Dear Shareholders,

The year 2022 marked a milestone in the history of the CPC and our country. The 20th National Congress of the Communist Party of China (CPC), a nationally and internationally notable event, depicted the grand blueprint for building a modern socialist country in an all-round way and promoting the great rejuvenation of the Chinese nation. It also indicated the direction we will be heading towards and offered fundamental guidance for our future initiatives. The year was also of significance in the development history of the Company. The Company made the utmost effort in respect of development, risk prevention, safety and stability, thus creating the healthy an...