1 Moon 27 On [date], Wugang Company of HBIS Group held the 6th Plenary (Expanded) Meeting of the Party Committee of the company and the 3rd Session of the 14th Workers’ Congress via a video conference format, featuring both a main venue and sub-venues. Summary: 2025 Annual work, arrangement and deployment 2026 Annual Work. Lu Jianguang, Deputy Secretary of the Party Committee and General Manager of the company, delivered the “Work Report of the 6th Plenary Session of the 4th Term of the Company’s Party Committee” and the “Company Work Report,” respectively. He emphasized the need to fully implement the Group’s “15th Five-Year Plan” and... 2026 In our annual work plan, guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and under the strong leadership of the Party Committee of the Group, we will liberate our minds, forge ahead with determination, pursue excellence in everything we do, and tackle challenges with practical action and a sense of responsibility. We are firmly committed to following the path of special steel, anchoring ourselves on the goal of becoming the “leading, most competitive enterprise in wide and thick plates.” With the bold spirit of “now stepping forward and starting anew” and the fighting spirit of “striving to be first-class in every endeavor,” we will energetically write a new chapter of high-quality development for Wugang Company.

The company leaders at the headquarters—Yin Guojun, Hu Jun, Long Jie, Liu Jianlei, Yang Zengguo, and Yu Huafēi—as well as General Manager’s Assistants Zhu Xinwang and Zhang Chengguang, and Deputy Chief Engineer Wei Ming, attended the meeting.

The employee representatives who should attend this meeting. 338 Name, reality arrives. 332 Name, attending the meeting as an observer 266 The quorum is present.

Lu Jianguang delivered the “Work Report of the Fourth Plenary Session, Sixth Meeting of the Party Committee of Wugang Company” on behalf of the Party Committee of Wugang Company. He fully affirmed and highly praised Wugang Company. 2025 the overall work for the year. He pointed out that, 2025 Throughout the year, the Party Committee of Wugang Company has consistently taken Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as its guiding principle, thoroughly implemented the spirit of the 20th National Congress of the Communist Party of China and the resolutions of successive plenary sessions of the 20th Central Committee, earnestly carried out study and education on the spirit of the Central Government’s Eight-Point Regulations, and rigorously followed the arrangements and deployments made by the Group’s Party Committee. We have deeply embraced the “Four Ultimate Pursuits,” steadily promoted the deep integration of Party building with production and operations, and achieved remarkable results in all aspects of our work. Throughout the year, key business indicators remained stable and showed steady progress; the company’s operational efficiency continued to improve; employees’ sense of happiness and fulfillment kept growing; and we have laid a solid foundation for the company’s high-quality development.

Lu Jianguang emphasized that,  2026 The guiding principle for the Party Committee of Wugang Company is: to take Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as our guide, earnestly implement the spirit of the 20th National Congress of the Communist Party of China and the resolutions of successive plenary sessions of the 20th Central Committee, thoroughly carry out the work arrangements of the Group’s Party Committee, further strengthen all aspects of Party building with an attitude of striving for excellence, and effectively ensure the company’s... 1144 We will ensure that our work strategies are effectively implemented and put into practice, closely aligning with the company’s vision of “performance-oriented, goal-driven, joyful work, and happy employees.” We will remain firmly focused on the theme of high-quality development, fully leveraging the role of Party organizations as fighting fortresses and the exemplary, pioneering role of Party members, thereby providing strong support for driving the company’s high-quality development to new heights.

Lu Jianguang emphasized that we must take political development as the guiding principle, remain steadfast and diligent, and further enhance our sense of initiative by adopting a broader perspective. We should accurately grasp the political direction and demonstrate our sense of responsibility in serving the overall situation. We must strengthen political leadership and highlight the central role in improving governance. We must reinforce political accountability and refine mechanisms within the Party’s management of enterprises.

Lu Jianguang emphasized that we must take liberating our minds as the guiding principle, unite our hearts and pool our efforts, and use high-level consensus to further compose a powerful anthem of progress. We should innovate our thinking and concepts, integrating ideological and political work into the entire value chain of production and operations, and use breakthroughs in thought to drive breakthroughs in action. We should take the lead in guiding and engaging, exploring innovative practices that integrate the “Four Ultimate” approaches with ideological and political work. We must build public momentum and create a favorable public opinion environment for implementing the brand strategy. We should leverage positive publicity to effectively guide public opinion during critical periods and on key tasks.

Lu Jianguang emphasized that we must place great emphasis on organizational development, consolidate the foundations, and further strengthen grassroots fortresses through highly efficient integration. We should explore effective pathways for deep integration, closely linking Party organization activities with core tasks such as safe production, cost reduction and expense control, product R&D breakthroughs, and company-wide marketing efforts. We should also pioneer innovative platforms for service-oriented operations, promote joint construction of Party branches across upstream and downstream process areas at the factory level within the company, leverage Party building to drive business growth and ensure smooth operations. We must build robust, fully functional grassroots fortresses, carry out collaborative construction initiatives, and use Party building as a catalyst to foster efficient and orderly production and management. Finally, we must firmly establish a tightly linked chain of responsibilities.

Lu Jianguang emphasized that we must rely on strengthening enterprises through talent development, selecting and appointing capable individuals, and further honing our talent pool by setting high standards for responsibility and performance. We should establish a clear orientation in personnel selection and appointment, implement effective incentive and constraint mechanisms, and build a systematic talent development framework.

Lu Jianguang emphasized that we must take upholding integrity and enforcing discipline as our cornerstone, persisting relentlessly and refining our efforts with high standards to further ensure strict governance within enterprises. We should focus on political oversight and serve the overall strategic interests. We must deepen efforts to combat corruption and uphold integrity, strictly enforce discipline, and improve the supervision system to enhance its effectiveness. Above all, we must cultivate integrity in our hearts and strive for moral rectitude and self-improvement.

Lu Jianguang emphasized that we should take collaborative efforts among various groups as the foundation, refine our mechanisms, and further build happy enterprises through high-quality services. Party and mass organizations should work together in “coordinated promotion” to create synergistic momentum in our work. We must serve employees “with sincerity and dedication,” enhancing their sense of fulfillment and gain. Cultural development should be “rich and diverse,” fostering positive energy for growth. Through joint construction and shared benefits, we should pool our wisdom and strength, working in unison to compose a harmonious melody.

Lu Jianguang delivered a “Work Report” on behalf of Wugang Company, summarizing and reviewing the company’s performance from nine different aspects. 2025 Annual achievements: First, production line efficiency has repeatedly reached new highs. Second, we’ve achieved abundant results in technology and marketing. Third, our product R&D is industry-leading. Fourth, quality control has been effectively strengthened. Fifth, cost and expense reductions have yielded remarkable results. Sixth, equipment upgrades have enhanced quality and efficiency. Seventh, safety and environmental protection efforts are steadily advancing. Eighth, management effectiveness continues to improve. Ninth, Party building provides strong leadership and fosters synergy.

Around achieving 2026 The annual target task—The report explicitly identifies Wugang Company. 2026 Annual Work Guiding Principles: Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will earnestly study and thoroughly grasp the spirit of the 20th National Congress of the Party and the resolutions of all previous plenary sessions of the 20th Central Committee. We will closely align our work with the arrangements and deployments made at the Group’s annual work seminar and deeply implement “ 1144 Our working philosophy is to fully implement the work ethos of “persistence, practicality and rigorous pursuit, meticulous management, and continuous learning and innovation.” We will further unite and lead all cadres and employees, adopting an attitude of excellence to ensure the thorough implementation of all planned objectives and measures, thereby driving new breakthroughs in production and operations and realizing our noble vision of “performance-oriented, goal-achieving, joyful work, and happy employees.”

The report proposes... 2026 The key production and business objectives for the year, along with efforts focused on achieving these objectives throughout the year, will prioritize work in nine key areas. First, we will focus on market demand, optimize our product structure, and make every effort to enhance the vitality and value of our brand. Second, we will strengthen technology leadership, drive technological innovation, and continuously consolidate our industry-leading edge. Third, we will strictly control costs and expenses, pursue extreme cost efficiency, and vigorously tap into the potential for operational profitability. Fourth, we will optimize production-line coordination, achieve ultimate efficiency, and systematically establish a highly efficient operational framework. Fifth, we will accelerate the low-carbon transition, promote ultra-high energy efficiency, and carefully build a green development engine. Sixth, we will solidify our quality management system, create an exceptional brand, and strengthen the capacity-building support for our production lines. Seventh, we will speed up digital and intelligent transformation, promote information empowerment, and establish smart operation and management processes. Eighth, we will uphold awareness of red lines, reinforce end-of-pipe governance, and effectively fortify our safety and environmental protection defenses. Ninth, we will adhere to Party building as the guiding principle, integrate it into our core work, and unite our forces for development to jointly create the future.

Lu Jianguang emphasized that in the new year, we must hold high the great banner of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and thoroughly implement the Group’s various decisions and deployments. 1144 Our working approach is to further bolster confidence, raise standards, refine management, and strengthen execution—resolutely winning the tough battle of reducing costs, lowering fees, and improving efficiency. We will strive to achieve new operational and production milestones, energetically secure new victories in reform and development, and make even greater contributions to building a leading, highly competitive thick-plate enterprise.

Hu Jun, Deputy Secretary of the Party Committee and Chairman of the Trade Union of Wugang Company, chaired the meeting and put forward three key requirements: First, deeply understand the spirit of the meeting and pool powerful synergy around the guiding principle of “pursuing breakthroughs through the ‘ultimate’ mindset and embarking on a new journey through practical action and vigorous advancement”; second, firmly focus on the initial goals for the 15th Five-Year Plan period, using the “four breakthroughs” and “four ultimates” to overcome bottlenecks and tackle tough challenges with concrete actions; third, uphold the spirit of “perseverance, rigorous pursuit of practical results, meticulous management, and continuous learning and innovation,” and thus bring to life the vision of “performance-oriented, goal-achieving, joyful work, and happy employees.”

The heads of Party and administrative departments from all second-level units of Wugang Company, the heads of all departments in the company’s headquarters, cadres at or above the deputy-department level, key personnel at the section level and production backbone staff, and employee representatives attended the meeting.