Time flies, years like a song. With the happiness and hardship of hard work, we have passed an extraordinary 2022 and ushered in 2023 full of hope and challenges. 2023 is the Year of the Rabbit. Jade Rabbit is auspicious. As the New Year is approaching, I representThe shareholders of the company will extend their sincere condolences to all employees and their families who have worked hard in the past year! ToAdvanced teams and outstanding employees in 2022 pay high tribute! I would like to extend my New Year's greetings to the leaders, brothers and business partners at all levels who have been caring and supporting us!

2022 is a year of great challenges for the company. Domestic economic demand continued to contract, supply shocks, the expected weakening of the triple pressure; the challenge of the new crown epidemic is unprecedented, resulting in the continued downturn in the titanium dioxide product market. However, under the strong leadership of the company's team, all employees have overcome difficulties, worked hard, and worked closely around the company's annual work goals, and achieved dual achievements in production and operation and project construction: the annual production of titanium dioxide14702tons, the highest annual production record;12Monthly production record. First-class product rate99.65, stable quality; The total yield is 88.5, which is still in the forefront of the same industry in China. Production of 672 tons of polymer products. CompanyAnnual sales revenue0.24 billion yuan, pay taxes about 4 million yuan. At the same time,Actively promote the first phase60000 tons/year high-grade rutile titanium dioxide new project construction, the whole project construction has entered the final stage, will be completed and put into operation.

This year, the company paid close attention to production to ensure that production and quality go hand in hand. The vast number of production technicians and employees overcome the difficulties of aging of some key equipment, frequent failures, and power curtailment in summer, work together, repair in time, fight continuously, work hard, and resume production in the shortest time every time. In addition, the annual overhaul only used8Days, and quality and quantity to complete, for the follow-up production and quality to provide a strong guarantee.12Monthly production record, annual production of titanium dioxide14702tons, the highest annual production record. At the same time, keep up with market demand and make great efforts to stabilize product quality. Based on the process index, the careful operation of key positions such as acidolysis, hydrolysis and cave transfer is strengthened to ensure stable quality and performance. Annual first-class product rate99.65%, the quality is stable and improved. The Quality Supervision Department shall strengthen the tracking and analysis of various indicators and give back the information of visiting customers in a timely manner. Warehouse packaging emphasizes the concept of customer first and puts the products out of the warehouse at the last pass. Over the past year, new and old customers on the company's "Jade Rabbit" brand titanium dioxide quality stability performance satisfaction greatly improved.

This year, the company attached great importance to safety in production and paid close attention to on-site management. Strengthen the safety training for all employees, and continuously rectify and improve according to the requirements of the superior safety supervision department. Adhere to the safety self-examination and self-assessment system, strengthen the safety assessment, and link with the performance of the main person in charge of the department. Focus on promoting on-site management and civilized production, and vigorously promote it in the company according to local conditions.6S site management, and achieved gratifying results.

This year, the operation and management work closely around the effective operation of the production center. Sales department actively expand users, expand titanium dioxide end-user sales, annual sales of titanium dioxide13447Tons, the recovery rate of payment100, the market reputation gradually increased. The supply department has effectively controlled and adjusted the price and payment of raw materials according to market conditions, and has made unremitting efforts to reduce procurement costs, ease financial pressure and ensure normal production. The financial department rationally allocated funds to ensure production and operation, worked hard to obtain various financial subsidies, overcome difficulties, and did a lot of fruitful work for new project loan financing. Supervisors strengthen supervision, focusing on the supervision of bidding, civil engineering, installation works and project acceptance of new projects. The office has done a lot of work in epidemic prevention and control, ensuring normal production and recruitment of new employees, training and assessment.

Passion and sweat casting the past, rational and strong achievements in the future. The new year is coming, and we should be soberly aware that the past achievements are only the beginning of today. Looking forward to 2023, before the new project of Yutu titanium industry is put into operation, the production of Chuangda Yutu is the foundation to maintain the operation of the whole company.2023The production goal of the big jade rabbit: under the premise of ensuring safety and quality, the basic output of titanium dioxide is completed.14200Tons, try to finish14800Tons, trying15000Tons. According to this task indicator, the specific indicators are broken down into each month. Strive to improve and stabilize product quality, strictly control all kinds of consumption, reduce production costs, and maintain product market competitiveness. Payment recovery rate100 percent.

In the new year, while stabilizing the production and operation of Jade Rabbit, we will gradually shift our focus to the new project of Jade Rabbit Titanium Industry. Since the construction of the new project started in May 2021, it has overcome many difficulties and risks, and the speed of the construction process is obvious to all. At present, the whole project construction has encountered some difficulties in entering the final finishing stage, but the difficulties are temporary. As long as we think in one place and work hard in one place, all the difficulties will be easily solved. We will strive to achieve commissioning and production in early April 2023. However, we must have a clear understanding and ideological preparation. Even if it is successfully completed and put into production, it is only the first step in the long march. The products will gradually reach production, the quality will be passed, and the market will be accepted. Then there will be a lot of hard work to do. People are united and Mount Tai is moving. Let's unite as one, work hard and continue to write the new glory of Jade Rabbit!

                                                  2January 023