Chunhui Intelligent Control 2027-2030 Re-Entrepreneurship Strategy Kick-off Meeting

Today, the twelfth lesson of the sixth Elite Class of Chunhui Smart Control has started, and I am very honored to share with you the future 2027-2030 development strategy transformation plan of Chunhui Smart Control.re-entrepreneurshipThe success of Chunhui Smart Control's listing is the result of all employees uniting, being open, persevering, and forging ahead. Of course, we must also be soberly aware that Chunhui Smart Control, whether in scale or strength, is still a small company. We must avoid being complacent, arrogant, or stagnant in our operations, ensure smooth and rapid communication in management, be frugal and low-cost in expenditures, and be cautious in investments... As the chairman and actual controller of the company, I am also deeply aware of the extraordinary achievements and wholehearted dedication we have made in the fields of automotive electromechanics, heating technology, and energy control. However, in today's ever-changing era where standing still means falling behind, we must always keep up with development trends and bravely take steps toward reform. Starting from 2024, Chunhui Smart Control will be based on globaldigitalizationdual carbondevelopment trends, and fully transform into asmart city and green energyfocused enterprise! After in-depth market research and strategic analysis, our board of directors firmly believes that this strategic transformation will continue to bring Chunhui Smart Control broader development space and unlimited business opportunities.

Chunhui Smart Control 2027-2030 re-entrepreneurshipaims to let everyone forget past successes, while also reviewing and summarizing lessons, in order toopenness, perseverance, and progressSpirit, once again establishing outstanding and challenging goals, joining hands to create a better future together—Centennial Chunhui
    In short,re-entrepreneurshipthe logic and execution route of the strategy ultimately is: from our core team to middle management and all employees, we must proactivelybreak throughthe constraints of old and outdated concepts, and also keep pace with the times toliberatethe previously effective but now outdated and inappropriate ideas. In specific business management tactics, this means that we need toReconstructionFuture-oriented organizational forms and management models, definitely not just patchwork! By once againClarifyingDefiningStrategic consensus, delegating authority and responsibility to the four strategic business units (Business Unit) with an open mindset, truly practicing“”Unity in diversity"Strategic principles that align with the professional characteristics of the industry, making independent, innovative, standardized, dynamic, and fast decision-making management efforts to enhanceBUCompetitiveness and sustainable development capabilities, stimulating vitality, unleashing potential, and striving forward, thereby achieving Chunhui Smart Control's 2027-2030 strategic goals of market leadership, leading profitability, and unique competitive capabilities!

May 31, 2024

Zhejiang Chunhui Intelligent Control Co., Ltd.

Chairman Yang Guangyu