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On February 8, 2024, the 2023 Summary and Commendation Conference of Oriental Group was grandly held in the banquet hall on the third floor of the Golden Coast Hotel. Chairman Liu Guomin delivered an important speech and recommended General Manager Hui to present a work summary for 2023 and a work deployment report for 2024.

At the meeting, the chairman affirmed the achievements of various departments in the past year. The chairman said that the past year has been an extremely extraordinary one, with escalating international geopolitical conflicts, constant sluggish trade, and global supply chain adjustments. Various industries are faced with unprecedented challenges; The negative population growth trend in the domestic sector is evident, deflation continues to spread, and consumer expectations continue to be insufficient. Especially the chain reaction brought about by the downturn in the real estate market, which brings great challenges to the social economy, with industry closures, layoffs, and wage cuts occurring one after another. Under the background like this, the group company has experienced another unexpected shock. Despite the ups and downs of the year, with the efforts of all cadres and employees, we have also played the triumphant song of Oriental people's victories, especially the sustained leading sales the fifth phase of Oriental Emperor City, the excessive completion of construction performance, the high yield and bountiful harvest of Hickory Orchard, and the successful construction of over 50000 tons of sea vessels, all of which have demonstrated the Oriental people's consistent sense of responsibility and unwavering heroic spirit. At the same time, the chairman emphasized that this year the group has also come to its golden age. Standing at thirty is the age to carry on the past and move towards maturity. The sign of maturity is the ability to objectively examine oneself, face up to shortcomings, and correct problems. Over the past thirty years, we have embarked on a development path of striving for excellence and daring to make breakthroughs. We have also deeply practiced the corporate mission of industry making returns to society and assisting regional development. However, there are also weak links that cannot be ignored - the implementation of the group's refined concept has not been taken effect. The chairman said that we have repeatedly requested refined management in history, but the implementation has not been ideal. In a era with more and more contribution of efforts, the requirements of the market must be more and more standardized, more and more professional, more and more meticulous, compared with those head enterprises, we must seriously think about where our competitive advantage, where is the living space, where is the development path; do less superficial efforts, do more concrete things, only to implement the refinement, can we gain a foothold in the market.

The chairman stated that in the new year, we will continue to deepen our business portfolio, further consolidate our leading industries, highlight the absolute advantages of top businesses, and build a development pattern of "dual core leadership and cultural drive". With real estate and construction as the core, we will lead the group industry to develop vertically and deeply; Through the drive of enterprise’s culture, enter a path with high-quality development. This year marks the 30th anniversary of the group. With the dragon, the auspiciousness and the great ceremony, let us respond to new situations with a new face, solve new difficulties with new mindset, and promote new development with new momentum. The development of the group in the next thirty years requires us to prepare a mindset for secondary entrepreneurship and strive tirelessly without forgetting our original intention. When faced with a new journey, we march with the song of victory, and reach as far as the mountains and seas; Take advantage of the situation, not limited by the sun and moon. Let us be determined with our confidence, forge ahead, and strive to promote the high-quality and sustainable development of the group!

General Manager Jian Hui objectively and comprehensively summarized the completion status of various tasks of the group company for the year 2023 in the report. He said that the past year was the beginning year of fully implementing the spirit of the 20th National Congress of the Communist Party of China, and the year of restoring economic development after three years of epidemic prevention and control. The international and domestic situation is complex, and the development of the group has also encountered unprecedented huge challenges. Despite numerous difficulties that caught us off guard, under the strong leadership of the chairman and the head of the group, all Oriental cadres and employees worked together, calmly adapting to the changing situation, and bravely overcoming difficulties. They successfully completed the goals and tasks set by the group at the beginning of the year and handed over a heavy and uplifting development report. But only by anticipating danger can one live in peace, and only by knowing worries can one overcome difficulties. While seeing the results, it is also important to be aware that there are still some problems and shortcomings in the development of the group. Mainly manifested in: Firstly, some subsidiaries have not performed well and have not completed the target tasks set at the beginning of the year; 2. The development of various sectors of the group is unbalanced, and there is significant pressure to adjust the industrial structure. The task of innovation and integration development is still arduous; 3. Individual branch companies still need to improve their archive management work. 4. The efforts to integrate and reorganize management institutions, improve the continuity and optimization of talent teams are not enough. We need to take per capita energy efficiency as the scale, achieve full load and efficient operation of the organization, reasonably reduce the burden on the group, and achieve quality and efficiency improvement; 5. The sales of parking spaces in Oriental County and the fifth phase project of Oriental Emperor City need to be strengthened. We must adhere to a problem-oriented approach, take effective measures, and make every effort to solve it.

The general manager reported on the goals and tasks of each unit of the group company for 2024 at the meeting. He said that the work goals for this year have been confirmed, and we need to highlight the emphasis and grasp the key points. With solid measures and a down-to-earth style, we will promote the group to steadily move forward in the new journey of development. The road is like a whetstone and the struggle is like a song. This year marks the 30th anniversary celebration of the group, and the sense of responsibility and beautiful sentiments of the Oriental people inspire us to unite and strive for progress; The glorious years and profound heritage forged over thirty years urge us to press forward and bravely stand at the forefront; The profound corporate culture carried over the past thirty years has guided us to be confident, self-reliant, and forge ahead. Under the leadership of the chairman and the head of the group, let us work together and continue to strive to write a new chapter of high-quality development while fully promoting the group's transformation practice!

At the meeting, Wang Jibai, deputy general manager of the group, read out the group company’s decision to commend advanced units and individuals in 2023. 3 advanced units and 39 advanced individuals were commended. Vice General Managers of the group, Wang Yuanxin, Liu Lei, and 167 employee representatives attended the conference, with Party Secretary Liu Qiang presiding over the meeting.