With the support and help of China Aerospace Science and Technology Corporation and the Fifth Academy, and through the efforts of several boards of directors and management, the company has realized the development situation of continuous improvement of business development level and continuous expansion of business scale, laying a solid foundation for the company's sustainable development. We will take this opportunity to make continuous progress, continue to practice the market-oriented reform and development of military enterprises, give full play to the advantages of the company's industrial development, resource allocation and mechanism innovation, and realize the rapid development of the company, making it bigger, better and stronger. China Satellite will be built into a world-class comprehensive aerospace company with scientific management, innovative mechanism, outstanding main business, remarkable benefits, strong core competitiveness and considerable industrial scale. China Satellite, as the core enterprise of satellite development and satellite application in the space field, has been continuously integrating resources with the help of the superior resources of the controlling shareholder, Aerospace Fifth Academy, and the actual controller, China Aerospace Science and Technology Corporation. At present, the industrial pattern of balanced development of satellite development and satellite application has basically taken shape. With the continuous growth of the company, China Satellite is gradually becoming an important platform and core force for the development of China's space industry.
China Satellite will adhere to the corporate philosophy of "integrating science and wisdom, cultivating talents, benefiting people's livelihood and building Dao Ji into the world", seize the historical opportunity of rapid development, adhere to the working policy of "paying equal attention to innovation and industry, paying equal attention to benefits and planning, and paying equal attention to domestic and international", give full play to the advantages of mechanism and system innovation of listed companies, improve their comprehensive management ability, enhance the core competitiveness of their main businesses, build excellent market brands, and realize the comprehensive, coordinated and sustainable development of the company.
We firmly believe that with the care and support of shareholders and friends from all walks of life, China Satellite will be able to repay shareholders and society with impressive business performance and remarkable economic benefits through the unremitting efforts and innovation of all employees.