NHU Successfully Concluded Mid-Year Meeting and Strategic Planning Seminar

From July 25 to 26, 2025, the Group's Mid-Year Meeting and Strategic Planning Seminar were successfully held in Xianghu, Hangzhou. More than 40 executives from the Group and its subsidiaries, along with key functional leaders, came together to outline the blueprint for the 15th Five-Year Plan.

At the start of the meeting on July 25, Shi Guanqun, Group Director and Vice President of the stock company, delivered a report on the Group's business performance. Despite a complex and rapidly evolving global economic landscape in the first half of 2025, the Group remained committed to innovation-driven development. All core business sectors achieved steady growth, demonstrating strong resilience and growth potential.

Chairman Hu Baifan then presented a strategic keynote. He emphasized that, rooted in humanity's pursuit of a better life, NHU has established comprehensive strengths in technology, talent, and industrial platforms through relentless scientific research and innovation. In the face of historic transformations driven by technological revolutions-such as AI and new energy-during the 15th Five-Year Plan period, Mr. Hu stressed that NHU must both consolidate its existing advantages to build a strong "moat", and develop forward-looking insights to anticipate future trends and market dynamics. He noted that NHU must not only respond to current market demands by advancing technological innovation but also harness cutting-edge technologies to identify emerging needs and new opportunities arising from industrial transformation-achieving a dual engine of technology and demand. Through continuous innovation and efficient resource integration, NHU should strive to stand out amid fierce competition. Drawing on a gap analysis of the 14th Five-Year Plan, Mr. Hu shared key strategic reflections and actionable insights on areas such as technological leadership, trade secret protection, and talent development-providing clear direction for the Group's next stage of growth.

Participants then held group discussions based on Mr. Hu's report, engaging in in-depth exchanges and sharing their perspectives on the "15th Five-Year Plan" strategy in light of their respective business practices. This cross-segment sharing sparked mutual inspiration and generated valuable input for the formulation of the new strategic plan.

In closing, Mr. Hu emphasized the importance of seizing the momentum of the times. He called for NHU to uphold its "teacher culture", foster a learning-oriented organization, and deepen collaboration with leading domestic and international enterprises and research institutions. At the same time, he urged a continued focus on core businesses, resource integration, and product excellence-so as to meet evolving market demands with high-quality offerings and contribute NHU's strength to advancing the industry and society at large.

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