Speech by the President of the Board.

Huawei Power Source is a lead acid battery based, industrial and investment company thatadhere to diversified development. Since the first lead acid battery factory so far, has gonethrough nearly two decades. Over the past years, we have been doing our best with pesistence and perseverance. We believe in our faith and run our businesses with the entre-preneurial passion, so as to gradually develop to the current company size. Our businessrange covers lead acid battery, battery accessory, plastic hardware, electronic product,electronic, financial product and etcetera

On this surging economic tide and great opportunity for development, we will always bepeople-oriented and adhering to the business philosophy of "honesty, passion, innovationand prudence", and constantly enhance the core competitiveness of enterprises so as tocontinuously enhance their capability of independent innovation. Enhance the corporateculture cohesion, and constantly enhance the corporate brand influence By further im-proving the internal decision-making mechanism, management mechanism and talent de-velopment mechanism, we strive to achieve the overall improvement of the corporatequality so as to provide our employees with a broader space for growth and developmento as to provide our customers with even better products and services. We firmly believethat: Quality is the life of the enterprise, the brand is the symbol of success, human resourc-es is the driving force, integrity is the cornerstone of cooperation.