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Recently, Assistant General Manager Shen Shuhuan, Deputy Chief Xu Zheng, and Section Chief Zhu Xuefeng of China Export Credit Insurance Corporation Ningbo Branch visited our company. Company General Manager Zhang Lei, Deputy General Manager Li Junbo, and General Business Manager Cai Lifeng attended the meeting. During the meeting, General Manager Zhang Lei expressed his gratitude to CITIC Insurance Company for its long-term support to our company's foreign trade work, and introduced the company's import and export situation from January to August. Shen Shuhuan, assistant to the general manager, thanked Ningshing Trading Group for attaching great importance to the credit insurance work, and provided valuable opinions and suggestions on the current stage of foreign trade risk prevention and promotion of international market development. The two parties also conducted in-depth exchanges and discussions on the development of the credit insurance business, and clarified the development goals and cooperation directions of the cooperative business under the current foreign trade situation. At the end of the meeting, a China Credit Insurance AA-level customer award ceremony was held. The AA-level customer award fully demonstrated our company's management strength. As a strategic partner, our company will further strengthen business cooperation with CITIC Insurance Company and make full use of CITIC Insurance's various preferential policies to escort the steady growth of the company's business.

On the afternoon of July 23, 2021, the 2021 semi-annual work conference and innovation development theme salon of Ningshing Trading Group was held in Ningbo Nanyuan Hotel. More than 40 people, including leaders of the president's office of Ningshing Holdings and relevant department heads, operation and management personnel of Ningshing Trading Group, and some business backbones attended the conference. At the semi-annual conference, the participating companies and departments exchanged reports on the completion of the main work and business indicators in the first half of the year, and combined the changes in the situation and the market situation, and put forward the work goals and measures for the second half of the year. General Manager Zhang Lei made a semi-annual work report of the trade group, briefly reviewed the company's basic operating conditions in the first half of the year, summarized the achievements of each sector, analyzed the problems and deficiencies in the development process, and focused on the deployment of the work in the second half of the year. Mr. Zhang pointed out that many unfavorable factors affecting foreign trade and exports still exist in the second half of the year. It is necessary to have a clear understanding and full preparation for this, improve the ability to control risks and uncertainties, further deepen the implementation of innovative development strategic planning, and strive for key projects. The breakthrough and improvement of the company, strengthen professional operation, strive to improve the quality and efficiency of operation, go all out to strive for success, and promote the company's sustained, stable and high-quality development. At the [Deepening the Construction of Trade, Industry and Research, and Enhance Digital Operation", the five keynote speakers Dai Lei, Tong Xiaojian, Wu Chaochao, Cao Min, Gao Yuan and other speakers discussed the overall process design of organizational capacity building and plumbing growth business, and rubber shoes trade. The insights of the integration of industrial research and research, the exploration of Sunflower's network marketing model, the digitalization of Ningshingyun`s cross-border e-commerce product selection, the current situation of company informatization and the exploration of applications and other topics shared their own practice and experience. The content is wonderful and professional. Abundant, the participants combined with the problems encountered in business development, thinking about the innovative model, etc., had a lively interactive discussion with the speaker. The atmosphere was active and the participants benefited a lot and deepened their understanding of the company's innovative development plan.Learning and exchanging new development ideas, and stimulated the sense of innovation. At the end of the meeting, Tan Zhengguo, executive vice president of Ningshing Holdings, gave a speech. He fully affirmed that the trading group resisted the impact of various unfavorable factors in the first half of the year under the complicated external situation, and achieved both revenue and profit growth; facing the second half of the year Development goals, he encouraged all cadres to work hard to improve keen market insight, judgment, resilience, efficient and tenacious execution, big data, artificial intelligence and other scientific and technological capabilities, excellence in management capabilities, and continuous innovation and development. To further strengthen the key investment in key projects of trade, industry and research, strive to achieve key breakthroughs, strengthen the foundation, cultivate new machines, open new bureaus, and strive to build a development path that suits its own reality, achieve the sustainable development of traditional foreign trade enterprises, and strengthen risks Management, strengthen team building, and promote the more solid and stable development of the cornerstone business of Ningshing Foreign Trade.

On July 1st, Ningshing Holdings` Party Committee held a commendation celebration for the Centenary of the founding of CPC. More than 350 Party members from the management team and all subsidiaries of Ningshing Holdings attended, including Cao Lei, Deputy Director of organization department of Ningbo Haishu District Committee and Party Secretary of the Working Committee of Non-public Economic Organizations and Social Organizations of Ningbo District Committee. Mr. Huang Yongzeng, member of the Party Committee and President of Ningshing Holdings, presided over the activity. Ms. Yang Xiaojun, member of the Party Committee, Secretary of the Discipline Inspection Commission and Vice President of the company, announced the Commendation Decision. Ms. Cao and five members of the Party Committee of the company jointly presented awards to 17 outstanding party members, 4 outstanding party workers and 4 advanced party organizations. Chairman Wu Yigang and Secretary Gao Ping presented medals to three senior party members with over 50 years of Party standing. Three representatives, Jiangning(from Ningshing Precision Machinery Group), Dai Lei(from Ningshing Trading Group) and Wang Ying(form Ubay), gave speeches which summed up the separately daily work, made positive statements on playing a vanguard and exemplary role. Ms. Gao Ping, Party Secretary and Vice Chairman of Ningshing Holdings, delivered a speech entitled "Firm Faith, Hard Work, and Dedication". She emphasized that The Party has been the key pillar for building modern China and for all the significant achievements made by China and the Chinese people over this period. She pointed out that Ningshing Holdings` Party Committee has always strengthened party building, focused on company`s innovation and development, deeply integrates the Party building work with the production, operation and management, and constantly cultivates batches of advanced collectives and individuals. She demanded that all Party members should strengthen their faith, bear in mind their mission, strive for dedication, base themselves on their own duties, and earnestly enhance the creativity and cohesion of the organization. During the celebration, all the Party members watched two videos namely "A Hearted Sentence to the Party " and "Sing A Folk Song to the Party". Finally, the Party organizations of all subsidiaries presented an visual feast to the celebration with poetry and singing, and showed a determination to start a new journey.

In order to celebrate the centenary of the founding of the Communist Party of China, Ningshing Holdings` Party Committee organized nearly 200 representatives to take a revolutionary journey to Yan`an from June 12 to June 15 this year. On the first day, all Party members participated a thematic activity in front of the bronze statue of Chairman Mao in Yan'an Revolutionary Memorial Square. Mr. Huang Yongzeng, Party Committee member and President of Ningshing Holdings, presided over the activity. Mr. Du Wei (from Ubay) and Mr. Wang Jun (from Ningshing Precision Machinery Group), represented the outstanding Party members to give an inner share speech. Through this solemn tribute, everyone learnt the hardship before the revolutionary success, expressed to cherish the present life and make greater efforts to contribute to the future. MS. Gao Ping, Party Secretary and Vice Chairman of Ningshing Holdings, gave a speech. She pointed out that this journey to Yan`an is a far-searching tour, she demanded all Party members to have lofty aspirations, strengthen the ideals and beliefs, and consciously be loyalists in the ideals of communism. She also said that everyone should learn from model, play an exemplary role, and be the vanguard, stand on our own position, be brave in innovation and breakthrough, and gather strong vitality and power for the company's sustainable development. She finally led all the junior and senior Party members to revisit the oath of joining the Party, conveying adherence to the ideals and beliefs. On the second day, all Party members participated a Party class titled The Glorious History of the Communist Party of China in One Hundred Years. Subsequently, each general branch and branch held a separate salon to further study MR. XI, the General Secretary's speech, related books and important articles on Party History, etc. In the following period, all members of Ningshing visited Yan'an Revolutionary Memorial Hall, Zaoyuan Revolutionary Site, Yang Jialing Revolutionary Site, Pagoda Mountain, and also visited places of interest in Xi'an, not only learnt the Yan'an revolutionary spirit, but also appreciated the charm of Chinese extensive and profound history and culture. Finally, Mr. Chairman Wu Yigang greeted the tour group at the airport in person. He spoke highly of this activity, the revolutionary journey to Yan`an further baptized and promoted Ningshing's corporate culture. He believed that through the journey learning, all Party members will devote themselves to the high-quality development of Ningshing Holdings with more enthusiasm and more passionate fighting spirit.

On June 1st, the Youth League Committee of Ningshing Holdings assigned a delegation of 9 youth representatives to Baifeng Primary School of Beilun, one of the aid recipients of Ningshing Edu-Aid Project, to celebrate the Children's Day with teachers and students together. The principal of the school and the representatives enjoyed the wonderful Children`s performance,visited the calligraphy cultural corridor of Ningshing Building, experienced the electronic screen of "Intelligent Growth Bank" installed outside the classroom wall, and organized the self-care activity under Ningshing Holdings`title. At last, the representatives presented sports and study supplies to Baifeng Primary School, and extended Ningshing Holdings' profound caring and festive blessing to them. Ningshing Holdings has always incorporated charity assistance as a long-term continuous work into the construction of corporate culture, so that the Love of Ningshing can be transmitted further and wider.

Ningshing Holdings organized charity and welfare activity named [One Day Donation & Voluntary Blood Donation" on May 24th. As the 22nd year of One Day Donation and the 4th year of Voluntary Blood Donation, the activity received positive response and extensive participation among Ninshing staffs. There were 46 staffs donating their blood, who felt very happy and worthwhile. At the activity ceremony, Mr. Chen Yunjin, President of Nignbo Municipal Charity Federation, spoke highly of Ningshing Holdings' persistent dedication and responsibility for 22 years; Mr. Huang Kai, deputy master of the city center blood station, fully affirmed Ningshing Holdings' support and contribution to Ningbo's voluntary blood donation work for many years, and awarded Ningshing Holdings the medal of "2020 Ningbo Love Unit of Voluntary Blood Donation". On behalf of Ningshing Holding volunteers, Mr. Hua Xudong from Ningshing Trading Group and Mr. Wang Gaomin from Ningshing Kinhil, shared their charity experiences and their understanding of Ningshing charity culture. Then, Ms. Gao Ping, the Party Secretary and Vice Chairman of Ningshing Holdings delivered a speech. She pointed out that One Day Donation and Voluntary Blood Donation were the two public welfare activities with the widest participation of staffs in Ningshing Holdings. She reviewed Ningshing's charitable work, emphasized that the company not only sought growth and development, but also strengthened the consciousness of caring and contributing to society. She particularly emphasized that this year is the centenary of the founding of the Chinese Communist Party. She hoped that all employees would work hard and contribute to the society, and make greater contributions to the construction of beautiful Ningbo and the realization of Ningshing Dream. Finally, under the leadership of Mr. Wu Yigang, Chairman of Ningshing Holdings, representatives from all subsidiaries and departments donated one day salary on the spot. Up till now, a total of RMB 146,797.38 Yuan has been raised.

On May 18th, Ningshing Trading Group held a symposium of young employee representatives of [Gathering the youth and bravely shouldering the mission of development". Nearly 20 young employee representatives from various companies and departments gathered together. Members of the trading group participated in the symposium. The meeting will be chaired by Li Junbo, Vice President. At the symposium, young employee representatives closely focused on the company`s innovation and breakthroughs and quality management as the main line of development, combined with their own reality, and shared their insights and experiences on how to strengthen their own capacity building and how to achieve the combination of personal career development and company development.Put forward ideas and suggestions on the construction of the young workforce, and communicate and discuss the difficulties and demands in actual work. The leaders at the meeting listened carefully to the ideas and suggestions of each young employee, understood everyone's development needs, encouraged everyone to face difficulties, forge ahead, give full play to the passion of the company and strive to become the backbone of the company's development. General Manager Zhang Lei made a concluding speech. He fully affirmed the opinions and suggestions of the representatives of young employees. He pointed out that young employees are the new force of the company's innovation and transformation and the inexhaustible driving force to promote the company's sustainable development. Young employees are required to stand on their posts, clarify their goals, and work hard.Pioneering and innovative, I hope that young employees are optimistic, have the courage to try and make mistakes, develop lifelong learning habits, maintain active and healthy living habits, and develop and progress together with the company with hard work and actual performance. Mr. Zhang emphasized that this is a critical period for the company's transformation and upgrading, and it is also a great opportunity for young employees to display their ambitions and take responsibility. He hopes that young employees will continue to improve themselves, form a teamwork, and contribute their youth to the company's development. Mr. Zhang also presented to each young employee representative the "Efficient Manager" by Peter Drucker, the father of modern management, and encouraged everyone to learn effective management through their own efforts. The atmosphere of the symposium was enthusiastic. The representatives of young employees spoke freely, expressed their opinions, and actively provided suggestions and suggestions for the company`s innovation and development. Suggestions to further improve the company`s work. This symposium built a communication bridge between young employees and the company, fully mobilized the enthusiasm of young employees, strengthened the sense of responsibility of young employees, and enhanced their sense of acquisition, belonging and identification with the company.