Nowadays, the world is undergoing unprecedented changes in historyand time, especially in the global energy map. Green and low-carbon energydevelopment has become the main theme. It is essential to adapt to thesechanges and make necessary adjustments. Over the past five years, renewableenergy has accounted for approximately 60% of the world's new power generation.China's new energy sector, which includes wind and photovoltaic powergeneration, has made significant progress, with the scale of installed capacitysteadily ranking first in the world, the share of power generation steadilyincreasing and the cost rapidly decreasing, and has entered a new stage offlat-price and unsubsidised development. Accompanied by the fourth industrialrevolution, Mingyang is combining clean energy and industrial intelligence inthe wave of smart energy. The company remains committed to its original missionof innovating clean energy for all and is dedicated to every major event andeffort towards sustainable development. Mingyang aims to become a leader in thedevelopment of green energy, promoting scientific and technological innovationand dual-carbon power generation. Our goal is to contribute to the developmentof green energy through scientific and technological innovation, whilepromoting a "dual-carbon" economy. Our ultimate aim is to movetowards a better and more sustainable future.

Focus on technology first and drive innovation. Innovation should bethe primary driving force. In today's world, a new round of scientific andtechnological revolution and industrial change is flourishing. Technologiessuch as new energy, energy storage, hydrogen energy, and others are iteratingat an unprecedented speed. We believe that the essence of fossil energy lies inextraction, relying on resource endowment, while the essence of new energy ismanufacturing, and technological innovation is the foundation and drivingforce. In the field of technology, Mingyang has launched the epoch-making"double-rotor" floating offshore wind platform, released themegawatt-customised product line for the "Shagoe Wasteland" base, andachieved the world's largest single water electrolysis hydrogen productionfacility and the world's longest blade success. Additionally, Mingyang hassuccessfully launched the world's largest single-unit hydrogen productionequipment for water electrolysis and the world's longest blade. Recognising thediversified needs of carbon neutral application scenarios in the future, Mingyanghas developed green energy to support deep carbon neutrality.

Mingyang is committed to being a manufacturer and draws strengthfrom the sea. The company promotes the clustering and application scenarios ofthe marine energy industry, leading the implementation of offshore wind power,floating, flexible DC, ocean ranch, and material and process innovationdemonstration. Mingyang is pioneering the new mode of large-scale and clusteredconstruction in the deep and distant sea, and building a globally competitivethree-dimensional fusion industrial cluster of the floating industry and marineenergy. To generate demand for traction, apply intelligent energy scenarios toindustrial clusters and create value throughout the entire chain and lifecycle. This will help to build new momentum for surpassing development.

Adherence to green development and benefit to the world. Mingyanghas incorporated environmentally friendly genes and concepts into every aspectof product design, manufacturing, sales, operation, and maintenance. Based onbig data and blockchain, Ming Yang has innovated energy service and managementmodes, achieved green energy interconnection and efficient use, and created theconcept of green value for customers, owners, and the whole society. Whilepromoting the transformation to low-carbon energy, we are also innovatingmodels to make new energy more affordable and benefit people with lower prices.Ming Yang has taken on social responsibility by donating to hope projects,responding to disasters and pandemics, and helping to revitalise thecountryside, contributing to more clear water and brighter skies.

——————Founder and Chairman of Mingyang Group Zhang Chuanwei