United efforts, creating brilliance - Zhejiang Yongling Hydraulic Machinery Co., Ltd. Annual Staff Meeting and Awards Ceremony

　　On the afternoon of January 24, 2025, the annual general staff meeting of Zhejiang Yongling Hydraulic Machinery Co., Ltd. was held as scheduled. This was not only a summary and review of the past year's work, but also a commendation and affirmation of the hard work and outstanding achievements of all employees. In 2024, with the global economic environment full of uncertainty and challenges, Yongling Company, under the leadership of its management team, and with all employees united, relied on their perseverance and innovative spirit to write a new chapter in the company's development.

　　Prelude: United as One, Painting the Future

　　The meeting opened with the warm and powerful voice of the host, Xu Hongmei. Chairman Li Jun was the first to speak, highly praising the remarkable achievements of Yongling Company against the backdrop of a complex and changing global economic environment and increasing industry challenges. These achievements are inseparable from the hard work and tireless efforts of each employee. Chairman Li stated that difficulties and challenges have tempered everyone's will. In the face of uncertainty, everyone has united as one, relying on their perseverance and innovative spirit, not only stabilizing the market but also making breakthroughs in certain areas. This is the result of the selfless dedication of Yongling people and a reflection of everyone's strength in moving forward against adversity. Chairman Li outlined the company's future goals: to become an industry leader and provide the highest quality products. He encouraged employees to actively participate, put forward new ideas and suggestions, and work together to promote the company's development. Chairman Li also emphasized the importance of promoting corporate culture, highlighting core values, team spirit, and the pursuit of innovation to showcase the company's image and inspire employees to work together to create a brilliant future.

　　Company Operation Summary: Hard Work Creates Brilliance

　　General Manager Yu Zhenghua highly affirmed the hard work and outstanding contributions of all employees over the past year. He believed that, through everyone's joint efforts, the company has achieved remarkable results, particularly in cost control and efficiency improvement. Subsequently, General Manager Yu gave a detailed summary report on production, technology, and sales. He mentioned that, affected by the broader environment, Yongling Company's production and sales performance in 2024 was not significantly impacted; instead, labor productivity increased, and energy conservation and emission reduction also achieved significant results. In terms of technology and quality, improvements such as the PV2R2 no-load noise issue and adjustments to the PV2R1 rotor process have significantly improved product quality and performance. In addition, General Manager Yu also reported in detail on the company's financial operations and set targets for 2025. He emphasized that the company will increase its investment in technological innovation and improve its quality management level to actively respond to market changes and ensure the company's sustainable development. Finally, General Manager Yu reminded everyone to pay attention to safe travel during the Spring Festival, to strictly prohibit gambling, and to guard against telecom fraud.

　　Technology and Quality Report: Quality Builds Trust

　　Vice President of Technology and Quality Zheng Changma shared the technology and quality report. He pointed out that in the past year, the technology department has achieved remarkable results in innovation and breakthroughs, such as improvements in PV2R2 no-load noise reduction, improvements in the quality of new gear pumps, adjustments to the PV2R1 rotor process, successfully overcoming the problem of rotor pressure resistance under continuous high pressure, and optimization of T-series stator materials. Regarding product quality issues in 2024, tooling management has been standardized, and testing tools have been corrected to ensure the quality of parts processing. Vice President Zheng set the 2025 technological innovation goals, including continuous improvement and optimization of the quality of older products. He emphasized that quality is the lifeline of an enterprise and that quality management must be strengthened, testing processes improved, employee quality awareness and operational skills enhanced, pre-sales, in-sales, and after-sales work improved, and quality inspection and supervision strengthened.

　　Production Management Innovation: Data Empowerment for the Future

　　Vice President of Production Zhang Jianchao introduced the company's innovative measures in production management. In 2024, the company optimized its information and network management system, achieving real-time sharing and intelligent analysis of production data. This system covers multiple links, including procurement, production, warehousing, and equipment, not only improving production efficiency but also achieving precise control of production materials, reducing inventory backlog, and effectively lowering operating costs. At the same time, the system can promptly identify and resolve inventory shortages, avoiding situations where assembly parts are in short supply. In addition, the company has implemented a new warehouse manager assessment method to further improve the accuracy of warehouse data. These measures fully demonstrate Yongling Company's firm steps on the path of modern management. In 2025, the company will continue to deepen information management, implementing it in various production links to further improve and enhance production efficiency. In terms of workshop management, the implementation of workshop reorganization and assessment systems has yielded significant results. Workshop order has been restored, and environmental sanitation has also been improved. In 2025, the company will continue to implement the assessment system and continuously optimize production management.

　　Advanced Commendation: Moment of Glory

　　The highlight of the meeting was the commendation and award ceremony for outstanding teams and employees. The auxiliary group of the metalworking workshop won the title of outstanding team, and six employees with outstanding performance—Ye Jianren, Zhu Jinrong, Wang Zhonglin, Wang Linling, Qi Guoxing, and Hu Yiyan—were awarded the honor of "Annual Outstanding Employee." These honors are not only recognition of their individual contributions but also encouragement and motivation for all employees. Chairman Li Jun personally presented awards to the outstanding team, and General Manager Yu Zhenghua presented awards to the outstanding employees. The winners beamed with pride and joy, and their colleagues expressed their congratulations and respect with warm applause.

　　Meeting Summary: Sharing Achievements, Looking to the Future

　　The meeting concluded in a warm and harmonious atmosphere. Chairman Li Jun delivered a summary speech, once again emphasizing the importance of teamwork. He encouraged employees to maintain their original aspirations, be brave in innovation, unite as one, and work together to face and overcome future difficulties. He hoped that, through the joint efforts of all employees, Yongling Company can continue to uphold the business philosophy of "quality first, customer supreme," with full enthusiasm and firm steps, moving towards higher goals. Finally, Chairman Li extended New Year's greetings to all employees with enthusiastic words.

　　Material Distribution: Conveying Care

　　After the meeting, the company carefully prepared abundant materials as a token of care and reward for each employee. Boxes of fruit and rice bran oil, full of the company's intentions, were distributed to the employees in an orderly manner. These materials, though seemingly insignificant, carry the company's gratitude for the employees' hard work and best wishes for the future. Every employee felt the warmth of home and a stronger sense of belonging.

　　Conclusion: Working Together to Create a Brighter Tomorrow

　　This annual general staff meeting and awards ceremony was both a grand event for summarizing and commending achievements and a mobilization meeting to unite people and inspire potential. Every Yongling person deeply felt the warmth and strength of the company and became more determined to work together with the company to create a better future. Looking ahead, Yongling Hydraulic will continue to uphold its core values of "innovation, collaboration, responsibility, and win-win," working hand in hand with all employees to move towards higher and farther goals, and together write a new chapter for Yongling people!