With the change of chronological order, the new chapter of the year, the new atmosphere of the new year, and the renewal of everything, standing at a new starting point, the past and future are taking over and continuing. It is a great opportunity to start a new chapter and seek new opportunities. Shandong Hengsheng Graphite Technology Co., Ltd. has concentrated on the 2023 work summary and the 2024 target oath ceremony, the Hengsheng Quartz Crucible Project Production and the Shandong Hengsheng New Materials Co., Ltd. New Site Completion Ceremony, and the 2023 year-end summary meeting and award ceremony series of activities, aiming to summarize the past, plan the future, start a new journey, and create a new future.

2023 Work Summary and 2024 Goal Oath Conference for "Understanding the Past and Appreciating the Present, Continuing the Past and Opening Up the Future"

On the afternoon of January 25, 2024, representatives of shareholders of Hengsheng Graphite, management personnel of various subsidiary companies, and business backbones gathered at Hengsheng's new site to hold the 2023 work summary and 2024 goal pledge meeting. Mr. Liu Zhiqiang, Chairman and General Manager, mentioned in his work report that the past year has been a key year in promoting the high-quality development of Hengsheng. In 2022, the company has made new plans and layouts from various aspects such as industrial chain connectivity, capacity expansion, securitization, informatization, product diversification, and market diversification. If 2022 is a year for drawing blueprints, then 2023 is a year for coloring the blue chart.

The smooth construction and production of multiple bases provide a guarantee for the company's capacity release; The opening of the Hengsheng New Material Purification Workshop has greatly improved the purification efficiency and quality of high-end graphite parts, providing us with a basic guarantee for entering the high-end business market. The company's materials and products have successfully passed the verification of Shandong Youyan Semiconductor, opening the door for us to explore the high-end business market. The cooperation with numerous customers has provided a foundation for the high-end business market to start in two years and develop in three years; The achievement of the national level specialized and innovative small giant enterprise honorary title has elevated the company's intellectual property achievements to a new height; Actively participating in various skills competitions at the city level is our training ground for innovative research and development. The achievement of rankings and honors is the best reward for our innovative achievements. We have collaborated with various intermediary agencies, strictly following the requirements of IPO regulations, and have carried out the rectification and standardization tasks of the year by carefully considering word for word, sentence for sentence, and implementing them step by step. We have successfully cleared obstacles for the subsequent work of the company's listing and provided basic guarantees.

At the meeting, in addition to reviewing the work for 2023, Liu Zhiqiang also led everyone to deeply analyze and reflect on the shortcomings in the previous year's work, and meticulously decomposed the work goals for the next year. He also signed annual target responsibility commitment letters and integrity and self-discipline commitment letters one-on-one with the heads of various subsidiary companies and business units. Liu Zhiqiang emphasized that the past year of 2023 has been a year of remarkable achievements. While we are celebrating the achievements, we must also acknowledge that we still have many shortcomings. While enjoying a bright future, we must also be aware of the serious internal competition in the industry, the constantly fluctuating market situation, and the difficult road ahead. Facing the future, we must be confident and respectful. While we are confident and full of confidence, we must also respect the market, respect industry laws, take precautions, enhance risk awareness, and enhance the company's ability to resist risks.

The ceremony for the commissioning of the Hengsheng Quartz Crucible Project and the completion of the new site of Shandong Hengsheng New Materials Co., Ltd.

At 10:58 a.m. on January 26th, 2024, the inauguration ceremony of Hengsheng Shi Ying Crucible Project and the new site of Shandong Hengsheng New Materials Co., Ltd. officially began. The ceremony was presided over by Comrade Jin Ping, member of the Standing Committee of Rencheng District Committee, Zhang Dong, deputy mayor of Jining Municipal Government and party member, Comrade Zhang Linghua, secretary of Rencheng District Committee, Mr. Liu Zhiqiang, chairman of Shandong Hengsheng Graphite Technology Co., Ltd., Mr. Chen Lianhe, president of Industrial Bank Jining Branch, and Sheng Hou, chairman of Jiangsu Acer High-tech Materials Co. Comrade Li Lu Zhong, secretary of the Party Working Committee and director of the Management Committee of Jining Canal Economic Development Zone, and principal responsible persons of Erlipu Street, principal responsible persons of District Development and Reform Bureau, District Science and Technology Bureau, District Industry and Information Bureau, District Finance Bureau, District Natural Resources Bureau, District Housing and Construction Bureau, District Commerce Bureau, District Administrative Examination and Approval Bureau, District Comprehensive Law Enforcement Bureau, Urban and Rural Revitalization Company, members of the Canal Economic Development Zone team, representatives of some enterprises in the New Materials Industrial Park of Canal Economic Development Zone, representatives of cooperative banks, suppliers and representatives of news media.

Comrade Zhang Dong carefully listened to Mr. Liu Zhiqiang's annual work report of the General Manager before the start of the activity, and fully affirmed the achievements made by Hengsheng Graphite; We have put forward earnest expectations for the future development plan of Hengsheng, hoping that Hengsheng can fully leverage its role as a leading enterprise in the industry and contribute to the economic and social development of the entire region; At the same time, Comrade Zhang Dong congratulated the official production of the Hengsheng Quartz Crucible Project and the completion of the new site of Hengsheng New Materials Company, and sent New Year greetings to all the guests present. Comrade Zhang Linghua encouraged Hengsheng to boldly innovate, increase R&D investment, continuously improve the company's core competitiveness, promote the company's rapid development, and rapidly grow and strengthen in his speech. Mr. Liu Zhiqiang, Chairman of Hengsheng Graphite, expressed gratitude to leaders at all levels and friends from all walks of life for their care and support towards Hengsheng, and reported on the overall planning of Hengsheng New Materials Factory; Representatives from Hengsheng Cooperative Bank and suppliers delivered speeches and sent their blessings.

The production line of Hengsheng quartz crucible has been successfully put into operation, providing an opportunity for the company to seize the business opportunity, enriching Hengsheng's product structure, adding new highlights to the diversified development of the company's products, and providing more added value for customer service; The new site of Shandong Hengsheng has been completed and put into use. What changes is the address, and what remains unchanged is the original intention. We will forge ahead, work hard, and continue to promote the high-quality development of the company.

"New Journey · Creating the Future" Hengsheng 2023 year-end summary meeting and award ceremony

On the afternoon of January 26, 2024 at 17:20, the Hengsheng 2023 year-end summary meeting and award ceremony kicked off in the dignified and elegant "Ink and Ink Rhyme Dance". Mr. Liu Zhiqiang, the chairman, delivered a speech at the evening party. Mr. Liu Zhiqiang stated that 2023 was a year of fruitful results, a year of bright spots, and a year of high morale. All achievements were achieved through the joint efforts of all Hengsheng people. This year, I was often moved by the busy figures in the workshop who worked tirelessly late at night; Moved by the rushing figures at airports and high-speed rail stations; Moved by the back of someone who listens to commands, dares to take on responsibilities, and travels far away to a foreign land; It is precisely the hardworking, brave, and excellent talents of Hengsheng who have forged the glory of Hengsheng today. All Hengsheng talents are the greatest wealth and treasure of Hengsheng. We would like to express our gratitude to all employees of Hengsheng Graphite and commend outstanding management personnel and employee representatives from various subsidiary companies at the meeting.

The program, which was self written and performed by company employees, was extremely exciting at the party. It featured the gentle flowing water of the Jiangnan small bridge, the magnificent beauty of the national color and the modern style of the 1980s. The whole party was full of highlights and climaxes, and various surprise awards pushed the atmosphere of the party to its peak. The whole evening ended successfully in a joyful and peaceful atmosphere.

On a journey of thousands of miles, the wind is strong and the heavy responsibility is heavy. We set off again, leaving glory for the past and striving to achieve the future. Every successful past is the starting point for opening up a bright future. With a new starting point, new journey, and new leap, 2024 is destined to be an extraordinary year for Hengsheng, but also a year full of challenges. The direction of our aspirations is boundless and far-reaching; The direction of one's aspirations is unwavering. Standing at a new starting point of development, opportunities and challenges coexist. Faced with new development tasks, as long as all of us, Hengsheng people, play chess together, unite, and maintain a hardworking, down-to-earth, and hardworking work style; A pragmatic, rigorous, and efficient professional attitude; A diligent and inquisitive learning spirit that transcends oneself; Amazing perseverance that dares to take risks and perseveres; We will surely be able to draw a more exquisite development blueprint, compose new chapters, and create brilliance again!