On April 25th, Zhejiang Lianneng Electric held an analysis meeting on the economic operation in the first quarter of 2026. The meeting comprehensively summarized the completion of various tasks in the first quarter and studied and deployed the next key work. Li Jie, the chairman of the company, attended the meeting and delivered a speech. All employees of the company participated.
  General Manager Li stated that at the end of last year, the company established a new business management policy of "strengthening the market, refining the enterprise, simplifying processes, and reducing costs". This is a summary and crystallization of Lianneng Electric's nearly two decades of development experience, and it is also a guiding ideology for the steady development of the enterprise that is compatible with the current socio-economic and political situation. Lianneng Electric must unswervingly implement this policy. Looking back on the work of the past few months, there have been achievements and gaps, and the achievements are quite impressive, while the gaps are also very noticeable! In terms of strengthening the market, the company's sales situation has made new breakthroughs, and market expansion has achieved substantial achievements. The order contract amount has increased by nearly 40% year-on-year! This achievement is hard-won and is the result of the concerted efforts and hard work of the technical and business departments! The deficiency is that the application of digital twin technology has progressed slowly, and the results of cost reduction and efficiency improvement are not obvious, which is far from the company's requirements and expectations!
  President Li put forward requirements for the next key tasks: First, we must maintain our goals and tasks unchanged, and make every effort to achieve our annual goals. We must always adhere to market orientation, aim to strengthen the market, vigorously pursue market expansion, further strengthen the research and judgment of business strategies, make good use of the company's financial strength, and leverage the company's brand advantages. Introducing Schneider brand cabinets will promote the successful transformation of the company. Second, we must strengthen innovation and shape new driving forces for enterprise development. We must focus on the frontiers of industry development and market demands, pay attention to the application of power distribution equipment in new business forms such as digital centers, develop new products in a timely manner, cultivate new growth points, improve innovation mechanisms, closely cooperate with digital enterprises such as Lichi, solidly promote digital engineering projects, and agree to postpone the completion of the digital twin technology application project until June 30th based on the current work progress. Third, we must implement refined management to promote quality improvement and efficiency enhancement. Currently, the company faces persistent problems such as poor information flow, low quotation accuracy, and weak market response capabilities. The fundamental solution to these problems is to actively adapt to the market, seek changes proactively, and focus on refined management. All employees must continuously strive for improvement, actively adapt to new situations and new markets. Only by constantly learning, mastering new skills and abilities, and enhancing our own capabilities can we refine and perfect our work, and further consolidate the company's strength. All departments must prioritize refined management and achieve tangible results. This result is to reduce the company's operating costs and enhance its economic benefits. Fourth, we must unswervingly prevent risks and build a solid foundation for the safe development of the company. Lianneng has come this far relying on the good corporate reputation accumulated and cultivated over many years. Quality and integrity are the lifeblood of the company, and they form the foundation of the Lianneng brand. Any issues or problems related to quality and integrity will seriously damage the company's vitality and even destroy it overnight! We must strengthen our risk awareness and risk thinking, and must not gamble on luck. We must strengthen the prevention and control of operational risks, standardize operations, design, and production, and must not allow our negligence, mistakes, and luck to damage the Lianneng brand and bring irreparable losses to the company. We must build a solid foundation for safe development, abide by laws and regulations, reduce corporate safety risks, and ensure the sustainable operation of the company.
  In conclusion, Mr. Li expressed his hope that all employees would possess a strong sense of crisis, remain committed to their positions, fulfill their responsibilities diligently, and perform their duties solidly, thereby making their own contributions to the company's persistence and development in this ever-changing environment!