Wan’an Holds Meeting on Business Operations and Implementation of Document No. 1 ▏A Journey of Ten Thousand Miles Calls for Even Greater Struggle, Pragmatic Effort, and Bold Progress

Release time:

2026-03-04

On March 3, the Wan’an Group held a successful meeting to communicate and implement the spirit of the “Wan’an Group 2026 Development Outline” and to ensure the high-quality execution of this year’s key business objectives, priority initiatives, and related measures. Members of the Group’s Board of Directors, as well as the management teams of subsidiaries and business units across all industrial groups, attended the meeting.

During the meeting, Zhou Shuling, Vice President of the Group, took the stage to unveil Document No. 1—the “Wanan Group 2026 Development Outline”—which focuses on the Group’s 2025 operating performance, 2026 investment and development plans, operational targets for each business segment, and the three priority areas and corresponding initiatives under the “Governance and Operations 3+3” framework.

Chen Jiang, Chairman of the Board of Directors of the Group, provided a detailed interpretation of the “Wanan Group 2026 Development Outline.” Chairman Chen stated that over the past year, geopolitical tensions worldwide have intensified, protectionist and unilateral measures have continued to emerge, and tariff barriers have been steadily raised, profoundly disrupting the international trade order and the structure of global industrial chains. As a result, supply-chain security and cost control have both faced severe challenges. Nevertheless, China’s economy boasts a solid foundation, numerous strengths, strong resilience, and vast potential; even in an intensely competitive, inwardly driven environment, there are still notable bright spots. The rapid development of industries such as new-energy vehicles, semiconductors, and robotics has become the core engine driving structural growth across these sectors. For Wanan, which is striving to make its mark on the global automotive-components stage, the complex landscape of concurrent industry transformation and challenges calls for unwavering commitment from the Group Party Committee and the Board of Directors to the guiding principle of “market-oriented operations with profitability as the fundamental priority.” By staying firmly focused on our objectives and adopting a coordinated, holistic approach, we achieved double-digit revenue growth in our core business, surpassing RMB 5 billion for the first time and setting a new all-time high—delivering a substantial performance report on the occasion of the company’s 40th anniversary.

Focusing on investment and development, Chairman Chen Jiang believes that 2026 marks the inaugural year of the nation’s 15th Five-Year Plan and represents a pivotal juncture for Wan’an to lay a solid foundation and build momentum for a leap forward. We must remain laser-focused on our core business of automotive components, adhering to a science-and-tech-driven, long-term development philosophy. By leveraging “industrial-chain self-reliance and controllability, breakthroughs in core technologies, and intelligent, green transformation” as key levers, we will continuously enhance our competitiveness in the new-energy and intelligent-vehicle sectors. At the same time, by centering on cost-efficiency, quality improvement, and operational effectiveness, we will adopt a multi-pronged approach—strengthening and complementing supply chains, driving technological innovation, harnessing capital empowerment, and pursuing global expansion—to achieve synergistic alignment between industry and capital and systematically address supply-chain bottlenecks. Furthermore, leveraging our global footprint, we will proactively navigate trade barriers and seize first-mover advantages in industry consolidation.

With the achievement of key business objectives across all industries as the central focus, Chairman Chen Jiang emphasized the need to remain steadfast in our mission: “to create products for society and build industries for the nation.” He underscored the importance of leveraging the current critical phase of deep iterative advancement in the automotive industry’s “four new transformations,” seizing the ongoing market opportunity presented by the steadily rising penetration of new-energy vehicles, and concentrating on high-value-added areas such as intelligent chassis and electric-drive systems to strengthen supply-chain resilience and drive breakthroughs in domestic substitution. Guided by the principle of “enhancing individual capabilities and organizational efficiency,” we will continue to deepen performance assessments tied to job responsibilities and accountability, thereby helping each business segment achieve another leap forward in both scale and profitability. Chairman Chen also placed particular emphasis on consistently and effectively implementing the company’s governance and operational framework—“3+3.”

With the journey stretching ten thousand miles and the winds at our backs, we set out once more to shoulder this momentous responsibility. The convening of this meeting has further consolidated consensus across the board and strengthened our confidence in development. We are confident that, under the strong leadership of the Group Party Committee and the Board of Directors, Wan’an will seize the momentum in 2026, boldly scale new heights, and achieve even greater accomplishments.