On December 30, 2022, Zheshang Magazine released Zhejiang Stock Market Value Ranking List of 2022. By the end of December 30, 2022, the total market value of 658 A-share listed companies in Zhejiang reached RMB 7.16 trillion. With a market value of RMB 88.892 billion, Huayou Cobalt ranked 5th on Zhejiang Stock Market Value Ranking List of 2022.

The year 2022 is a key year for Huayou to accelerate its transformation, achieve high-quality development, and complete the ten-year mission in five years. Over the past year, by adhering to the work requirements of seeking progress while maintaining stability and moving forward rapidly, we have achieved safe, coordinated, strong, innovative and common development. In the first three quarters of 2022, significant achievements were made in enhancing our capabilities from within, with our output and sales volume increased, our industrial structure optimized, and our technological progress accelerated. Our high quality "three-in-one" transformation path is becoming smoother and broader. Our annual operating revenue has increased by 10 billion yuan for the third consecutive year, and our operating performance set another record high.

The year 2022 is the 20th anniversary of the founding of Huayou. In 2022, we summarized the past to draw strength. Looking into the future, with firm determination, carrying forward the spirit of "constantly striving to become stronger and pursuing excellence", we strived to develop ourselves and greeted our 20th anniversary with breakthrough progress and landmark achievements!

Our achievements in 2022 are encouraging, and our goals in 2023 are inspiring. All Huayou staff will continue to forge ahead in unity and make strenuous and concerted efforts to advance the process of completing the ten-year mission in five years based on our insights, our confidence and our experience!