Set sail with determination and sail through the waves with determination

Chairman Hu Jiada's New Year's message for 2024

The beginning of a new era, everything is updated. On the occasion of bidding farewell to the old and welcoming the new, on behalf of Ritar Group, I would like to extend our sincerest New Year wishes to employees and their families at home and abroad, and to all friends from all walks of life who care about and support the development of our cause!

2023 is a year full of challenges and opportunities. Faced with the new situation of economic globalization encountering headwinds, insufficient momentum for world economic recovery, and industrial competition, we adhere to technological innovation and green development, break through, improve, and transform in challenges, and write a new chapter in safe energy storage with indomitable spirit and outstanding performance.

This year, we have adhered to innovation driven, efficient empowerment, and played a leading role in high-quality development. Energy storage safety is one of the biggest pain points in the industry. We rise to the challenge, focus on the field of safe energy storage, aim at key technological innovation problems, comprehensively create a strong competitive product matrix, and launch multiple safe energy storage products such as OPzV acid free solid-state 15KWh energy storage cabinet, OPzV acid free solid-state 40KWh energy storage cabinet, OPzV acid free solid-state 216KWh energy storage cabinet, OPzV large megawatt level energy storage, OPzV large 100MW level indoor energy storage, etc. The solid electrolyte fundamentally solves the safety risks of other technical routes. Their emergence not only fills the market gap, but also leads the new trend of safe energy storage in the new energy industry.

This year, we have been striving for excellence, forging ahead with determination, and receiving numerous honors, resulting in a double harvest of corporate strength and reputation. With leading technology in safe energy storage, we have been invited multiple times to give keynote speeches at major industry summit forums, delivering Ritar's strongest voice to discuss green sustainable development and future industry trends, continuously enhancing our influence in the energy storage industry. In the selection of authoritative institutions at home and abroad, our OPzV Acid Free Solid State OPzV Battery has received high praise for its national green design product and best energy storage solution. These honors are not only a recognition of our past, but also an inspiration for our future.

This year, we worked hand in hand and joined forces to gather the power of cooperation into a magnificent momentum. Those who share the same desires win, and those who work together in the same boat win. In the context of globalization, only by upholding an open and cooperative attitude can we meet challenges and achieve win-win outcomes. We sincerely cooperate and work hand in hand to continuously expand our "circle of friends" with high-quality products and efficient services, achieving global project proliferation and record high revenue growth in the company's energy storage sector.

This year, we assessed the situation, expanded production and energy, and laid out high standard production bases. In order to meet the continuous flow of orders, we have established production bases in Hengyang and Jiuquan with an annual output value exceeding 10 billion yuan. We will further integrate internal resources, leverage the advantages of large-scale production, improve the layout of the industrial chain, continuously improve production efficiency and quality standards, and provide strong production capacity support for market supply.

The scroll of history unfolds in the process of forging ahead; The glory of the times lies in the continuation of struggle.

In the new year, we will continue to promote innovation with ingenuity. On the road of new energy, only continuous innovation can lead the future. We will continue to focus on the field of safe energy storage, with a spirit of excellence, actively adapt and seek change, continuously increase the research and development of safe energy storage technology and products, and consolidate our leading position in safe energy storage technology.

In the new year, we will continue to promote "win-win" through "consensus". Consensus is the driving force for progress and the bond of unity. We need to continue to deepen communication and cooperation with our partners, explore the path of innovation together, and achieve mutual benefit and win-win results. We will create a more competitive consortium with higher standards, better services, and deeper integration, injecting new vitality into achieving common development. At the same time, if the upper and lower parts are united, it will break the gold. The whole group should think and work together to contribute to the high-quality development of the group.

In the new year, we will continue to seek "development" through "change". Guided by the market and centered on users, based on the excellent technological brand advantage, we have implemented significant upgrades to our brand image and comprehensively promoted new brand marketing strategies to transform our "technological advantage" into a "market advantage". We have endowed the "OPzV Acid Free Solid State OPzV Battery Solution" with the core competitiveness of "intelligence, safety, recyclability, and environmental protection", and continue to consolidate and enhance our market competitive advantage.

Although the road is far, the journey is approaching; Although things are difficult, they must be done. In this era full of changes and opportunities, let us join hands and climb new heights, uphold the concept of innovation, cooperation, and win-win, and make unremitting efforts to achieve national energy security, promote green development, and contribute to the construction of a community with a shared future for mankind!

All employees of Ritar Group wish everyone a happy New Year!