2022 is destined to be an extraordinary year. This year, we faced a turbulent international situation, experienced delays and setbacks from the epidemic, and experienced the cold wave of the industry; This year, we have stood firm in uncertain environments, walked forward together in difficulties, and persevered together in storms.

Recently, Xiaoya Precision held a 2023 business work summary meeting to review the course of the year, summarize the gains and losses of the year, and discuss the development plan for the coming year. Li Yonggang, Secretary of the Group Party Committee, Chairman, General Manager, and other group leaders attended the meeting. Members of the Guoji Taixiang leadership team, team leaders or above from various departments of Xiaoya Precision, design and development process personnel, marketing personnel, procurement personnel, and others attended the meeting. Sun Haokun, Assistant General Manager of Xiaoya Precision, presided over the meeting.

Wang Qianfeng, Secretary of the Party Branch and General Manager of Xiaoya Seiko, gave a report on the theme of "Based on Innovation, Synergy, Strive to Overcome Difficulties, and Expand Our Ambition with Strong Confidence to Comprehensively Promote the High Quality Development of Xiaoya Seiko". When reviewing his business work in 2022, he pointed out:

• Promote both internal and external development, prioritize both new and old, and fully promote market development and expansion

• Focusing on innovation, strengthening research and development, and accelerating the promotion of industrial incubation to improve quality and efficiency

• Improving mechanisms, consolidating responsibilities, and continuously strengthening comprehensive safety and environmental protection governance

• Standardized management, continuous transformation, and solid promotion of efficient and smooth management system

• Optimize the structure, strengthen training, and comprehensively enhance the innovative potential of the talent team

• Overall planning, improving station positioning, and highly valuing the leading role of party building

• Comply with laws and regulations, operate steadily, and efficiently promote the healthy development of corporate governance

• When deploying business measures for 2023, he emphasized:

Guiding ideology for 2023

Focusing on achieving business targets and enhancing profitability, we closely focus on customer needs, strengthen market development and product innovation, optimize management, promote industrial transformation and upgrading, and promote high-quality development of the company.

Business ideas for 2023

Focusing on customers and innovation, adjusting structure, promoting change, and seeking development to enhance the company's product competitiveness and profitability; Based on refined 5S management, promoting information construction as the starting point, setting standards, optimizing processes, ensuring implementation, promoting product quality and efficiency, and promoting industrial transformation and upgrading; Guided by party building and guided by goals, we aim to enhance motivation, collaboration, and synergy to promote the company's high-quality and sustainable development.

2023 Business Measures

（1） Always adhere to the business philosophy of "customer first", seize market opportunities, and ensure that the annual business tasks are overfulfilled;

（2） Overcoming all unfavorable factors and setting sail to achieve breakthrough development in international business;

（3） Create conditions for comprehensive layout and actively apply for more government support funds;

（4） Deeply understand the meaning of "putting service first", consolidate existing high-quality customers, and continuously create value for customers;

（5） Embed the idea of "innovation as the soul" into the hearts of every employee, and achieve high-quality development of the enterprise through continuous innovation;

（6） Adhere to bottom line education, establish a strong awareness of the red line, and resolutely implement the safety production responsibility system;

（7） Keep in mind the corporate culture of "striving first" and always maintain a good style of hard work and positive progress;

（8） Adhere to the leadership of party building, leverage the role of party branches as battle fortresses, and forge a steel team that has always fought and won battles.

The development of the company is inseparable from the unremitting efforts of cadres and employees, as well as the strong support of the group. Li Yonggang, Secretary of the Party Committee, Chairman, and General Manager of the Group, affirmed the work achievements of Xiaoya Precision in 2022 and thanked the hard work and dedication of Xiaoya Precision cadres and employees over the past year.

He stated that the leadership team of Xiaoya Precision Technology has united and led cadres and employees to bravely face challenges, actively seek innovation and change, and demonstrated the entrepreneurial and resilient spirit of Xiaoya people, effectively addressing various difficulties and challenges. They have achieved good results in market expansion, technological innovation, internal management, and stabilized the basic production and operation situation.

When deploying the future development of the automotive supporting industry, he proposed: firstly, we must always adhere to the leading position in marketing, run orders, negotiate customers, and practice the skills of taking care of ourselves; The second is to focus on strengthening the cultivation of core technological advantages in the main business, providing strong support for high-quality development; The third is to liberate the mind, innovate boldly, and continue to break new paths and achieve new results.

In the afternoon, personnel will be grouped according to five categories of products: body, chassis, axle, wheel equipment, and mold tooling. Group discussions will be held based on the meeting report and annual work situation. After the discussion, the group representative will report on the discussion.

Wang Qianfeng, Secretary of the Party Branch and General Manager of Xiaoya Jinggong, stated that clear goals should be achieved step by step, and the focus should be on implementation. He hopes that each group can prove through actions and data, and deeply implement the discussion plan in production and operation.

Only by crossing the vast sea can one show his true heroism, and the long road ahead requires even more swift action. 2023 will be a year full of challenges and challenges, as well as a year full of hope and sowing the future for Little Duck Precision. We firmly believe that all difficulties will be overcome and all obstacles will be conquered. We will strengthen our confidence and make every effort to promote the high-quality development of Xiaoya Seiko, and jointly draw a grand blueprint for Xiaoya Holdings Group!