Spring rhythm comes back, Vientiane begin to update. When the bell of New Year's Day echoed in the night sky, we officially bid farewell to the challenging 2023. At this time of ringing out to the old year and welcoming the New, on behalf of the Company, I would like to express our most sincere appreciation and festival greetings to every hard-working and selfless dedicated employee and your family! At the same time, we would also like to express our heartfelt gratitude to all the friends always supporting and caring about us.

The year 2023 is the opening year to fully implement the spirit of the Party's 20th National Congress and a year for economic recovery after 3 years COVID-19 prevention and control. Against the background of a complex and changing international environment and multiple uncertainties in the global economy, we have experienced a series of challenges and tests. Market fluctuations, technological updates and strict regulatory requirements make us more firmly adhere to the principle of "Customer first, reputation first, quality first", to drive development with innovation, and win trust with quality.

With the concerted efforts of the team, Xieli Industrial Park project Phase I successfully passed the GMP compliance inspection of tablets and granules and was put into production. In addition, we have also successfully passed 3 API products GMP compliance inspection and 8 varieties licensing inspection. To satisfy the new development needs, we optimized the organizational structure, upgraded the production facilities and equipment, further expanded the domestic and foreign markets, and fully implemented the 5S management standard and EHS management system. The company's production and operation have shown an obvious upward and stable trend, and are moving forward firmly along the high-quality developing lane.

In 2024, we will be guided by the enterprise spirit of "Xieli Products for Healthy Life", adhere to the purpose of "Subsist by quality, develop with reputation", continue to promote the global registration of existing varieties, and expand the production capacity of major products; Further promote the company's management informatization, new varieties of traditional Chinese medicine listed, obtained domestic and overseas marketing authorization for 3 new APIs. Furthermore, we will pay more attention to mutual benefit and win-win cooperation with our partners, jointly resist market risks and achieve common development. We will also insist fulfilling our social responsibilities, actively participate in public welfare undertakings, and make new contributions to the cause of human health.

Non-stop chasing the wind and moon, the end of the grassy plain stand spring hills, let us work together to embrace a better future

Finally, wish everyone a happy and auspicious New Year!

Chairman of Xieli Group: Zhang Qiang