The year 2022 saw the 20^th CPC National Congress taking place. The report of the 20^th CPC National Congress outlined the blueprint for Chinese-style modernization, which is fore-sighted, comprehensive and inspiring. The report emphasized the need to “continue focusing on real economy to achieve growth, use national strategies as a guide, conduct leading scientific and technological research, promote the development of strategic emerging industrial clusters, and build a new engine of growth”. It further stated the path and direction of promoting the accelerated development of strategic emerging industries.

The year 2022 is also the first year of MOSO Power’s three-year strategic development plan. Relying on state-owned assets, guidance of Jinan Industrial Development Technology Group’s management and leadership of the company’s board of directors, MOSO Power seized growth opportunities under China’s Belt and Road Initiative, dual circulation strategy, Guangdong-Hong Kong-Macao Greater Bay Area and dual carbon goals. The company built a new development pattern focusing on its main business, while taking advantage of technological innovation as well as strengthening the integration of state-owned assets, resources and capital with the innovation, flexibility and efficiency of private companies. It has made breakthroughs amid complex situations such as the COVID-19 outbreak, volatile global landscape, interest rate hike by the Federal Reserve, and economic downturn. The company has also made considerable progress in various tasks and created conducive conditions for the company’s future growth, laying a solid foundation for achieving its strategic goals in the next three years.

The year 2023 is the first year of implementing the ethos of the 20^th CPC National Congress, an important year for the implementation of China’s 14th Five-Year Plan, and also a year for MOSO Power to move forward with courage and usher in a period of rapid growth. Guided by the high-quality development of Jinan Industrial Development Technology Group, MOSO Power will continue to implement its “Innovative Technology, Product is King” strategy while facing future challenges and opportunities. We will better understand market trends, stay focused on goals, forge ahead with confidence, seize opportunities, turn crises into opportunities, and push forward the implementation of annual key tasks.