1.Won the title of champion, highlighting the prestige of the product

In May, in the selection of the eighth batch of manufacturing individual champion enterprises organized by the Ministry of Industry and Information Technology and the China Federation of Industrial Economics, FGI won the title of "2024 Manufacturing Individual Champion". We will take this opportunity to continue to learn new ideas, new technologies and new models for the development of the manufacturing industry, move toward "new" and "green", find new quality productivity development paths for the manufacturing industry, promote quality change, efficiency change, and power change for the development of enterprises, and contribute to the global energy transformation and sustainable development.

2.Straighten out the relationship between property rights and strengthen market value management

On May 17, FGI Electronic Technology Co., Ltd. issued the "Announcement on the Progress of the free transfer of State-owned Equity of Controlling Shareholders". Shandong Energy has become the direct controlling shareholder of FGI, and the actual controller of FGI is still Shandong SASAC. This adjustment will further optimize the internal property rights relationship of Shandong Energy, compress management levels, and improve decision-making efficiency.

3.Practice social responsibility and demonstrate the responsibility of state-owned enterprises

In April, the company released its first Environmental, Social and Governance (ESG) Report, marking the company's firm determination on the road of sustainable development, which means that it has officially entered a new stage of development with the full implementation of ESG strategy; In December, in the ESG Golden Dawn selection activity of Securities Market Weekly, FGI won five awards: Golden Dawn Award, Leadership Award, Best ESG Practice Light, Best Employee Friendly Vitality and Best Integrity Management Compliance Award, which is not only an affirmation of FGI's long-term adherence to sustainable development strategy. It is also highly recognized for promoting the green transformation of the industry, building harmonious labor relations and strengthening compliance management.

4.Technology enables to lead, high everywhere

In December, FGI(Qingdao) Transportation Technology Co., Ltd. and FGI(Suzhou) Technology Co., Ltd. were recognized by high-tech enterprises, which is a comprehensive recognition of the comprehensive strength of scientific research and innovation and achievement transformation, marking FGI to build a technology platform enterprise and achieve stage results. FGI will continue to improve the overall research and development strength and promote more breakthroughs in technology.