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Dear colleagues,
Hello everyone!
When we stand at the starting point of 2025 and look back on the company's journey along the way, our hearts are full of emotion. In the 90s of the last century, I started with a difficult start in the aquatic trade, and with the courage to dare to fight, I gained a firm foothold in the market, and also accumulated valuable resources and experience. In 2000, Taizhou Xingwang Aquatic Products Co., Ltd. was formally established, which is an important milestone in our development history. Since then, we have been committed to integrating industry resources, making every effort to build a complete industrial chain, and through the strong alliance with many industry elites, we will be upgraded to a group company in 2021, with more than 10 holding subsidiaries, and the scale of the enterprise continues to grow and its influence continues to increase.
In the past years of development, we have united the team with strong emotions, and we are like a family, working together to overcome one difficulty after another. However, with the continuous expansion of the company's scale, we also clearly realize that the management model that relies solely on emotional maintenance can no longer meet the current development needs. In management, the lack of mechanisms and processes began to show drawbacks, which limited the efficient operation of the company to a certain extent, and affected the scientificity of decision-making and the standardization of implementation. In the current wave of rapid development, there is a certain degree of disconnect between our team's capability structure and innovation level and the needs of the times. Especially at the level of innovative thinking, the traditional mindset is more serious, and the sensitivity to emerging ideas and models is insufficient, and it is difficult to propose innovative solutions that meet the current market trends and customer needs, which restricts the company to keep up with the pace of the times and the process of sustainable development to a certain extent. However, since the second half of 2024, we have resolutely started the process of management standardization, and are committed to establishing a sound system and work process, strengthening the closeness between the Group and its subsidiaries, and ensuring that the company's operations are more orderly and efficient. This is why I made it clear 10 years ago that I made a clear requirement for corporate governance, and now I am determined to truly do what I want to do through action.
Looking forward to 2025, we are full of confidence and feel the heavy responsibility on our shoulders, and the members of the group-level team jointly formulated three core goals for 2025 to point out the direction for the company's development.

First, the development of high-tech industrial projects. In the current era of rapid development of science and technology, technology empowerment is the key to achieving breakthroughs for enterprises. For the development of high-tech industrial projects, we will make efforts from two important dimensions: on the one hand, it is urgent to carry out scientific and technological transformation of existing old industries. Although we have accumulated a deep foundation in the industry for many years, we are also facing an urgent need for transformation and upgrading. For example, in the field of aquatic product processing, the introduction of advanced production technology and the development of innovative shore products to enhance the added value of products. Through the scientific and technological transformation of the old industry, we will explore new growth points, promote the company's gradual transformation into a technology-based enterprise, and always maintain a leading position in the fierce market competition; On the other hand, we should actively explore new industries with high-tech content. At present, emerging technologies are constantly emerging, opening up new horizons for us to develop. With keen market insight, we should actively lay out some new industries with high-tech content to inject new vitality into the company's development.

Second, each business sector focuses on the management of the self-seeing, only the production of benefits of the enterprise has vitality, the development of annual business objectives and to ensure the achievement of each subsidiary must accurately analyze the market and enterprise operation conditions, the goal of the effective, can be implemented countermeasures, not continue to "follow the crowd" or "luck psychology" to do business. The resource-based sector should collect resource information and quickly adjust and layout. The integrated sector of industry and trade should closely focus on the requirements of "opening up sources and reducing expenditures" to improve the profitability of enterprises. The service-oriented sector should achieve "quality and efficiency" and contribute to the improvement of the group's corporate image. As our new characteristic and advantageous products, the yellow croaker industry in Dachendao has huge market potential. In 2025, we will take advantage of the government's policy guidance for the development of the yellow croaker industry, dig deep into the brand value of Dachendao yellow croaker, control the quality from the source, and optimize the whole process of variety introduction, scientific breeding and market sales.

Increase brand publicity and promotion, enhance the brand awareness and reputation of Dachen Island yellow croaker, and build it into a fishery brand with national influence. We will further improve the organizational structure, clarify the responsibilities and authority of each department, and optimize the internal communication and cooperation mechanism. Establish and improve the core operation systems such as finance, human resources, and risk management, and introduce management software and tools that are currently mature and widely used, so as to improve the level of informatization and digitalization of management. By strengthening the group's management and control, the rational allocation and efficient utilization of resources are realized to ensure the smooth realization of the company's strategic goals. The development of the enterprise is people-oriented, and promoting the improvement of the professional level of personnel is an important task of the group in the organization and management of this year.

Dear colleagues, 2025 is a year full of challenges and opportunities, and the process of management standardization and the realization of the three goals are inseparable from everyone's efforts and dedication. I hope that everyone will actively adapt to the new management requirements, be brave in innovation, and dare to take responsibility. Let us work together to promote the company to achieve more brilliant achievements on the new journey with firm belief and unremitting efforts!

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