Dear partners and beloved members of the Chinafilm family:

Withthe first light of 2021illuminating the horizon, we stand at the starting point of a new year, looking back at the challenging2020year, and looking forward to the hopefulthe first light of 2021year. On behalf of Chinafilm Group, I extend my sincerest New Year wishes to our partners, customers, and friends from all walks of life who have always supported and trusted us! At the same time, I express my deepest gratitude and highest respect to all employees and their families who have worked hard and contributed silently over the past year.

2020In 2020, a sudden COVID-19 pandemic swept the globe, bringing unprecedented shocks to the world economy and social development. In this war without gunpowder, Chinafilm Group, together with the people of the country, united as one to overcome difficulties. We actively responded to the national call, took effective measures to ensure employee health, and ensured the safe and orderly conduct of production and business activities. During the most severe period of the pandemic, we did not retreat but chose to stay at our posts, ensuring the stable supply of products and services, contributing to social stability and economic development.

In the face of the challenges brought by the pandemic, Chinafilm Group quickly adjusted its strategy, increased investment in research and development, and promoted technological innovation to adapt to market changes and customer needs. We have made new breakthroughs in fields such as composite films, pre-coated films, and high-function films, launching a series of new products that meet the needs of the pandemic, such as antibacterial films and electronic films for remote work. These products not only meet the special needs of the market but also demonstrate Chinafilm Group's innovation capability and social responsibility.

In terms of market expansion, we actively utilized digital means to strengthen communication and cooperation with customers through online platforms, ensuring business continuity and stability. At the same time, after the pandemic was brought under control, we quickly resumed offline business, strengthened our connections with partners, and jointly explored the market, achieving steady business growth.

In terms of social responsibility, Chinafilm Group has always remembered its social responsibilities, actively participating in anti-epidemic actions, donating materials, and supporting community epidemic prevention efforts. We firmly believe that the long-term development of enterprises cannot be separated from social harmony and environmental sustainability. Therefore, we will continue to invest more resources and energy in this area to contribute to building a better society.

2020In 2020, under the test of the pandemic, Chinafilm Group demonstrated strong resilience and unremitting fighting spirit. Our achievements are inseparable from the hard work and selfless dedication of every employee, as well as the strong support and trust of every partner. Here, I would like to express my heartfelt thanks again to all friends who care for and support Chinafilm Group.

Looking forward tothe first light of 20212021, we are filled with confidence and expectation. In the new year, we will continue to adhere to a customer-centered approach, market-oriented strategies, and continuously improve the quality of products and services to meet customer needs. We will continue to strengthen technological innovation, promote technological progress and industrial upgrading of the enterprise. We will continue to expand international cooperation, explore global markets, and enhance Chinafilm Group's international competitiveness.

Here, I would also like to especially thank our employees. It is your hard work and selfless dedication that have forged the brilliance of Chinafilm Group. In the new year, we will continue to focus on the growth and development of employees, providing more training and promotion opportunities, so that every employee can realize their self-worth in the big family of Chinafilm Group.

Finally, I would like to express my heartfelt thanks again to all friends who care for and support Chinafilm Group. Let us work hand in hand to create a better future together!

Wishing everyone a Happy New Year, good health, family happiness, and all the best!