All Dear Colleagues of CSAC, Respected Customers and Partners, and All Friends Who Care for and Support the Development of CSAC:

Spring breezes bring warmth, and all living things thrive; labor shines brightly, and forging writes glorious chapters.

On the occasion of the International Labor Day, on behalf of the Board of Dire

ctors and managem

ent of CSAC Marine Equipment, I would like to extend my highest respect and sincerest festive blessings to all CSAC colleagues fighting on the frontlines of production, technology, quality, sales, finance, procurement, logistics, management, service and all other posts!

My heartfelt gratitude and best wishes go to the families of our employees, who have long understood, supported and stood by every member of CSAC!

I also send my sincerest thanks and best regards to our valued customers who have always trusted, supported and inspired CSAC to forge ahead!

Best wishes to our long-term partners and all sectors of society who keep pace with and support CSAC’s growth!

And to all strivers who remain on duty during the holiday, ensuring production and delivery and honoring commitments to customers:

Thank you all for your hard work!

Labor Creates Value, Forging Builds CSAC

Labor is the profound power of the times; striving is the profound background of an enterprise.

Since the Group started its business in 2012, CSAC has grown from a single aspiration, a dedicated team and one production line. With the commissioning of Taixing Base and the construction & development of Suqian Base, we have gradually evolved into one of the most growth-driven and innovative enterprises in the global anchor chain and mooring system industry.

Our journey has never been all plain sailing.

We have weathered the hardships of the early entrepreneurial days, the tests of fierce market competition, the pressure of capacity expansion, as well as challenges brought by rising customer requirements and ever-upgrading industry standards. CSAC’s steady growth to today relies not on empty slogans or fleeting opportunities, but on the daily perseverance, dedication, responsibility and commitment of every CSAC employee.

Behind every chain lies hard work;Behind every delivery lies boundless responsibility;Behind every breakthrough lies persistent dedication;Behind every customer recognition lies the silent dedication of countless posts.

The development history of CSAC is essentially a history of struggle written by all CSAC laborers.All the achievements the enterprise has made today belong to every diligent, dedicated and resilient member of CSAC.

Tribute to Frontline Production Staff: Forging Safety Life Chains With Their Own Hands

On this festival dedicated to laborers, we first pay tribute to all frontline production colleagues.

Rooted in Taixing and Suqian two major production bases, you devote yourselves to key positions including material cutting, chain making, welding, heat treatment, tension testing, shot blasting, polishing, flaw detection and shipment. Regardless of scorching summer or freezing winter, day and night shifts, urgent orders or arduous tasks, you always stick to your posts, prioritize the overall interests and guarantee timely delivery.

Anchor chains and mooring chains are no ordinary products. They underpin the safety of ships, offshore platforms, and tens of thousands of workers on board vessels and platforms, as well as bearing customers’ trust in CSAC.

It is your diligent labor that enables CSAC to deliver our commitment of Safety, Reliability, Efficiency and Quality to every customer.

Tribute to R&D and Technical Team: Underpinning the Enterprise’s Future With Innovation

Rooted in professionalism and empowered by innovation, you have long delved into anchor chains, mooring chains, deep-sea equipment, floating wind power and other fields. Whether it is process improvement, material research, welding breakthroughs, heat treatment optimization, or standard formulation, patent application and certification system construction, you are accumulating momentum for CSAC’s future development.

To lead the global industry, an enterprise relies not only on scale, but also on technology, standards, innovation and sustainable evolution capabilities.

Every process optimization elevates product reliability;Every technological breakthrough scales new heights for the industry;Every standard and patent lays a solid foundation for CSAC’s future journey.

Your endeavors determine how deep, far and steady CSAC can advance.

Tribute to Quality and Service Team: Safeguarding Brand Reputation With Reverence for Standards

Quality is the lifeline of an enterprise and CSAC’s most solemn promise to customers. You uphold standards, safeguard reputation and shoulder responsibilities.

From raw material inspection and process control to non-destructive testing and finished product approval, from customer acceptance to after-sales service, no link allows the slightest negligence. We are well aware that delivered products carry not merely commercial orders, but the safety responsibilities of ships and offshore platforms.

You strictly control procedures, dig deep into problems, trace root causes and pursue continuous improvement, holding the bottom line with rigor and winning trust with professionalism.

CSAC’s enduring reputation among domestic and international shipowners, shipyards and offshore engineering enterprises is inseparable from your reverence for quality, accountability to customers and persistence in every detail.

Tribute to Sales Team: Expanding the Market Through Hard Work, Connecting the Globe With Services

Standing at the forefront of the market, facing fierce competition and complex demands from customers and projects across countries and regions, you always explore the market with pioneering spirit, win customers with professional services and maintain cooperative relations with a long-term vision.

No order comes easily. Behind every deal lie numerous visits, communications, quotations, coordination efforts and persistent follow-ups to customer demands even late into the night.

Sales is far more than securing orders; it is bringing CSAC’s products, services and brand to the world.

You act as the bridge connecting the enterprise to the market and a vital force driving CSAC’s global expansion. Thanks to your pioneering efforts on the frontline, CSAC continues to expand market influence, winning wider recognition, preference and trust from global customers.

Tribute to Finance Team: Guarding the Bottom Line With Professionalism, Supporting Development With Responsibility

Over the past period, the finance team has undertaken numerous arduous and complex tasks. With the enterprise’s rapid development, expanding business scale and rising management requirements, IPO counseling, corporate compliance, financial standardization, cost control, capital management, tax planning, budget analysis and internal control construction have all set higher standards for the finance team.

Much of your work goes unseen by outsiders yet is indispensable to corporate operation;Many pressures remain unspoken but bear far-reaching significance;Your work goes far beyond compiling simple financial statements, laying a solid foundation for the enterprise’s long-term standardized development.

Faced with heavy workloads, intensive tasks and tight deadlines, the finance team has withstood pressure and delivered steady results, providing crucial support for corporate operation decision-making, cost control, compliance construction and capital market advancement.

Capital safety, authentic costs, accurate data and sound compliance form the cornerstone of high-quality corporate development.

Thank you for upholding the bottom line with professionalism and supporting growth with responsibility. Your dedication is deeply acknowledged and cherished by the company.

Tribute to All Management & Support Teams: Empowering Corporate Progress Through Ordinary Posts

We pay tribute to all teams in procurement, logistics, equipment, safety & environmental protection, human resources, administration, warehousing, information technology and all other management and support departments.

Working mostly behind the scenes, your roles underpin the daily smooth operation of the enterprise.

Timely material supply, stable equipment operation, controlled safety and environmental protection, timely talent recruitment, efficient logistics delivery, implemented institutional processes and comprehensive logistics support — every aspect bears on corporate operational efficiency and development quality.

Greater enterprise development demands systematic, standardized and efficient management capabilities. To rank among global industry leaders, CSAC needs not only strong production, sales and technological capabilities, but also enhanced organizational coordination and management proficiency.

Thank you for fulfilling your duties silently in ordinary posts. It is these seemingly routine tasks that lay a solid foundation for the enterprise’s steady progress.

Gratitude to Employee Families: Your Support Is the Backbone of CSAC’s Strivers

On this special festival, we extend sincere gratitude to every family member of CSAC employees.

Corporate growth stems not only from on-the-job endeavors, but also from understanding, support and dedication behind every family.

Many CSAC employees work overtime regularly, stick to their posts during holidays, and travel extensively for order delivery, customer service and project advancement. Every employee can devote themselves wholeheartedly to work with the backing of their families.

You take on more family responsibilities, offer greater understanding and tolerance, and place your precious trust in CSAC.

CSAC’s growth embodies both employees’ hard work and families’ dedication;CSAC’s achievements witness both on-the-job striving and family backing.

On behalf of the company, I sincerely say to every employee family member:Thank you! You have worked hard too!

CSAC will always cherish every contributor, and strive to make every employee’s dedication worthwhile, enabling every family to live in greater peace and hope alongside CSAC’s development.

Gratitude to Customers: Customers Are the Foundation of CSAC’s Growth

We offer special thanks to all customers who trust and support CSAC.

Customers are the foundation of an enterprise’s survival and development; customer trust is CSAC’s most precious asset.

CSAC always adheres to a customer-centric philosophy. We deeply understand that without customer choice, there is no market; without customer trust, there is no corporate growth; without ever-rising customer expectations, there is no driving force for CSAC’s continuous improvement.

Every cooperation is a precious trust;Every order is a sacred entrustment;Every comment and suggestion is invaluable motivation driving CSAC forward.

We appreciate customers for giving us opportunities and inspiring us to elevate standards. It is customers’ trust and high requirements that push CSAC to make constant progress in quality, delivery, service, technology and management.

Going forward, CSAC will stay committed to its customer-centric business philosophy, guided by customer demands, anchored by product quality, empowered by rapid response and targeted at long-term cooperation. We will continue to create greater value for global customers in shipbuilding, offshore engineering, floating wind power and deep-sea equipment sectors.

We will repay every customer’s trust with more reliable products, more efficient delivery and more professional services.

Embarking on a New Journey, Striving Is the Best Moment

CSAC has entered a critical stage of high-quality development.

The company’s main board listing counseling is advancing in an orderly manner, production capacity continues to expand, global customer development deepens day by day, and our business in anchor chains, mooring chains and marine engineering equipment accelerates expansion. We are striding firmly toward our vision: To forge the safest life chains for ships and offshore platforms, and become a global leader in the anchor chain and mooring system industry.

The higher we climb, the clearer we must stay; the more milestones we achieve, the less we can pause our strides.

Future competition lies not merely in production capacity, but in comprehensive strength covering quality, technology, service, cost, brand, compliance, organizational capability and management system.

We must hold ourselves to higher standards:In production, pursue lean manufacturing, boost efficiency and reduce waste;In quality, uphold bottom-line principles and make every chain a reassuring product;In technology, dare to tackle challenges and achieve breakthroughs to master more core technologies;In sales, deepen customer cultivation, stay close to the market and build a global service system;In finance, consolidate compliance foundations, strengthen cost awareness and underpin steady corporate development;In management, optimize processes, consolidate responsibilities and enable efficient organizational operation;In culture, uphold integrity, diligence, innovation, accountability and long-termism.

CSAC has come this far relying on the struggles of laborers, and will march further ahead relying on the joint efforts of all CSAC people.

Empower Strivers With a Stage, Reward Contributors With Returns

The ultimate goal of corporate development is not only to expand scale and improve performance, but also to provide a better platform, broader growth paths and a more dignified life for every dedicated value creator.

Adhering to a people-oriented philosophy, the company will continuously improve the working environment, optimize talent training mechanisms and broaden career development channels — offering opportunities for those willing to act, a stage for those capable of delivering, and tangible rewards for those who achieve results.

We will always abide by work safety regulations, practice green and low-carbon development, fulfill corporate social responsibilities, and strive to build CSAC into an enterprise that employees take pride in, customers trust, partners respect and society recognizes.

CSAC’s development belongs to every laborer;CSAC’s future will be created jointly by every striver.

Set Sail With Labor, Row Forward With Striving.

Time is enriched by labor; careers are glorified by striving.

Looking back, we take pride in our struggles;Standing in the present, we stay steadfast in our responsibilities;Facing the future, we are filled with strength by our dreams.

On the new journey, we hope all CSAC colleagues will carry forward the spirit of model workers, labor ethics and craftsmanship, maintain the passion of entrepreneurs, the demeanor of strivers and the pragmatic style of doers. With firmer faith, stronger professionalism and greater unity, let us drive CSAC toward higher-quality, higher-level and broader development.

Once again, wish all CSAC colleagues a happy holiday, good health, smooth work and happy families!Wish all employee families good health and all the best!Wish all customers and partners prosperous careers and great success!

Let us set sail with labor, row forward with striving, stay true to our original aspiration, unite as one, and jointly create a more brilliant tomorrow!