2022 is the year of the successful convening of the 20th National Congress of the Communist Party of China and a crucial year for implementing the 14th Five Year Plan for development. This year, facing the downward cycle of the titanium dioxide industry, our production, operation, reform and development tasks are arduous and heavy. The company's party committee unites and leads all employees to overcome difficulties, always adhering to the concept of "customer, reputation, cost, and efficiency" without wavering, actively practicing the "double guarantee" strategy. Faced with unexpected factors and many difficulties and challenges, we unite, warm up together, and overcome difficulties. It is not easy and deserves to be cherished even more.

Throughout this year, we have always adhered to the "roots" and "soul" of state-owned enterprises, with the main theme of welcoming the 20th National Congress of the Communist Party of China. We have solidly carried out a series of activities, conscientiously studied, promoted, and implemented the spirit of the 20th National Congress of the Communist Party of China, gained a deeper understanding of the decisive significance of the "two consolidations", consciously strengthened the "four consciousnesses", firmly established the "four confidences", and achieved the "two safeguards".

This year, we solemnly celebrate the 20th anniversary of our company's establishment. Grasp the baton of 'hard work and struggle' tightly, maintain an unyielding attitude of struggle, focus on the overall situation, compare dedication, take on responsibilities bravely, and do good deeds. Inheriting the spirit of daring to be the first, daring to struggle, hard work, sacrifice and dedication of CITIC Titanium Industry, and cultivating a new style of CITIC Titanium Industry in the new era.

This year, we worked together to fight against the epidemic and ensure production. More than 500 employees went against the tide, stuck to their posts, stayed in the factory to ensure production, and worked together with the company to overcome difficulties. The busy figures, tough eyes, and solid footprints are vividly remembered! Through practical actions, it has demonstrated the spirit of titanium industry professionals who are not afraid of difficulties, bravely shoulder heavy burdens, and charge ahead.

This year, we have adhered to putting the people at the center, focusing on development for the benefit of the workforce, improving the happiness index of employees, and continuously enhancing their sense of gain, happiness, and security. Holding skills competitions, providing coolness, group running, mountain climbing and other activities to further stimulate the sense of unity and cooperation among employees, promote sunny work and happy life, and fully demonstrate the positive and enterprising spirit.

This year, our 60000 tons/year chlorination process titanium dioxide project joint trial production achieved complete success. Focusing on the operation of national specialized, refined, and new "little giant" enterprises, the recognition of high-tech enterprises, and the maintenance of provincial science and technology platforms, we have continuously cultivated scientific and technological innovation, and have authorized a total of 35 invention patents. We have been awarded the honorary titles of "National Green Factory" and "City level Water saving Enterprise".

Despite its difficulty, it is even more glorious. Looking back on the past year, there have been difficulties in climbing hills and overcoming challenges. In the development process of CITIC Titanium Industry, it has been extremely unusual and extraordinary. The heaviness and arduousness of our mission are unprecedented. We have stabilized production, planned sales, fought against the epidemic, and gathered people's hearts Over the past year, we have overcome one difficulty after another, completed one challenge after another, and contributed to the development of the company with the courage and perseverance to achieve our mission, gathering together to create a powerful driving force for the company's growth.

After going through an extremely difficult journey, we have ushered in a brand new year. 2023 is the starting year for fully implementing the spirit of the 20th National Congress of the Communist Party of China. We must resolutely implement the decisions and deployments of the higher-level Party committee, strengthen our confidence and sense of responsibility, work hard, move forward courageously, closely combine with the actual situation of CITIC Titanium Industry, and firmly implement the goals and tasks proposed at the 20th National Congress of the Communist Party of China.