1. The Importance and Necessity of Upholding Corporate Culture

(1) The core values of our corporate culture are the driving force, the foundation of our vitality, and the key to success.

As a pump and valve manufacturer, with the development of China's industrial sector, we are poised for a leap forward in strength and self-renewal, further consolidating and enhancing our position among domestic peers. Faced with new circumstances, new tasks, and the demands of achieving our development goals over the next few years, it is imperative to uphold the core values of our corporate culture and organically integrate it into our development. By introducing advanced management concepts, we will continuously deepen and optimize our corporate culture, fostering a culture commensurate with our position as a leading iron ore port in South China. This will help enhance the port's core competitiveness and corporate management, while also fostering a positive environment for the healthy growth of our employees.

(2) The core values of our corporate culture provide the spiritual driving force for adapting to new circumstances.

Over the past decade or so, in the spirit of keeping pace with the times, we have fostered our corporate culture. By actively exploring and refining core values, such as the "pile-grabbing spirit" of Zhangang people, we have fully integrated our traditional corporate culture with advanced contemporary values and business philosophies, fostering a core corporate culture that effectively drives our company forward.

2.The driving effect of the core concept of corporate culture on the company's production and operation

As a responsible and trustworthy enterprise, our corporate nature dictates that our development and operations must be centered around port production and operations, and the development of our core corporate philosophy is no exception. Serving the port economy and promoting the continuous development of production and construction are the fundamental tasks of our corporate culture.

(1) Responsibility and Accountability

A good farmer doesn't stop farming because of drought or flood, and a good merchant doesn't stop trading because of price fluctuations. Responsibility strengthens people and unlocks their potential and abilities. Accountability means accepting and shouldering responsibility.

Both individuals and groups should be courageous in taking responsibility. Recognizing and understanding one's responsibilities, being clear about one's duties, and assuming responsibility for one's position will transform work from a stressful and passive environment into a proactive one, allowing one to enjoy the joy of work and the joy of achievement. If everyone fulfills their responsibilities in their respective roles, the entire company will be like a well-made machine, with every part working in an orderly manner and every gear fitting perfectly.

(2) Caring and Mutual Assistance

Modern enterprise management is more thoughtful and humane, embodying the characteristics of the times and a humanistic spirit. To be close to employees, while safeguarding the interests of both the state and the enterprise, guided by the Party's mass line principles, and aiming to enhance employee cohesion and work enthusiasm, it is crucial to maintain caring and mutual assistance for employees. This includes respecting them politically, caring for their lives, and developing their skills.

Adhering to a people-oriented management philosophy greatly motivates employees and embodies the core corporate culture of "caring and mutual assistance."

(3) Inheritance and Innovation

Based on "inheritance," we focus on "innovation."

Innovation is fundamental to the survival and development of an enterprise. Innovation leads to prosperity, while lack of innovation leads to decline. Innovation can promote improvements in organizational structure and enhance management efficiency, thereby enabling the enterprise to continuously improve efficiency and adapt to the demands of economic development. During the company's development, it is necessary to introduce new management philosophies, methods, approaches, and organizational structures to stimulate the enthusiasm and creativity of employees and promote the rational allocation and utilization of production resources. At the same time, we must continuously innovate technologically, renovate equipment and processes to reduce costs and achieve product differentiation. Ultimately, we will optimize production and operations in terms of management, technology, costs, and concepts, thereby establishing our own unique advantages.

Inheritance is about choosing and giving up, while innovation is about discarding and transcending. The two are inherently in a dialectical relationship of both opposition and unity. Refining the concepts of "inheritance" and "innovation" at the core of our corporate culture will guide us to progress through criticism, mutual verification, and the pooling of wisdom for continuous growth. Conclusion

The six core concepts of responsibility, accountability, caring, mutual assistance, inheritance, and innovation are not independent of each other; rather, they reinforce and complement each other. When every member of the company takes the company's operations and development as their own responsibility and performs their duties with a high sense of responsibility, they foster a united, caring, and harmonious collective. Caring and mutual assistance among teams, departments, and employees within the company create a synergistic force, empowering everyone to take ownership and promote production. Continuous progress is achieved by inheriting existing strengths, focusing on accumulation, and continuously innovating, absorbing and applying new concepts, technologies, and methods, integrating them into the company's management and technical systems, and forming their own unique traditions.