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The sunshine is warm, and the spring breeze brings warmth. On the afternoon of March 9, 2018, the 2018 annual work kickoff meeting of Zhejiang Xinli New Materials Co., Ltd. was grandly held in the conference room of the administrative building. Chairman Chen Wanzao, company management, and key personnel at all levels attended the meeting. At the meeting, Deputy General Manager Chen Pei delivered a New Year message and gave a speech on the ideas for the 2018 work.

Affected by environmental policies, the price of raw materials increased significantly in 2017, with a 38% increase in single 6 base materials and a 28% increase in double 6 base materials. These prices have had a significant impact on the company. Despite this, the company still withstood the pressure, overcame difficulties, and persevered. It has been proven that only by withstanding the pressure and making unremitting efforts can we ultimately achieve our goals. In 2017, for the long-term development of the company, the board of directors made a major decision to invest 300 million yuan and build a 120 acre intelligent industrial park in 2-3 years. We firmly believe that the new energy in the future will shine brightly!

2018 is the third year for Xinli to go public on the New Third Board, and also the second year for Xinli to launch an IPO. It is a crucial year for the company's performance growth, with sales expected to increase by more than 30%. Although the pressure on the company is not small according to the current market situation, the company still has confidence in achieving the above goals.

The "Quality Year" activity has officially launched

Quality is the cornerstone of enterprise development. In order to ensure quality and achieve sustainable development, the company has put forward the slogan of "Quality Year" and organized a quality year activity. At the meeting, the quality department manager mobilized the activity and fully explained the purpose and significance of carrying out this activity. We hope that all departments can drive their personnel to successfully complete the quality year activity, ensure the quality of the company's products, and achieve sustainable development!

Annual Work Deployment

Will there be an economic crisis in 2018? From 1998 to 2008, there was a gap of 10 years; Adding another 10 years from 2008 would be 2018. Regardless of the overall economic situation, we just need to do our best to learn some real skills and save some money for crossing the river. As long as we gather around the party and government, as long as we develop our own ability to fight against them, these economic crises are not actually scary.

Our company is mainly engaged in the modified plastic industry, and it is estimated that the growth rate of the domestic automotive modified plastic market will reach 26%! Modified plastics have superior performance in flame retardancy, strength, impact resistance, toughness, and other aspects compared to general plastics. They are widely used in downstream applications, mainly in home appliances, automobiles, construction, office equipment, machinery, and other fields. Among them, home appliances and automobiles are their two largest application areas. At present, the automotive industry has become the fastest growing field of demand for modified plastics.

Due to the stable growth rate of global automobile production and the increase in the use of modified plastics in single vehicles due to the lightweighting of automobiles, it is estimated that the global market value of automotive plastics is expected to increase from 21.616 billion US dollars in 2012 to 46.112 billion US dollars in 2018, with a compound annual growth rate of 13.46%; The consumption is expected to increase from 7.1 million tons in 2012 to 11.3 million tons in 2018, with an annual growth rate of 8.05%.

At present, the domestic modified plastic industry started relatively late and has a low market share. The domestic plastic modification rate (10%) is still lower than the international average level (20%); There are over 3000 modified plastic production enterprises in China, with most producing less than 3000 tons annually and even fewer exceeding 10000 tons. Most of these enterprises are generally small in scale, lacking production technology and quality assurance capabilities. From the above data, it can be seen that the current economic environment will add tremendous impetus to our company's development.

In order to ensure that all departments can operate closely around the company's overall policy goal of "focusing on innovation driven research and development, creating brands to explore the market, stabilizing quality and satisfying customers, and improving efficiency to promote growth", the company has deployed key work ideas for each department in 2018. The company will work together with sincerity and unity, unite and strive, and create brilliance again!

     Finally, Chairman Chen Wanzao emphasized that as the first element of enterprise operation, safety production should be emphasized and emphasized by all departments; At the same time, we will solidly carry out various tasks for the year 2018. 2018 is the second year of the company's IPO and also a crucial year. The company's goal is only one: to operate the company well, fully utilize social resources, and lead everyone to sustainable prosperity! I believe that with the joint efforts of all Xinli people in 2018, Xinli New Materials will continue to strive and take it to the next level!