From December 27 to 28, Wanxiang Qianchao Co., Ltd. held its 2026 annual meeting. The meeting comprehensively summarized the company's business performance in 2025, systematically planned the development path for 2026, and promoted alignment and synergy between the company's strategy and operational practices, ensuring steady and sustainable progress.

Lu Weiding, Chairman of Wanxiang Group, attended the meeting to explain and implement the strategic arrangements and policy orientations of the nation’s “15th Five-Year Plan,” convey the spirit of the provincial party committee’s economic work conference, and make deployment plans tailored to the company’s actual situation. First, we must establish a clear main line of work: gain deep insights into the external environment, deepen theoretical study, and align with policies in areas such as technological innovation, industrial investment, opening up to the outside world, and low-carbon development. We need to break down and implement these policies effectively, ensuring that the company’s development resonates harmoniously with overarching national strategies. Second, we must set forth general requirements: focus on new-quality productivity and high-quality development, adopt goal-oriented approaches, emphasize practical results, grasp the bigger picture while identifying key priorities, remain single-minded and pursue pragmatic development, continuously enhance enterprise efficiency, and strengthen our competitive edge. Third, we must summarize our methodological logic: be flexible and adaptable, apply the right strategies, employ effective tactical approaches, strive upward for support, and tap into internal potential. By doing so, we can maximize the synergistic effects of various policies, write well the story of “strengthening, supplementing, and extending industrial chains,” and build ourselves into a true hub for industrial agglomeration, technological innovation, and opening up to the outside world.

Ni Pin, Chairman of Wanxiang Qianchao, attended the meeting via video and delivered a keynote speech. Focusing on the core logic behind the company’s high-quality development, he proposed “four pillars of”: First, adhere to goal-oriented thinking and seize strategic opportunities—focusing on mechanism reform, technological innovation, and global expansion to cultivate new growth trajectories and build long-term competitiveness; second, adhere to problem-oriented thinking and consolidate the foundation for development—working hard to optimize the management system, strengthen performance evaluation and incentives, strictly control sunk costs, and achieve breakthroughs in execution in key areas such as supply chains and internationalization; third, adhere to bottom-line thinking and enhance risk awareness—strictly upholding legal and operational red lines, systematically advancing development along four levels, and solidifying the foundations of safety, quality, and growth; fourth, adhere to underlying logic and refine working approaches—using the “addition, subtraction, multiplication, and division” methodology to drive quality improvement and efficiency enhancement: accumulating progress through addition, rigorously controlling costs through subtraction, leveraging technology-driven innovation through multiplication, and focusing on optimization through division, thus achieving a shift from passive response to proactive planning.

Vice Chairman Pan Wenbiao put forward specific requirements for implementing the spirit of the meeting: We must thoroughly carry out the Board of Directors’ deployment, focus on key innovation tasks, and comprehensively enhance work efficiency. We should proactively assess the development needs of new projects and new products, and plan and invest in experimental equipment ahead of time. Guided by the company’s strategic direction, we should actively promote the acquisition and merger of high-quality projects that align with our industrial positioning. At the same time, we conducted a systematic analysis of key indicators such as per capita output value and per capita profit generation for each company, and made specific arrangements for the next phase of overall work.

The meeting was chaired by General Manager Chen Liao. Attendees included general managers’ assistants and above from all departments and subsidiaries of Wanxiang Qianchao, organizational resources and financial accounting managers from each subsidiary, general managers’ assistants and above from various enterprises, as well as other designated attendees. Managers from Wanxiang Group and Wanxiang San Nong Group also attended the meeting.

On the 28th, five parallel thematic meetings were held separately on financial accounting, organizational resources, digital intelligence operations, marketing, and technology, further refining and implementing the requirements of the annual meeting. Tasks were broken down, requirements were clarified, and key work targets for 2026 were set forth, ensuring that all arrangements made at the annual meeting are effectively put into practice and yield tangible results.