After five decades of scaling new heights, we again embark on a new journey. On behalf of the Board, I would like to express my most sincere gratitude to all directors and the management team for their outstanding wisdom, to all employees for their diligent efforts, to shareholders for their full support, and to global consumers for their valued patronage and trust. Striding towards the new development journey of the “third entrepreneurship” for the next fifty years, we will remain true to our entrepreneurial roots, always resonate with national development and the trends of the times, inherit the spirit of scaling the summit, and maintain our original entrepreneurial aspiration. With brand leadership, AI empowerment, and high-quality development, we will stride towards a bright future of “global leadership”, achieve the ambitious vision of a “century-old brand and century-old enterprise”, create value for people’s better lives, and contribute to the construction of a modern textile industrial system and a powerful nation in brands!

Chairman and President
June 25, 2026