In the grand picture of our company's new energy non-oriented silicon steel structure optimization project, the core of the TCM (six-roller continuous rolling mill) unit, the first archway of the six-stand rolling mill, was gloriously hoisted today. This feat is like a milestone, not only marking the successful conclusion of civil engineering and plant installation, but also the brilliant opening of the installation of the entire line of equipment. Since June 29, 2023, the horn of construction has officially sounded on this hot land. With infinite vision for the future, we vow to make this factory that condenses wisdom and sweat revitalized and put into operation by the end of June 2025.

At the hoisting site, the giant archway slowly rose under precise control and docked as steadily as Mount Tai. This thrilling moment is the crystallization of countless calculations and simulations by engineers, and the perfect fusion of wisdom and courage of the technical team. It is not only the best feedback for the hard work in the early stage, but also paves the way for the subsequent equipment installation work, inspires the high morale of all builders, and indicates that the entire project will move forward at an unprecedented speed.

The far-reaching significance of this project is far more than the rise of a modern factory. It is like a bridge connecting the future and the present of the new energy vehicle industry. After it is put into production, it will produce high-grade materials sufficient to meet the needs of 4.4 million new energy vehicles every year. Behind this number are countless new energy vehicles galloping on the green road, which is a powerful break from the dependence on traditional energy. What is even more exciting is that this innovative move is expected to reduce carbon emissions by 4 million tons per year, which is equivalent to the carbon absorption of 360,000 hectares of forests in one year, which is equivalent to adding a vast green ocean to the earth, and contributing a heavy force to the cause of global environmental protection and sustainable development.

This is not only a project, but also a revolution in energy transformation and environmental protection. We are writing a glorious chapter in the new energy era with practical actions, and putting a more splendid green coat on Mother Earth.