Xi'an CHINAF Precision Machinery Co., Ltd. 2025 Annual Summary and Commendation Meeting Successfully Held — Anchoring Smart Manufacturing, Embarking on a New Journey Toward a Platform-Based Enterprise

Recently, Xi'an CHINAF Precision Machinery Co., Ltd. (hereinafter referred to as "Xi'an CHINAF") held its 2025 Annual Summary and Commendation Meeting with great ceremony. Company management and all employees attended the meeting to review the achievements of 2025, commend outstanding individuals, outline the blueprint for smart manufacturing in 2026, and consolidate joint efforts for transformation and progress.

2025 was a pivotal year of transition for Xi'an CHINAF. Facing the trend of intelligent transformation in the manufacturing industry, all departments and colleagues went all out, fighting side by side to deliver impressive results: The HardTech Center deepened its technological focus, completing over 50 project designs and technical exchanges, and collaboratively securing multiple key projects; in early 2026, it optimized its structure and established four specialized divisions, laying a solid foundation for future development. The Production Department shouldered responsibilities through practical work, completing over ten thousand outsourced machined parts and advancing the supporting facilities for more than seven hundred R&D parts; through process optimization, tooling costs were reduced by 20%, achieving cost reduction and efficiency gains via innovation. The Project Department acted with rigor and responsibility, advancing 8 projects and accepting 6 (with an acceptance rate of 75%), accumulating valuable experience in cross-industry technology integration. The HR & Administration Center provided thoughtful support, introducing key talent while strictly controlling costs; travel expenses were reduced by 40%, and the bidding process was safeguarded throughout with zero errors, solidifying the backing for stable company operations.

With the new journey of 2026 already underway, each department has defined its work plan aligned with the company's strategy, pledging to stand shoulder-to-shoulder with all colleagues to achieve new goals: The HardTech Center will delve deeper into technology, striving for excellence to provide comprehensive technical support, overcome technical challenges, and solidify the company's technological foundation. The Production Department will sprint towards OEM output value targets, ensure R&D support, conduct employee rotation training on a regular basis, establish standardized quotation and approval processes, and enhance work efficiency. The Project Department will uphold quality bottom-lines, strictly control project gateways, improve acceptance pass rates, refine customer satisfaction evaluation mechanisms, and execute every project and serve every customer with dedication. The HR & Administration Center will serve as the "solid backing" for everyone, building a scientific performance assessment system, establishing a shared human resources pool, developing an intelligent bidding system, and fully guaranteeing the implementation of company strategy.

During the commendation segment of the annual meeting, the company presented four major awards—Outstanding Employee Award, Special Award, Special Contribution Award, and Outstanding Newcomer Award—and announced the recipients, commending the advanced and stimulating vitality across the workforce.

General Manager Ms. Feng Min looked back on the past and discussed the future with everyone. She stated that manufacturing has entered a competitive stage centered on systems, software capabilities, and manufacturing efficiency, making intelligence a necessary direction. She thanked every CHINAF employee for their struggle, which enabled the company to possess complex manufacturing system capabilities in 2025. Over the next three years, the company will continue to increase technological investment, working with everyone to drive the enterprise toward a leap into a platform-based smart manufacturing enterprise, optimizing talent mechanisms to ensure every striver can grow and reap rewards.

Chairman Mr. Feng Xiaoliang emotionally reviewed the arduous journey of 2025, expressing gratitude to all employees for their hard work, acknowledging everyone's efforts and results, and confirming that the company has secured its place among the leading smart manufacturing enterprises. At the same time, he emphasized the need to actively respond to challenges brought by AI technology. For 2026, the Chairman set a core target for everyone to mutually encourage: a 50% year-on-year increase in sales, requiring synergistic efforts from all departments; strengthening the process team, deepening intelligent innovation, laying out self-developed equipment, optimizing talent management, deepening cooperation with partners, and walking hand-in-hand with all CHINAF members to create the future.

This annual meeting unified thinking, clarified direction, and consolidated the centripetal force of all employees. In the future, Xi'an CHINAF will focus on platformization and productization, driven by technological innovation and talent development. Standing shoulder-to-shoulder with all employees, the company will sprint towards 2026 targets, steadily advancing toward a platform-based smart manufacturing enterprise, striving for industry leadership, and ensuring the growth of every CHINAF employee.