Top Ten Events for Company Development in 2022

1. The new production base of PRO-Tech officially completed with the relocation of the new factory in January 2022.

2. The company achieved expected performance with a growth rate of 9.7% in the entire year.

3. Asto Technology was successfully introduced as a cooperative unit (supplying gearboxes).

4. The company was shut down for 45 days due to the COVID-19 pandemic. In March 2022, the company donated 20,000 yuan to the district epidemic prevention fund for epidemic prevention and control.

5. There were qualitative breakthroughs in product research and development: Eccentric butterfly valves were successfully manufactured in large sizes up to DN1200, and both hard-seal butterfly valves and hard-seal gate valves were successfully developed. The product performance met the development goals.

6. The systematic concept of the corporate culture was established: The company's development concept and direction are clear. The company's core culture was identified, with "becoming an industry supporting actor" as the company's vision, "creating value and prosperity together" as the company's mission, and "focus, professionalism, sharing, and win-win" as the company's core values.

7. The production scale was doubled: The company purchased production and research equipment, as well as testing equipment, including numerically controlled lathes, numerically controlled boring machines, valve special machines, and valve pressure testing machines throughout the year. A new capacity valve production line was added, as well as a large-caliber butterfly valve production line, increasing production capacity by nearly 50%.

8. Internal management of the company made comprehensive progress: The on-site management level significantly improved, and the company's planning management capability improved (the internal plan completion rate increased from 62% to 95%).

9. The strength of the talent team was further enhanced: Five core technical talents, quality management personnel, and other management positions were introduced, increasing the total number of company employees by 18 people compared to the previous year.

10. The company made significant social contributions: Compared to the previous year, the company's annual tax increased by 92%, with 18 new employments, and a social welfare donation of 20,000 yuan made for the entire year.