Speech by leaders of Baosheng Group Co., Ltd.

After more than 20 years' efforts, Baosheng has risen from a toddler to the forefront of the wire and cable industry in China with the enterprise spirit of "uniting and striving for first-class", and has shaped the image of a leading enterprise in the industry with its brand, quality and excellent corporate culture. National key image projects such as the Capital Airport, the Olympic Bird's Nest, the Three Gorges Project and the Qinghai-Tibet Railway all left the figure of Baosheng products.

With the intensification of market competition, how to keep this great cause and achieve the glory of a century-old foundation? Facing the challenge, Baosheng people creatively implemented the five strategies of "marketing, science and technology, talents, brand and capital", which gave Baosheng wings to take off. Cooperate with the world's largest cable manufacturer to achieve the expansion of "strong cooperation"; China's well-known trademarks, China's famous brand products, national inspection-free products and A-shares have been successfully listed, and Baosheng has achieved difficult leaps and bounds again and again. What does it depend on? It is its lasting core competitiveness-"innovation" culture. Creating new value is innovation and corporate culture. For a long time, while creating great material wealth for the society, Baosheng has gradually formed an excellent corporate culture with its own characteristics, and constantly innovated in its development.

Bao was born with the surname "Shi", and this innate characteristic created Bao Sheng. Baosheng people always aim at the commanding heights of the market, innovate marketing, put forward the new concept of "expert marketing", let "technicians run sales" and forge a "sword" of the market that is invincible.

Baosheng vigorously carried out independent scientific and technological innovation, becoming the only enterprise in the domestic cable industry with both a national enterprise technology center and a postdoctoral research center. Jiangsu Electric Wire and Cable Engineering Technology Research Center was established, and a relatively complete enterprise independent innovation system was gradually established, forming a number of enterprises' own core manufacturing technologies.

Baosheng always adheres to the talent innovation strategy of "introducing, borrowing, hiring and training" and has formed a team of scientific and technological management talents with good quality, reasonable structure and dedication.

Baosheng takes capital innovation as a breakthrough to cultivate enterprise expansion. In recent years, Baosheng has carried out fruitful technical, brand and market cooperation with Italian Pirelli Company, ABB Company, British AEI Company and Italian Rova Company, laying a solid foundation for the implementation of internationalization strategy. In August 2004, Baosheng shares were successfully listed on the Shanghai Stock Exchange. In August 2005, Baosheng initiated the establishment of Baosheng Electric Co., Ltd., which is about to enter the listing sequence.

Innovation is the soul of a nation's progress and an inexhaustible motive force for an enterprise to achieve sustainable development. Looking forward to the future, Baosheng Group will continue to vigorously implement the "innovation" strategy, transform innovation into culture, strive to create "harmony Baosheng", "integrity Baosheng", "brand Baosheng" and "culture Baosheng", and continue to innovate in order to accelerate the construction of 100 billion enterprise groups, build a "century-old Baosheng" foundation and build a world-renowned brand, and strive to become an excellent power and information engineering solution provider.