Deputy General Manager (Liu Zaiping) fondly recalled the fruitful achievements the company had made in business expansion, product innovation, team building, and other aspects over the past year. From the day-and-night perseverance in tackling projects to the resolute strides in market breakthroughs, from the pursuit of excellence in product iteration to the continuous upgrading of service quality, every achievement is inseparable from the hard work and concerted efforts of all Jiefeng's talents.

Chairman Feng Zhenghan sent early Spring Festival greetings to all Jiefei Gao people. Reflecting on our achievements and looking ahead to the future, we feel deeply warm. The company's steady development over the past year is inseparable from the efforts of all employees. Facing the changes in the PCB industry, we have deepened our focus on communication, industrial control, and automotive electronics, and expanded our customer base to include drones, AI servers, and semiconductors. The sales team has played a significant role, achieving a 40% growth domestically and a 200% leap overseas. The PCBA business has developed rapidly, with new bases and production lines enhancing our order receiving capabilities.

We actively respond to customer needs, delivering challenging orders with the strong support of our R&D and production teams. The engineering department efficiently processes orders, maintains strict quality control, and achieves record-breaking production plans. The logistics department ensures stable delivery. These achievements stem from team collaboration.

Industry challenges persist: the global PCB market is expected to exceed US$90 billion by 2025, with fierce competition and a trend towards high-end upgrading and low-end contraction. Rising raw material costs are adding to the pressure.

Opportunities and challenges coexist. We adhere to a high-end strategy, deeply cultivating in the fields of AI servers, semiconductors, communications, drones, and automotive electronics, tackling technical challenges, and optimizing services and delivery. This year, our goal is to achieve over 30% business growth, enhance quality, production, and R&D levels. We plan to invest over 20 million yuan for equipment updates, expansion of factory buildings, optimization of the talent system, and improvement of accommodation conditions.

The circuit board serves as the backbone of electronic devices, while employees are the pillars of a company. Last year, we laid a solid foundation, and this year, we will continue to forge ahead into the future. I believe that in 2026, we can achieve great success together.

Based on industry development trends, we have clarified our strategic planning and development goals for the new year. In the coming year, Jiefengao Circuit will continue to uphold the concept of "craftsmanship builds quality, innovation empowers", deeply cultivate core areas, expand development boundaries, and work together with Jiefengao people with stronger belief, more pragmatic style, and higher morale to move forward on the path of high-quality development, and jointly outline a new picture of the company's development.

[Annual Outstanding Employees]: Gao Meng, Yi Tienan, Wang Yushun, Gong Limei, He Yan, Mao Qi, Yao Tongfan, Yuan Huazhong, Luo Yongsen, Wang Yankun, Zeng Jianhui, Zhang Mingpo, Wen Xiande, Yao Linghong, Wang Zhan, Li Zhengping, Wu Piao, Su Jianing, Feng Xiao, Liu Juhong, who have been steadfast in their positions, fulfilling their duties with utmost dedication, and elevating ordinary tasks to extraordinary heights. They actively contribute, embodying the professional and pragmatic corporate spirit, demonstrating enthusiasm and responsibility in daily work and emergency tasks, becoming the core of the team. They silently persevere, implementing every task, actively collaborating and sharing responsibilities, showcasing their excellence through their sense of duty, proving that even ordinary positions can shine brilliantly.

[Annual Quality Pacesetters]: Zhang Hong, Li Wang, Li Bin, Shi Zhige, Yang Long, and Guo Chunping. These quality pacesetters are meticulous and rigorous, striving for excellence and adhering to the quality bottom line. They strictly control every aspect, identify potential hazards, optimize processes, and safeguard product quality and brand reputation. Upholding the concept of quality first, they are meticulous in their work, rigorously checking data and procedures, actively learning and sharing experiences, and enhancing team quality awareness, laying a solid foundation for the high-quality development of the enterprise.

[Technical Workers]: Hu Lunyue, Tan Liangmin, Dong Jing, Zhang Shuangjiang, and Xia Chao, as technical workers, deeply delve into technology, dare to innovate, and face challenges head-on. They focus on technological upgrading and process optimization, overcome difficulties, achieve research and development results, and use their professional abilities to break bottlenecks and empower enterprise development. They delve into innovation, explore new technical methods, overcome barriers in the face of difficulties, are willing to pass on and share experience, enhance team capabilities, and support the company's progress.

Annual outstanding employees, quality pacesetters, and technical workers are the best performers in their positions and the backbone of the company's development. Their dedication and responsibility embody the spirit of hard work and guide the direction of progress. In the new year, all employees should take the advanced individuals as benchmarks, focus on their own duties, dare to take responsibility, strive for excellence, and turn the spirit of role models into practical actions, jointly writing a new chapter of high-quality development for the enterprise.

Excellent Team of 2025 [Production Department - Drilling Process]

After a year of busyness, we unleash the brilliance of youth. Following the commendation ceremony, the vibrant cultural performance officially kicked off. Jiefeng's talents, directed and performed by their own team, showcased their versatility and positive spirit through various forms such as singing, dancing, skits, and recitations, presenting an audio-visual feast to the audience.

The opening performance of the drum set "God of Wealth Arrives" and the God of Wealth's presence were filled with surprises. Every smile carried the beautiful expectations for the New Year. With the passionate drum beats and festive atmosphere, we gathered together to witness the glory of the role models and embark on the journey of the new year.

During the performance, the engaging interactive games and surprise lucky draws kept the atmosphere at the venue warm, encouraging colleagues from various departments to actively participate and cooperate seamlessly, thus narrowing the distance between them amidst laughter and joy. The rounds of lucky draws pushed the atmosphere to a climax, with generous prizes bringing smiles to the lucky winners. The venue was filled with surprises, and every smile carried the beautiful expectations for the new year. The individual glimmers converged into a brilliant starry sky. The colorful artistic performances added luster to the grand event. The dance "Frog Dance" was lively and adorable, the skit "Almost" was humorous and thought-provoking, the dance "If Heaven Has Feelings" was graceful and emotional, the dance "Colorful Universe" was energetic and ignited the audience, the dance "High Mountains and Flowing Water" was elegant and graceful with a distant artistic conception; the drumming "Confession Balloon" was gentle and healing, filling the atmosphere with a sense of intimacy, the skit "Do You Understand?" was full of fun and laughter, the recitation "Colorful Chinese Dream" was powerful and delivered positive energy, the program "Face Changing" was exquisite and amazing, and the songs "Like You" and "The Sun Never Sets" were melodious and triggered a chorus from the entire audience. These audio-visual feasts showcased the versatility and youthful charm of the Jiefai Gao Circuit family.