On February 18, during a phone call with British Prime Minister Boris Johnson, General Secretary Xi Jinping stated that "China's economy is resilient, its domestic market is vast, and its industrial base is strong. China is confident and capable of achieving its economic and social development goals this year, especially in focusing on the key tasks of decisively winning the battle to build a moderately prosperous society in all respects and the battle against poverty." We see that the impact of the epidemic on the economy is expected to be mainly concentrated in the first quarter, and the fundamental long-term positive trend of the Chinese economy will not change.

　　Against this backdrop, our enterprises should further strengthen their confidence in development, maintain their momentum, and focus on development while ensuring epidemic prevention and control.

　　Breaking Through Adversity, Delivering a Win-Win Result

　　The epidemic is still in a critical period, but it has not affected the progress of the Group's various industries. As Linyi City promotes the resumption of work and production for enterprises, releasing relevant policies and measures, focusing on promoting both epidemic prevention and construction, and achieving success in both areas, Hedong District has sounded the charge for high-quality development. The Group responded swiftly, quickly launching a new wave of project construction, holding the groundbreaking ceremony for the Shandong Huaye Surface Technology Ecological Demonstration Park. Currently, the new park, as a leading project in the "four centers" of the "12345" work measures for the transformation and upgrading of the Hedong District's hardware industry, has received environmental impact assessment approval and has commenced full-scale construction. The real estate, tea, and finance sectors have also resumed work and production, actively identifying and seizing opportunities for innovative development in the face of adversity, injecting new vitality. The Group's various business activities are proceeding smoothly, delivering a win-win result of "resumption of work + epidemic prevention".

　　Strengthening Development Confidence, Maintaining Momentum

　　The spring breeze is invigorating, and all things are flourishing. Every crisis and challenge paves the way for a brighter tomorrow. Facing a more complex, innovative, and diversified post-epidemic era, we must fully analyze the new situation, seize new opportunities in poverty alleviation, industry reshuffling, and forced industrial transformation and upgrading, make precise layouts, adjust strategies, actively respond, and demonstrate the new achievements of a regional leader in industrial upgrading.

　　All Huaye people must strengthen their confidence, maintain their momentum, consolidate the foundation, make up for shortcomings, use self-driven to promote team-driven, use target assessment to promote responsibility implementation, and use service guarantee to promote improved efficiency and quality in operations. We must coordinate the resumption of projects, resource integration, and model innovation to create a new situation of better and faster development for the Group! I firmly believe that the heroic Chinese people will surely overcome the epidemic! After the epidemic, Huaye's development will surely be even better!