From August 7 to August 30, 2023, it was the hot summer time in South of China, and it's also the season of continuous rainstorm.

In just 24 days, the Pingshan factory's accumulation of over ten years has evolved into 188 vehicles of materials, including equipment, cables, tools, and spare parts.

These 188 vehicles of supplies marched southwest and eventually reorganized at the Bishan factory, unleashing new production vitality.

This transfer has achieved the relocation of the Electrical Division from Pingshan, Shenzhen to Bishan, Chongqing, marking a new chapter for the Electrical Division from Pingshan, Shenzhen to Bishan, Chongqing. The group's Pingshan base has come to an end, and the future core power source of the group has been reignited in the mountain city.

The Pingshan factory, the cradle of building dreams from scratch, not only bears the imprint of our youth and hard work, but also lays a solid foundation for the steady progress of Hifuture Technology. As the company's business continues to develop and the new energy product line continues to improve, the old factory also urgently needs to be upgraded and transformed. The group will take this as a new starting point and embark on a glorious journey from one to ten, to hundreds, and even billions.

The scorching heat did not hinder the progress of work, but instead stimulated endless enthusiasm and vitality in the team.

The continuous heavy rain did not affect our freight transportation, and the power outage did not affect the team's fighting spirit. Instead, it allowed everyone to fight side by side in a special environment, forming a strong fortress.

All members quickly integrated and formed a powerful new combat force. Each item was meticulously numbered, recorded, photographed, packaged rigorously, and transported efficiently, embarking on a journey in an orderly manner.

There are no negative emotions due to parting, only scenes of working hand in hand to complete the final production task, ensuring that every machine, every cable, and every production line arrives in Chongqing intact and can be quickly put back into use on the new production line.

The entire relocation team constantly tried their best to solve the endless problems during the relocation process, and everyone showed their skills. Finally, under the multiple requirements of time, cost, and efficiency, they completed the arduous and heavy factory relocation work on schedule.

After arriving in Bishan, the construction of the new factory went hand in hand with the installation of equipment, and production resumed in less than two months. Some equipment and production lines also took this opportunity to achieve upgrades and leaps.

In October 2023, we quickly entered stable and orderly production, striving to lay a solid foundation for the company's next development in Bishan.

In the blink of an eye, by October 2024, It has been in Bishan for nearly 400 days. A better present, with the same faith and unchanged original intention.

In 2025, wait for the future, embrace the future. We will always adhere to the values of "quality, responsibility, innovation, and win-win", actively seek advantages in industry and regional competition, provide more efficient and high-quality services for the local and entire industry with more outstanding new quality productivity, and create a brilliant future together.

My story with Hifuture Technology begins in the summer of July 2023. As someone who was responsible for consolidating financial statements, state-owned assets, and finance at Lvfa Group, I thought I would continue to work steadily and systematically. However, a plan to establish a relocation team for a listed company (Hifuture Technology) in the district quietly changed my life trajectory.

On July 31, 2023, the District State owned Assets Supervision and Administration Center officially issued a notice on the dispatch of the Hifuture Technology Pingshan Factory relocation coordination working group. I was honored to form a "relocation team" with colleagues from the State owned Assets Supervision and Administration Center and leaders from Green Development Group. On that day, the "relocation team" working group was established. The most impressive thing for me was the sentence posted by Chairman Ai Yuanpeng in the working group that evening: "Everyone has worked hard, the responsibility is great, and the mission is glorious." When I saw this news, I truly realized the numerous difficulties and their great significance that this trip will face.

On August 1, 2023, I and relevant leaders officially went to Pingshan, Shenzhen to assist in handling the relocation of the factory. The preliminary work was full of difficulties, and we encountered a series of thorny issues such as personnel placement, transitional factories, funding gaps, and asset relocation, with slow progress. Until August 7, 2023, the first relocation vehicle will be officially loaded and sent from Pingshan, Shenzhen to Bishan, Chongqing! Through the unremitting efforts and full cooperation of the "Relocation Special Team" coordination group and the Hifuture Technology management team, under precise planning and arrangement, a total of 188 heavy-duty truck materials and equipment were dismantled, sealed, and shipped over a period of 24 days. On August 30, 2024, the goal of clearing the Pingshan factory building was achieved as scheduled! And I was stationed in Pingshan, Shenzhen for a whole month, and finally returned to Chongqing on the evening of August 31, 2023.

However, the story did not end there. Three months later, my leader and I went to Shenzhen again, embarking on a new journey of relocating our registered address. During this period, we shuttled between the Pingshan District Government, the Renovation Bureau, the Industry and Information Technology Bureau, the Real Estate Registration Office, the Market Supervision and Administration Bureau, and other departments to solve various difficulties in the relocation process. The three most memorable moments were: (1) On November 29, 2023, at around 11 pm, I passionately discussed with leaders in the hotel about various plans for relocating the registered address that would be communicated with the Pingshan District Government the next morning. At the same time, I also prepared various predictions and countermeasures for possible extreme situations; (2) On December 11, 2023, I personally filled out the application for the cancellation of the real estate rights of Hifuture Pingshan Factory, and completed the cancellation of the real estate rights at the Pingshan Registration Office of Shenzhen Real Estate Registration Center. The relocation of the registered address has entered the final stage; (3) On December 14, 2023, with an excited heart and trembling hands, I finally obtained the notice of Hifuture Technology's registration relocation from the Shenzhen Market Supervision Administration. After 17 days of overcoming numerous obstacles, we have finally successfully completed the task of relocating our registered address! As someone who returned to Chongqing, I thought there shouldn't be anything else for me afterwards, but a month later, things took a turn for the better.

In February 2024, according to the decision of the Lvfa Group Party Committee meeting, I was dispatched to Hifuture Technology to be responsible for financial management work. From then on, I have been closely connected with the company and faced challenges together. When I first arrived at the company, I faced the dilemma of tight book funds and difficulty in paying employee salaries. The most shocking moment for me was when the fund manager Wang Xuan said to me, 'Mr. Peng, is this month's salary still being paid normally?' To be honest, I have never seen a company with tight funds like ours before. Since then, I have been anxious about everyone's salary every month. During the period of struggle in the company, I reshaped the organizational structure of the department, revised the group's financial system, and integrated it into a whole, taking the lead in establishing a new pattern of group office for the company's finance department. And successfully coordinated the completion of key tasks such as the 2023 annual report, handover of financial teams in Beijing/Shenzhen/Chengdu, on-site inspection by Chongqing Securities Regulatory Bureau, inquiry letter for Shenzhen Stock Exchange annual report, 2024 budget preparation, 2024 semi annual report, etc., and also withstood the pressure of repaying huge loans.

In the future, I will continue to shoulder the mission of being sincere, dedicated to my job, steadfast in my beliefs, and courageous in taking on responsibilities! Comprehensively coordinate the financial accounting management, budget management, tax management, and fund management related work of the group, with a high sense of responsibility, discipline, and professionalism, leading the department to spare no effort in improving financial and tax professional skills, strengthening the deep integration of business and finance, and working together with company leaders and colleagues to support the high-quality development of the company! I believe that as long as we hold onto our dreams and maintain our passion, the stories of the future will be even more exciting.

The tax affiliation of Hifuture Technology Company will be relocated from Shenzhen to Bishan District, Chongqing in 2024, and the export filing will also be updated to Bishan Tax Bureau simultaneously. The Chongqing Tax Bureau attaches great importance to the authenticity of tax exemptions, deductions, and refunds. Below, we would like to share the experience of Hifuture people working together to prepare for the tax bureau's verification of the authenticity of the information and to do "one thing" well.

After completing the second export tax exemption and refund application, the finance department suddenly issued a warning that there were 3 export goods that had not been applied for in the early stage. The goods and labor department of the tax bureau immediately notified our company to provide supplementary information, including raw material purchase contracts, corresponding invoices, warehouse receipts, material requisition forms, and complete business and financial system records from production to sales, as well as a complete set of information for the export process. After receiving the notification, we immediately sought help from factory Liu. Liu quickly arranged for Wang Qiaojin to connect and provide system information. Wang Qiaojin worked tirelessly and overtime to organize the relevant information in the business system from ordering, arranging production, production material requisition, and warehousing. At the same time, cost accountant Fan Jiuhong and revenue accountant Tan Yanqiu from the finance department provided accounting processing documents and vouchers for the financial system. In addition, Lin Xiaodong from the International Business Department provided relevant information on the export process.

After providing the above information to the tax bureau, the Goods and Labor Department of the tax bureau stated that they still need to conduct on-site inspections at the factory to confirm whether our company has the production capacity to verify the products. After scheduling the on-site inspection time, the Human Resources and Administration Department also arranged the meeting room, tea, and company brochure. Wang Qiaojin from the Electrical Division assisted in providing verification of the physical products. The tax bureau has recognized our company's various chains, including raw material procurement, production, and sales. We have confirmed that the 'new product' meets the conditions for export tax exemption and refund, and as a result, our company has obtained a tax exemption and refund of over 110,000 yuan.

Through the experience of providing export tax refund materials and on-site verification by the tax bureau, I deeply felt the unity, cooperation, and selfless dedication among colleagues in various departments of the company. Everyone, regardless of personal gains and losses, worked together to overcome difficulties for the sake of the company's business, demonstrating a high sense of responsibility and mission. It's so happy and fulfilling to work with such a group of excellent and responsible colleagues!

As a witness to the relocation of Shenzhen Hifuture to Bishan project, I was fully involved in this major change as an HR and deeply felt the profound influence of the core value of "win-win" in Hifuture Technology's corporate culture. This relocation is not simply a geographical spatial transformation, but a deep practice and magnificent transformation of corporate culture. It is a win-win chapter for the controlling shareholder and the company to work together and create brilliance.

From Shenzhen to Bishan, Hifuture Technology is facing a new market environment, a Xintiandi full of opportunities and challenges. During this process, the controlling shareholder and the company have always worked closely together to cope with market turbulence and share development opportunities. The successful completion of the controlling shareholder's plan to increase their holdings in the company not only injects stronger capital into the company, but also demonstrates the firm belief and deep expectations of the controlling shareholder for the future of the company to the market. This spirit of mutual trust and solidarity is a vivid manifestation of the "win-win" culture in reality.

At the time of relocation, Hifuture Technology established a deep cooperative relationship with the government and state-owned assets departments of Bishan District, achieving precise allocation and efficient utilization of resources. The government of Bishan District has activated state-owned assets to create excellent office and production conditions for Hifuture Technology, while also injecting strong impetus into the vigorous development of the local economy. This collaborative model of government enterprise cooperation and mutual benefit not only accelerates the rapid growth of enterprises, but also contributes positively to the prosperity of the local economy.

With the successful completion of the relocation work, Hifuture Technology officially changed its name to "Chongqing Hifuture" and successfully entered the Chongqing capital market. This historic moment brings us great honor and excitement. It not only marks Hifuture Technology's steady progress and foundation in the new environment, but also symbolizes that we have taken solid steps on the road of "win-win" and written a new brilliant chapter.

As an HR, I deeply understand that employees are the most precious asset of a company. During the relocation process, we always pay attention to the needs and feelings of our employees, providing them with comprehensive care and support. At the same time, by organizing a variety of cultural activities and professional training, we continuously enhance employees' sense of belonging and cohesion, making the "win-win" culture deeply rooted in people's hearts. The spirit of putting people first and caring for employees is an indispensable and important component of the "win-win" culture.

Looking ahead to the future, Hifuture Technology will continue to adhere to the core values of "win-win" and constantly explore and innovate in the new environment. We firmly believe that with the strong support of the controlling shareholder, the deep care of the Bishan District government, and the joint efforts of all employees, Hifuture Technology will be able to achieve more brilliant achievements in new fields and contribute greater strength to the prosperity of the local economy.

This relocation experience has made me deeply realize that the "win-win" culture is not only a pursuit in philosophy, but also a guide for action in practice. It requires us to unite and collaborate closely when facing challenges, and to maintain a fair and open attitude when sharing opportunities. Only in this way can we stand out in the fierce market competition and achieve sustainable development of the enterprise. The cooperation between Hifuture Technology and the Bishan District government is a vivid interpretation of the "win-win" culture in practice, and it is also a powerful engine and inexhaustible driving force for our future continuous progress.