On November 12, the 2022 Annual Supplier Conference of Minglida was held in Dongguan, Guangdong Province, with nearly 200 supplier representatives from across the country attending the meeting and conducting docking negotiations.

The theme of this conference is "Jointly Breakthrough, Win-Win the Future of New Energy". We will earnestly implement the national "dual carbon" and "dual cycle" strategies, green manufacturing deployment, discuss the development plan of the new energy industry, seek the development future of the new energy industry, and jointly embark on a new journey of the new energy industry.

At the meeting, brilliant speeches were shared on domestic and foreign macroeconomic analysis, strategic layout analysis, industry volume analysis, procurement expectations, compliance management, etc., demonstrating the strategic planning and critical path of collaborative development between Minglida and suppliers. At the same time, we will work together with suppliers to make a commitment to compliance and self-discipline, advocate "value procurement, sunshine procurement", clarify the "three principles", "five red lines", and "ten regulations", and jointly create a healthier and compliant business system.

As one of the earliest private enterprises in Guangdong to enter the precision structural parts industry, since 2004, Minglida has achieved great development through hard work, reaping new joy through exploration, and winning new hope through struggle. In 2022, Minglida successfully went public and became the world's leading one-stop manufacturer of precision structural components.

In the keynote speech segment, four senior executives from Minglida delivered speeches on topics such as excellent supplier standard positioning, management requirements, as well as sunshine procurement management mechanism, and information based capital operation mechanism, focusing on exploring how to work together to create a competitive supply chain ecosystem.

At the meeting, a short video exhibition of "Minglida's Development Course (2004-2022)" was held to review and witness the cultural spirit and historical moments of self-improvement and progress of Minglida. Subsequently, a "Integrity Pledge Ceremony" and a "Supplier Recognition Ceremony" were held. Three award-winning supplier representatives took the stage to deliver speeches, sincerely expressing the joy of growing together with Minglida.

Suppliers have stated that as a partner of Minglida, it is our highest honor. We have worked hand in hand with Minglida to develop together, witnessing the rapid changes of Minglida. We have always taken "establishing long-term strategic cooperation and achieving win-win results" as the direction of joint efforts of both parties, and along the way, we have known each other, helped each other, and established a long-term and profound friendship. We cherish the accumulated good reputation very much, and will further strengthen cooperation with Minglida in the future, fully promote industrial upgrading, and closely follow the development pace of Minglida.

Finally, Tao Cheng, Chairman of Minglida, said that in the past three years, Minglida has invested in and built several industrial parks under the huge pressure of the uncertainty of the COVID-19. Now, the business volume in various regions is growing rapidly, and good news is reported frequently. Behind these achievements is the result of the deep integration of Minglida's strategic planning and suppliers.

Chairman Tao Cheng pointed out that the world today is in a great change that has not been seen in a century, with various risks and opportunities emerging in endlessly. The globalization of the precision structural parts industry is unstoppable. This turbulent period of change is changing things that we have not experienced before. The previous understanding is no longer applicable to the current world. We need to open up, cooperate, develop, break fixed thinking, and work together for win-win coexistence. During the change, we are at the crossroads of where to go. The guests present have not experienced it, nor have I experienced it. We believe that this is an opportunity for everyone and every industry.

He emphasized that in the future, Minglida will seize the opportunity, focus on the new energy industry, accelerate the promotion of domestic and international dual cycle development pattern, promote industrial layout with practical actions, seize market share, and meet customer needs. As Minglida's procurement volume increases year by year, we look forward to working with more globally competitive and specialized partners to work together to create a strong value chain and a healthy ecosystem, and create a better tomorrow.