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The company held the 2020 Operation Management Conference on December 25, 2019 to determine the overall development plan for 2020:

(1) Management purpose and policy

Business purpose: to set up factories with quality and operate with integrity; people-oriented, customer first; pragmatic and trustworthy, the pursuit of excellence.

Business policy: win employee participation with respect, win customer recognition with integrity, win market returns with innovation, and win social praise with development.

Enterprise spirit: hard work, pragmatic, harmonious and innovative.

Corporate vision: create value for customers; gain benefits for shareholders; seek benefits for employees and contribute responsibilities to society.

(2) Company positioning

Manufacturing enterprises focusing on processing, assembly and development, and technical manufacturing enterprises focusing on high-end products.

(3) Market strategy

Gradually reduce and reduce the business share of low-end customers, develop and increase the share and market share of high-quality customers and products in the international and domestic medical, military, and 5G industries, and strive to account for no less than 85% of total sales.

(4) Product strategy

With the goal of becoming specialized, refined, stable, and strong, we will improve product quality as a top priority in 2020, in order to ensure that the various resources corresponding to the quality match.

Create a quality atmosphere and mechanism for all employees, comprehensively improve quality results, and use product quality as the basis for gaining customer trust. Another important strategy of the product is to meet the delivery date and achieve the product shipment task as planned.

Product types: -20% for 5G products, -40% for medical (IVD industry, baby-care equipment, surgical robots, etc.), 30% for military industry, precision clamps and other 10%.