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2025 Spring Festival Holiday Arrangements and Company Development Target Report

2025-01-19

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Part 1 :  2025 Spring Festival Holiday Arrangements

 Dear customers and colleagues: the new year begins with a new beginning, and the 2025 Spring Festival holiday is approaching. According to the national statutory holiday regulations and the actual operation of the company, the 2025 Spring Festival holiday will be started from January 22, 2025 to February 5, 2025, a total of 14 days. All of our colleagues will resume to work after January 5, 2025. All departments are requested to make work arrangements in advance to ensure the smooth handover of various businesses, and remind employees to arrange holiday travel reasonably and pay attention to personal and property safety.

 Warm reminder: Our company will not arrange any production and delivery during the holidays but our oversea sales people will continues to service you during the holidays. In order to ensure that it does not affect the normal business operations of our customers, please arrange your ordering plan before and after the holidays according to your DC solenoid product requirement, and contact our company in time so that we can arrange production and delivery as soon as possible. We apologize for any inconvenience and thank you for your understanding!

Part II. Summary of the company's achievements in 2024

2.1 Business expansion

2.1.1 Market share expansion: In the past year's efforts, the company has successfully entered 3 new international regional markets. Through a series of marketing activities and high-            quality DC Solenoid products and services, it has gained a firm foothold in the new market, and the overall market share and performance have increased by 60% compared with            the year of 2024.

2.1.2  Increase in the number of customers: Colleagues in the business department actively developed customer resources, established long-term cooperative relationships with 3 large          enterprises, added nearly 20 small and medium-sized customers, and achieved customer satisfaction of more than 98%. The customer complaint rate dropped significantly by 3%         compared with 2023.

2.2 Product innovation

  1. New product research and development: The company invested a lot of money in research and development and successfully launched 10 innovative rotary solenoid and rotary actuator as well as the latching solenoid products, among which brakes and medical solenoid valves received a warm response in the market. Sales exceeded 1 million yuan in just 6 months after listing.
  2. Product upgrade and optimization: The existing more than 10 major car headlight solenoid products were upgraded and optimized, which improved product performance and domestic user experience and enhanced the competitiveness of domestic products in the market.

2.3 Team building

  1. Talent training: 15 internal training sessions were organized, covering professional skills, management capabilities and other aspects. The employee participation rate reached 80%, which effectively improved the comprehensive quality and business capabilities of employees.
  2. Improve team cohesion: By carrying out various team activities, such as outdoor development and cultural festivals, the communication and collaboration between team members are enhanced, creating a positive corporate culture atmosphere.

Part III. 2025 New Year Target and Company Development Plan

3.1 Business goals

  1. Continue to expand the market: Plan to further expand the solenoid valve business in the domestic and international markets in 2025, increase the market coverage of the company's products and services, and expect the market share to increase by another 100%.
  2. Improve customer satisfaction: Strengthen the construction of the customer service team, improve the customer feedback mechanism, ensure that customer satisfaction is increased to more than 99, and control the customer complaint rate within 1%.

3.3 Product development plan

  1. Research and develop new products: Increase R&D investment, and plan to launch nearly 10 new water solenoid valves products with industry-leading levels and a variety of rotary solenoids and a series of other small household appliance solenoid valve products in 2025 to meet the changing needs of domestic and foreign markets.
  2. Optimize product structure: sort out the existing push-pull intelligent electromagnets and optimize the door lock electromagnets, eliminate some low-efficiency car headlight electromagnet products, concentrate resources on developing new products with core advantages, and improve the overall profitability of products.

3.3 Team building target

Talent introduction: According to the company's development needs, recruit 20 professional talents of various types to enrich key positions such as R&D, sales, and management, and inject new vitality into the company's development.

Team training and development: formulate a more complete training plan, organize no less than 20 internal training sessions throughout the year, and encourage employees to participate in external training and industry exchange activities to enhance the overall strength of the team.

 

Part 4 : Summery

In the past 2024, our home and oversea customers have walked hand in hand and witnessed many important moments together. Customer support and trust are our driving force, and every cooperation is the cornerstone of our growth.

In the new year of 2025, all of our colleagues will continue to uphold the concept of "customer first", continuously improve product quality and service level, and provide you with better and more professional solenoid product solutions. We wish you a prosperous career and a happy life in the new year of 2025. Whether it is in rainy or sunny, we will walk with you all the way and create more brilliance together!

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Once Again, Thanks you for your strong support and affirmation over the 2024. we wish you all a happy New Year, family happiness, good health, and all the best in advance of 2025. In the new year of 2025, we hope we can continue to work together and develop together.