Dear Juyi family members:

Hello everyone!

The handle of the bucket points east, and the golden dragon welcomes the spring. Through ups and downs, we have gone through an extraordinary 2023 and ushered in a promising 2024. At this wonderful moment when time is changing and everything is renewed, I would like to extend my most sincere blessings and cordial regards to all the employees and their families who are working hard in various regions and positions, especially the equipment operators who are still on the front lines of construction during the festive season. greeting!

In 2023, let’s go hand in hand through thick and thin!

Looking back on 2023, it is a year of struggle, a year of perseverance, a year of change, and a year of progress. In 2023, we have experienced severe tests in the upstream and downstream, fierce competition in the downstream market, and upstream manufacturers have shrunk and adjusted. Facing the complex and changeable external environment and severe industry situation, all Juyi employees have worked together, united sincerely, and worked hard with firmness. With faith and tenacious fighting spirit, we will face challenges together, increase confidence, enforce execution, overcome difficulties, optimize management, reduce costs and increase efficiency, improve quality and innovation, and decode strategies... With struggle as the pen, we have written a winding but wonderful story. 2023!

Focus on improving business quality and developing steadily and healthily

This year, we seized the development opportunities of the industry market during the trough period, focused on improving the quality of operations, unifying our thinking, raising awareness, and strengthening confidence. In the context of intensified industry involution and fierce competition, we consolidated the domestic market and developed international channels. , achieved steady progress, healthy and high-quality development, and further consolidated its leading position in the industry.

This year, we continued to strengthen our internal management capabilities, tap into our potential with the determination to improve rationally, and strive to advance the company's strategy. We have always adhered to the vision of creating "the first brand in the entire value chain of professional services", taking "digital dimensionality + operational quality improvement" as the starting point, focusing on asset layout, digital management, international development, marketing tools, operational efficiency, and comprehensively introducing talents The training system provides high-quality professional talents to the industry, comprehensively improves the company's operational quality and enriches the core of the Juyi brand.

Promote service industrialization and build a new industry ecosystem

This year, we were the first in the industry to propose the construction concept of service industrialization in the operating leasing industry of "service industrialization = standardization + digital presentation + large-scale talent mechanism", and launched a new delivery system personnel performance model based on "digital + "Innovative" two-wheel drive, taking the lead in the industry to launch the basic ability evaluation system, talent training system, working hours system, working condition certification system, service mileage system, and satisfaction evaluation system for equipment operator positions, installation and disassembly delivery personnel positions, redefining services The personnel "capacity + efficiency" model has established a new standard for industry service. While promoting the overall improvement of service levels, it breaks existing limitations, anchors the value of talents for the industry, and accelerates the construction of a new industry ecosystem!

Comprehensive digital upgrading to release operational efficiency

This year, our digital management and operations have reached a new level!

Digital full-process management is fully optimized to achieve closed-loop collaboration of business processes, accounts receivable processes, and operational processes; the Internet of Things system is fully upgraded, and Juyi Security Monitoring Cloud 3.0 is launched; OA office systems are further integrated, including CRM, human resources, projects, equipment, and finance. Management and other aspects have been made concrete, and management efficiency has been greatly improved; at the same time, information tools such as the digital operation BI platform and ERP+TMS Juyi Operation Delivery System have been further optimized and upgraded, with remote operation, intelligent anti-collision, intelligent operation plan design, artificial intelligence operation and Intelligent tools such as smart safety helmets have been deeply used and widely practiced, and the effectiveness of digital empowerment has become increasingly prominent!

Deepen model application to stimulate industry vitality

This year, we persisted in implementing the cultural connotation of “desire to change and change the industry”. We continue to strengthen cooperation with industry customers, focusing on brand connotation, ecosystem construction, and model innovation, and pioneered the industry's first "supply chain finance model", "cost stripping model", "large-scale centralized procurement model" and "work-to-house housing model" , and achieved comprehensive promotion and application. When the entire industry chain faced cash flow shortages and declining gross profit margins this year, it provided industrial financial support to the industry, injected vitality and vitality into the cash flow of the industry chain, and created a benign development environment for the industry. , and contributed positively to building a new ecology!

In 2024, the journey is long and we will go to the future together!

In the old year, we have already made a thousand achievements, and in the new year, we have made even more achievements. Looking forward to 2024, we will firmly implement the company's work policy of "optimizing structure, strengthening strengths and weaknesses, and opening new games", and optimize and reform the overall operating system through structural adjustments to achieve a balance and upgrade of cost, efficiency, and profit structures; with innovation Break the situation, introduce new ideas, and build a new ecology, laying the foundation for the healthy and high-quality development of the company's business throughout the year; at the same time, seizing market opportunities, accelerating the development of online platforms, international leasing and new category asset operations, introducing Internet business thinking, and laying the foundation for the company's healthy and high-quality business development throughout the year. The company injects more vitality and vitality to promote business diversification, internationalization and comprehensive development.

In 2024, the market will be more complex and difficult than in 2023, and the competition will be more intense. I hope all my friends will give up their illusions! In the new year, we have a firm understanding that we need to be more united and meet new challenges and opportunities with fuller enthusiasm and firmer confidence! We must actively improve our own shortcomings, proactively think about improvement paths, implement improved behaviors, improve our own competitiveness with better services, more active market development, and more determined management reforms, with the drive to strive for progress and the courage to show the sword. With hard work and perseverance, you can move forward firmly in the complex market!

Finally, I sincerely wish you all good health, smooth work, and happy families in the new year! Let’s listen to the New Year’s bell together and embark on a new journey worth looking forward to in 2024!

If you work hard, you can win any battle; if you work with wisdom, everything can be accomplished!

In 2024, let us embrace a hopeful tomorrow in the name of our dreams!

In 2024, let us use struggle as a pen to write a bright and brilliant future!