On February 3, the 2025 Annual Summary and Recognition Conference of Wanxiang was held at Wanxiang Innovation & Energy City. The conference summarized the work carried out in 2025, recognized outstanding individuals in “creation,” “entrepreneurship,” and “innovation,” and rallied collective momentum for continued progress. Lu Weiding, Party Secretary and Chairman of Wanxiang Group, delivered a speech titled “Solid Strength, Gathering Momentum to Move Forward,” calling on all Wanxiang employees to proactively pursue quality, pragmatism, and development, striving to become fighters who “speak truthfully, deliver practical results, think critically, and know how to solve problems.” With a sense of ownership, they should forge ahead into the future, open up new horizons for Wanxiang’s development, and achieve the goal of building a great and outstanding company!

In his speech, Lu Weiding took “quality” as the key word and comprehensively reviewed and summarized the achievements of 2025 from five dimensions: First, the quality of the growth engine—moving from “factor-driven innovation” to “digital and intelligent dual-drive”; second, the quality of industrial forms—evolving from “intelligent manufacturing as the foundation” to “leading the future through innovation”; third, the quality of global operations—shifting from “resource integration” to “co-creation and symbiosis at the cutting edge”; fourth, the quality of green development—progressing from “fulfilling responsibilities in practice” to “creating value across the entire chain”; and fifth, the quality of organizational talent—advancing from “establishing management systems” to “empowering and activating.” Lu Weiding pointed out that it is precisely these qualities that have brought us a fresh outlook and new momentum, enabling us to build new advantages and renewed confidence for the future.

Looking ahead to 2026, Lu Weiding, taking “practicality” as the key word, further outlined work requirements from five perspectives: First, a genuine awakening of awareness and mindset—shifting from “execution inertia” to “co-creation of strategy”; second, building a truly vibrant organizational and talent ecosystem—from “cost centers” to “value partners”; third, achieving real breakthroughs in technology and business—from “isolated innovations” to “systemic problem-solving”; fourth, deepening collaborative mechanisms—from “physical integration” to “chemical synergy”; and fifth, genuinely stimulating cultural vitality—from “conceptual innovation” to “immersive scenario-based engagement.” Lu Weiding emphasized that all these efforts are aimed at one overarching goal: breaking down and implementing our grand strategy into the daily work of every individual, every single day.

Lu Weiding pointed out that the “quality” of 2025 stems from our past self-renewal; and the “substance” of 2026 calls upon us to harness all the “quality” we’ve accumulated in the past, coalescing it into a powerful driving force that will propel us forward with unstoppable momentum. Let’s continue to push deeper, finer, and more systematically, opening up new frontiers for Wanxiang’s all-round development! The charge has already begun—each and every one of us warriors will determine the outcome of this battle. A grander sequel awaits each Wanxiang member in 2026 and beyond: How will you write your own story into it? Lu Weiding emphasized: As you are, so is Wanxiang; if you seek innovation, Wanxiang will remain perpetually fresh; if you shine brightly, Wanxiang will radiate even more brilliantly! Let us adopt the attitude of “true owners,” creating, breaking through, and winning a brand-new future—a future that belongs to every hardworking individual—and thus realize our goal of building a great and outstanding company, as we eagerly approach Wanxiang’s 60th anniversary!

Wanxiang Qianchao Co., Ltd. embraces positivity and integrity as its guiding light, and with collective strength and unity, it harnesses energy to achieve great things. In 2025, the Board of Directors and all employees will carry forward the great spirit of model workers and entrepreneurial spirit, fostering a sense of ownership and主人翁意识. Guided by the mission of "Making the air cleaner," we will focus on intelligent energy integration and control, scientifically build the Wanxiang Innovation Energy City, and drive industrial and technological advancement, thereby strengthening the overall strength and competitiveness of Wanxiang’s endeavors. To recognize and honor those who have demonstrated excellence in “creation,” “entrepreneurship,” and “innovation,” we have decided to award the title of “Innovation” to seven entities, including the System Engineering Development Department of Wanxiang 123 Co., Ltd., the Product Innovation Department of Qianchao Bearing Co., Ltd., and Peng Sifei, among others. We also confer the title of “Entrepreneurship” on 22 entities, such as the Failure Analysis Department of Wanxiang 123 Co., Ltd., the Bearing and Assembly Innovation Department of the Universal Joint Factory Bearing Engineering Research Center at Wanxiang Qianchao Co., Ltd., and the Tuna Purse Seine Department of Dayang Shijia (Zhejiang) Co., Ltd. Additionally, we present the title of “Creation” to 23 entities, including the Manufacturing Engineering Department of Wanxiang 123 Co., Ltd., the Intelligent Manufacturing Engineering Department of Zhejiang Wanxiang Precision Co., Ltd., and Chen Shuyan, among others. Lu Weiding presented awards to the honored representatives.

The award-winning representatives shared their experiences at the conference.

The Product Innovation Department of Qianchao Bearing Co., Ltd., led by Niu Jie, and the Bearing Technology Research Institute of the Bearing Engineering Research Center at the Universal Joint Factory of Wanxiang Qianchao Co., Ltd. have been awarded the 2025 Wanxiang Group “Innovation” honor title. Additionally, the Bearing Products and Assembly Innovation Department of the Bearing Engineering Research Center at the Universal Joint Factory of Wanxiang Qianchao Co., Ltd. has been awarded the 2025 Wanxiang Group “Entrepreneurship” honor title.

Niu Jie, the award-winning representative from Wanxiang Qianchao, stated that our breakthroughs and leadership positions in several cutting-edge fields—such as intelligent chassis, humanoid robots, and low-altitude economic technologies—stem from our keen “intuition” about technological trends and relentless efforts. Moreover, these achievements are greatly supported by the Group’s strategy of “focusing on systems and prioritizing talent.” In 2026, we will continue to center on the company’s “automotive + robotics” dual-drive strategy, consolidating and expanding our incremental growth in the 9N bearing and chassis sectors, accelerating the industrial implementation of our robotics growth curve, and striving to create more flagship products in the core robotics components area that bear distinct Wanxiang characteristics and set new industry benchmarks.

The Failure Analysis Department of Wanxiang 123 Co., Ltd., led by Chen Yun, has been awarded the “Entrepreneurship” honorary title by Wanxiang Group for the year 2025.

Chen Yun, a distinguished representative from Wanxiang 123, shared, drawing on his own experiences, the twelve-character principle they’ve developed through practice: “Dare to Innovate, Manage Scientifically, and Focus on Results.” He called on everyone to persist in doing “the right things.” Looking ahead, he stated that the company will continue to iterate its analytical methods around four key principles—“Innovation, Mechanism, Critical Issues, and Interdisciplinary Collaboration”—to refine knowledge management, cultivate a robust pipeline of technical talent, and inject even stronger momentum into the company’s high-quality development through failure analysis technology.

Shen Zhijun, a director of the Board of Directors of Wanxiang Group, presided over the conference. The conference called upon the recipients of the honorary titles—“Creation,” “Entrepreneurship,” and “Innovation”—to keep up their efforts, forge ahead with renewed vigor, fully demonstrate their exemplary and leading roles, and make even greater contributions to the development of Wanxiang’s business. All companies, departments, and employees are urged to earnestly study the spirit of the Chairman’s speech, break down tasks, and firmly assume responsibilities, effectively translating the consensus reached at the conference into concrete actions. Taking the advanced as role models and regarding Wanxiang’s dedicated contributors as our guiding principle, we must strengthen our sense of ownership and主人意识, stay firmly committed to our development goals, take immediate action, press forward with determination, and promote high-quality development across all of Wanxiang’s industries. Let us continue to build on the momentum of “Ten years of striving add another city” and “Ten years of striving add another zero,” contributing Wanxiang’s strength to the cause of Chinese-style modernization!

Chairman Lu Weiding’s speech sparked an enthusiastic response among employees. Everyone remarked that the speech featured a profound and solid summary of “quality” and clear, powerful arrangements for “practical action.” In the coming year, in accordance with the Chairman’s instructions, they will respond to expectations with a hands-on, owner-like attitude and contribute their part to writing a brand-new chapter for Wanxiang’s 60th anniversary.

The conference adopted a live-streaming format with real-time integration of online and offline participation. Following the summary and awards ceremony, a splendid cultural performance was held, featuring a rich array of acts presented by employee representatives from various companies and students from Wanxiang College: vibrant song performances conveyed heartfelt aspirations for striving forward, graceful classical dance interpretations captured the charm of Eastern aesthetics, mesmerizing magic tricks sparked gasps of wonder from the audience, and poignant poetry recitations expressed the shared ideals of the Wanxiang community... Cheers and applause rose and fell in waves, mingling with laughter and joyful conversations. At the Spring Festival gala dinner, all participants gathered together in a warm and festive atmosphere, raising their glasses in celebration, exchanging heartfelt wishes, and collectively looking forward to continuing to move forward hand in hand and united in purpose in the coming year.