All colleagues of CITIC Titanium Industry:

Good New Year everyone!

At the beginning of spring, the wind shines brightly, and all things begin this morning. When all the warmth and emotions, hardships and sweat, and the sense of harvest condense into the light of memory, we once again stand shoulder to shoulder at a new starting point, listening hand in hand to the bell of 2024. On this occasion of the changing timeline, I would like to extend my sincerest greetings and best wishes to all colleagues and families of CITIC Titanium Industry during the holiday season!

2023 is the first year to comprehensively implement the spirit of the 20th National Congress of the Communist Party of China, and the year of economic recovery and development after the three years of COVID-19 epidemic prevention and control,adhere to the leadership of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era，resolutely implement the decision-making arrangements of CITIC Group and Metal Group, and effectively execute the company's "1234" business policy，to withstand external pressure, overcome internal difficulties, unite and work hard, cultivate opportunities in crisis, open up new prospects in changing situations, focus on party building, stabilize production, ensure safety, expand channels, reduce losses, and strive for benefits, steadily moving forward on the road of differentiated transformation and upgrading.

Red is the most vivid base color.Persist in strengthening the "roots" and "soul" of state-owned enterprises，solidly carry out the theme education of studying and implementing Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era，orderly promote the annual activities of branch construction, establish a "1+6" party building brand matrix, and empower CITIC Titanium Industry to develop with high quality.

Innovation is the most powerful driving force.We firmly establish the concept of innovative development, adhere to self-reliance and self-improvement in science and technology, focus on key and targeted research and development, and have been approved for the "Liaoning Province 'Xingliao Talent Plan' Industry High end Talents", "National Intellectual Property Advantage Enterprise", "Liaoning Province Intelligent Manufacturing Strong Province Direction Special Fund Project", and "Liaoning Province Manufacturing Single Champion Enterprise".

Environmental protection is the most beautiful manifestation.Actively implementing the "dual carbon" strategy, continuously promoting the construction of a green manufacturing system, and winning the titles of "Industrial Product Green Design Demonstration Enterprise (Fifth Batch)", "Annual Energy Efficiency Leading Benchmark Enterprise (Iron Powder)", and "Provincial Water saving Enterprise".

Collaboration is the strongest support.Adhere to the principle of "sharing" for "win-win", build a benign development ecology, sign a tripartite strategic cooperation agreement with CITIC Dicastal and Nippon Paint Group, strengthen the supply chain cooperation in the field of coatings, and promote the high-quality and sustainable development of the company.

Striving forward is the strongest guarantee.The vast number of workers and masses dare to endure hardships, fight bravely, and sound the "charge" to win the battle for survival and defense in adversity, and respond to extremely difficult situations with extraordinary measures. A batch of long-standing and difficult problems have been resolved, and a batch of practical problems and potential risks that constrain development have been stabilized and controlled. A more streamlined, efficient, and dynamic CITIC Titanium Industry is thriving.

Time records solid steps, and time engraves the footprints of progress. 2024 marks the 75th anniversary of the founding of the People's Republic of China.For CITIC Titanium Industry, it is the first year to comprehensively promote the implementation and landing of the adjusted strategic plan, and the decisive year to win the battle to turn losses into profits，Let us hold high the great banner of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, guided by the spirit of the 20th National Congress, adhere to and strengthen the comprehensive leadership of the Party, and fully and accurately implement the new development concept，adhere to the core business philosophy of "customer, reputation, cost, and efficiency", with a high spirited and enterprising attitude, achieve breakthroughs and continuously promote the high-quality development of CITIC Titanium Industry.

Let us wish the great motherland prosperity and flourishing together! Wishing CITIC Titanium Industry a better tomorrow! Wishing everyone good health, family happiness, and all the best in the new year!