As the dragon soars across the nine heavens bidding farewell to the old year, the golden snake brings auspicious blessings to welcome the new spring. At this wonderful moment of transition, the Hengwang Group 2025 Annual Gala, themed “Brilliance Unfolds · A New Journey Begins”, was grandly held on January 22. Looking back on the path of cooperation, we envision a bright future together.

Chairman's Address

First, on behalf of the Group's leadership team, Chairman Liu Mingtao extended the sincerest New Year greetings and best wishes to all employees, wishing everyone good health, smooth work, fulfilled aspirations, and prosperity in the coming year.

Mr. Liu stated that 2024 was a remarkable year for Hengwang Group: from the groundbreaking ceremony of Hengwang's Green Intelligent Manufacturing Base to the official production launch of the Guo Tong Qing Base; from being awarded the titles of Jining Key Laboratory and Jining Enterprise Technology Center to receiving approval for Jining Engineering Technology Center; from the successful rollout of the full-series bulldozers to the successful upgrade of the National IV-compliant bulldozer models; from participating in the Bauma exhibition to further advancing the internationalization of the HW brand. Behind these achievements lies the hard work and relentless efforts of every individual.

Standing at the starting point of a new year, Mr. Liu called on all Hengwang employees to continue with an excellent spirit of innovation and a determined attitude, working together to bravely embrace the challenges and opportunities of 2025, and to write an even more glorious chapter in the Group's high-quality development.

Honor and Glory: Celebrating Achievements

Every brilliant dawn is welcomed by those who toil through the night. Hengwang Group's story is a testament to collective strength. At this annual gala, we recognized outstanding individuals and teams who made remarkable contributions over the past year. Shoulder to shoulder, we embark on a new journey, paying tribute to every dedicated Hengwang partner.

Goals as the Guide, Responsibility as the Helm

To implement Hengwang Group's 2025 high-quality development strategy and work together to achieve the Group's overall business objectives, ensuring precision in execution, quantifiable goals, and clear accountability, the domestic and international trade department heads signed the 2025 Annual Target Responsibility Agreement with Chairman Liu Mingtao.

This was not just a signing ceremony but a solemn commitment—it carries the Group's expectations and trust, symbolizing that each business sector will take on great responsibilities, dedicate full effort, and forge ahead toward key objectives and strategic directions in the new year.

A Stage of Stars, Bursting with Talent

When the lights shine, the stage becomes the dazzling world of Hengwang people. From dynamic and cool modern dances to melodious and touching songs, from hilarious comedy skits to witty crosstalk performances, colleagues from various departments stepped beyond their usual roles, transforming into stage performers, showcasing their talents and passion. Every performance was a perfect fusion of team spirit and individual charm, offering a spectacular audiovisual feast.

Exciting Interactions, Overflowing Luck

What's a gala without fun and interaction? Carefully designed team games tested coordination and enthusiasm, filling the venue with laughter and cheers. Then came the heart-racing lucky draw segment, with prizes ranging from trendy electronic products to high-end household items. Every draw was a collision of luck and anticipation—perhaps the next big winner was you! Surprises awaited, igniting excitement throughout the event!

Looking Back at 2024, Striding Forward into 2025

Reflecting on 2024, we have continuously surpassed expectations, transforming the ordinary into the extraordinary, overcoming obstacles with resilience, and carrying forward an uplifting spirit. Looking ahead to 2025, we will remain united, forge ahead with determination, and map out an ambitious blueprint with fearless courage and unwavering faith.

Together, we will create a brilliant future for Hengwang Group!