Respected leaders at all levels, friends from all walks of life, and dear entrepreneurs:
How do you do!
Time series changes, with new chapters emerging day by day; Golden Horse welcomes spring, everything is renewed. On this beautiful occasion of bidding farewell to the old and welcoming the new, on behalf of the company, I would like to extend my sincerest New Year's greetings and highest respect to all the hardworking members of the Daye family in various positions, as well as to the leaders, partners, and friends from all walks of life who have long cared for and supported the development of the company!
Looking back on the old year, this was a crucial year for the company to anchor its sustainable development direction and forge ahead. It is also a year of prosperous performance and abundant fruits. On the scroll of time, there are engraved our firm footprints of working together to build dreams, and flowing with the passionate blood of ambitious people who dare to take risks and do things. We have successfully set a new business record, with production and sales exceeding 870000 tons, a year-on-year increase of 6%. With solid business performance, we have made a significant contribution to our development. The relocation of Daye New Materials factory has been successfully completed, with a significant increase in production capacity, laying a solid foundation for us to strive for our 2026 target; Shengtong Steel Curtain Cable Tire Wire, with excellent quality and core technology, has won the title of Shandong Province Single Champion, further consolidating and enhancing the company's leading position in the industry.
During the surging spring tide, the groundbreaking ceremony for the company's integrated green energy project was successfully held. Amidst the clamor of drums and gongs, we sowed the seeds of hope for green development; The fan blades of wind power projects store energy in the wind, and the factories of biomass cogeneration projects are rising from the ground. Now these projects are nearing completion and are waiting to unleash their energy, injecting inexhaustible power into the high-quality development of the company. The Moroccan project, which crossed the ocean, has also smoothly entered the implementation stage, won the anti-dumping battle in Brazil, and was awarded the "Best Global Partner" by Jinhu Tire. We have expanded our global territory through practical work, and let the banner of Daye fly in the wind on the international stage. On the path of green development, we have gained a lot of recognition and glory. The CDP Climate Action has achieved an "A -" rating for two consecutive years, the ESG rating has been awarded an A rating, and the ISO14021 declaration certificate has been obtained, which is the best proof of our commitment to environmental protection and social responsibility. The Daye Smart Zero Carbon Industrial Park has been successfully selected for the creation list of zero carbon parks in Shandong Province. The international standard ISO 16650:2025 "Bead Wire" revised by the company has been officially released, and the drafting of the national standard for cable type bead wire for aviation tires has entered the preparatory stage. This is a powerful demonstration of our innovation led industry development and responsibility to protect our ecological home. On the track of technological innovation, we have never stopped, and the research and development of humanoid robot tendons has been further advanced. Every breakthrough embodies the day and night research of the R&D team, and every achievement carries our ambition to move towards high-end manufacturing.
In the journey of struggle, the most touching thing is the cohesion of spirit, and the most precious thing is the figure of struggle. We firmly believe that employees are the most valuable asset of the company. In the year of the company's development journey, a large number of selfless and enterprising outstanding employees have emerged. Employees from departments such as the Energy Management Department and the Infrastructure Department have fulfilled their duties, and many employees have actively cooperated across departments. They have rooted themselves in the front line of the project, bravely shouldered the heavy burden, dared to take action, and devoted themselves to the steady progress of the company's wind power project and biomass cogeneration project. They have made outstanding contributions through hard work and perseverance. What is even more gratifying is that a large number of excellent role models have emerged around us: Comrade Wang Hongbin was awarded the Excellent Individual Award in the Weifang "Three Inspections and Three Defenses" Safety Production Competition, Comrade Xu Jinlei was awarded the honorary title of "Weifang Craftsman", and Comrade Qi Lixun was awarded the title of "Weifang Employee Innovation and Efficiency Expert"; Comrade Han Xiaoping won the May Day Labor Medal of Shandong Province, and her established innovation studio has been awarded the honorary titles of "Model Worker and Craftsman Talent Innovation Studio in Various Cities" and "2025 Weifang Model Worker and Craftsman Talent Innovation Studio"; Zhang Zulong Innovation Studio has also been recognized as an innovation studio by the Shandong Provincial Foreign Trade and Economic Cooperation Commission Labor Union. These shining achievements are inseparable from the perseverance and dedication of every great entrepreneur. This year, we have devoted ourselves to enriching the cultural life of our employees: in the mini marathon race, everyone sweat and surpass themselves; In the basketball friendly match with Qingdao Special Steel, we made progress through making friends and exchanging ideas; In the confrontation with the stationed troops on the battlefield, our military and civilians are united and discuss friendship together; On National Day, the Daye Tongxin Running Team pays tribute to the motherland with a running posture, and writes a sincere love for the country with blood and passion.
The golden horse rushes forward to create a beautiful scenery, and the spring breeze spreads out its grand plans. The new year is full of hope and opportunities, and it is also a year for us to seize the momentum and create new brilliance. This year, we will make rapid progress towards the goal of producing and selling 1 million tons. Standing at a new historical starting point, let us unite with the high spirited posture and enterprising spirit of horses, work hand in hand and shoulder to shoulder, overcome difficulties and forge ahead with more firm beliefs, more pragmatic style, and more innovative measures, continue to write a new chapter on the road of sustainable development, and shine with greater brilliance in the pursuit of great dreams!
Finally, I sincerely wish everyone good health, smooth work, happy families, and all the best in the new year!
Thank you all!
Chairman: Dou Yong
December 31, 2025
