As we approach the Spring Festival of the Year of the Snake in 2025, Huangshan Zhenzhou extends its warmest greetings and best wishes to you! We sincerely wish everyone a happy New Year and a joyful family reunion!

The year 2024 marks a fruitful year for Huangshan Zhenzhou.

This year, technological innovation has led the industry. We have successfully passed the national high-tech enterprise certification four times and received approval for the Anhui Provincial Technology Research and Development Center. This recognition is a significant affirmation of our long-standing commitment to technological innovation and pursuit of excellence, marking an important milestone in the company's development journey.

Over the past year, the optimization team has refreshed its thinking. One member was recognized under the Outstanding Talent Program of the Jianghuai Talent Plan in Anhui Province. By harnessing the strength of party members, three groups focused on innovation, leadership, and energy conservation, implementing measures such as optimizing raw material procurement, saving energy, and reducing logistics costs, resulting in nearly 500,000 yuan in cost savings and efficiency improvements. Two outstanding party members were selected for further studies at top domestic universities, and over 20 visits were organized to peer and upstream/downstream companies, injecting new vitality into the team.

This year, with the support of patents, we have made significant progress. We filed for 2 invention patents and were granted 8 utility model patents, establishing a strong technological barrier that helps us stand out in a competitive market. Additionally, we achieved notable honors, including our self-built 'Xiaosan Line' aluminum electrolytic capacitor museum being listed among the first batch of museums in Anhui Province. Our company received the Best Delivery Award from Changhong Huayi, a leading global refrigerator supply chain enterprise for 2024. Furthermore, our 'High-temperature 110℃, 5000H long-life high-frequency low-impedance electrolytic capacitor' was recognized as a 'Pioneer in Technical Innovation' at the China Refrigerator Industry Conference, and we were awarded the Anhui Provincial Science and Technology Innovation Product by the Anhui Provincial Science and Technology Newspaper. These accolades reflect the high regard from various departments for our technological innovations and serve as strong evidence of our commitment to advancing technology in the capacitor industry.

Looking ahead to 2025, we embark on a new journey. Huangshan Zhenzhou will continue to uphold the leadership of party building, inherit the spirit of craftsmanship, and inject continuous innovative momentum into the development of the industry. Huangshan Zhenzhou is always with you, and we are grateful for your support! As the landscape becomes more beautiful and the stars shine upon every home, let us embrace the new year with hope during this time of bidding farewell to the old and welcoming the new. Wishing our great motherland prosperity and abundance, and may everyone's wishes come true, bringing joy and peace!