On January 6, 2020, the theme of "Fly your wings and hit the sky again" was held at the Four Points by Sheraton Heshan,Guangdong Province. More than 300 Folangsi management cadres from all over the country gathered together to summarize the 2019 and look forward to 2020 with both opportunities and challenges.

        The leaders and guests attending this annual meeting are: Folangsi Co., Ltd. Chairman Mr. Hou Zekuan,General Manager Mr. Hou Zebing,General Manager of Guangzhou Branch of Dachen Venture Capital Co., Ltd.-Mr. Shu Xiaowu,CITIC Securities Sponsor Representative and Senior Vice President-Mr. Wang Rongxin,Sponsor Representative and Senior Vice President of CITIC Securities-Mr. Chen Liren,Chief Operating Officer of Shanghai OuChain Supply Chain Management Co., Ltd.-Mr. Liu Shihong,Representatives of strategic partners-Mr. Xu Zhaoxuan,General Manager of Frando Intelligent Equipment (Shanghai) Co., Ltd.-Mr. Jiang Xiangdong,General Manager of Hefei Langyun Wulian Technology Co., Ltd.-Mr. Tao Yunhui.Executive Deputy General Manager of Folangsi Co.,Lid.-Mr. Qian Xiaoxuan,CEO assistant Mr. Dai Yunbao,Deputy General Manager Mr. Zhou Limin and Mr. Yang Qingyuan,Director and Secretary of the Board Ms. Ma Li,Directors of various functional centers, and all Folangsi Management cadres participate in meetings.

(Mr. Yang Qingyuan, Deputy General Manager of the company, was presiding over the meeting)

        Media Representative: Mr. Zhang Minsheng, Deputy General Manager of China Forklift, Mr. Zhu Zhen, Marketing Director of "Industrial Vehicles-Forklift Magazine"

Analyze the past and look to the future

        The first agenda of the meeting was the general manager of the company Mr. Hou Zebing made a summary of the 2019 management work and 2020 work prospects.Hou ’s report is divided into two parts.In the work summary, a large number of specific data and charts were used to analyze the various operating indicators and completions in 2019, and a comprehensive summary of the six achievements and five shortcomings of the company's management in the past year.Mr. Hou said: There are many challenges and difficulties encountered by Folangsi in the past 2019, but all of us work together, Keeping close to our goals and striving for progress, we delivered a qualified answer to the company's board of directors and shareholders with passion and practical action.The company's total sales revenue for this year achieved a growth of 25% compared with the previous year,and the company's total sales exceeded the 1 billion yuan mark for the first time,especially the company's main business leasing segment has achieved a high-speed growth of 42%. As of the end of 2019, the size of the leasing fleet has exceeded 25,000 units.

        President Hou made prospects and deployment of specific tasks for the company's 2020 management and work,he mainly discussed three issues,The first is the overall guiding ideology of the company ’s management in 2020,he emphasizing the five hearts,namely confidence, concentration, determination, perseverance, and vigilance;the second is that all the company ’s management cadres have issued the requirements for the main operating indicators for 2020;The third is to put forward the main ideas of the company's operation and management in 2020, namely, one "person", two "rates", three "emphasis", and four "strengthening". President Hou requires all employees to be arrogant and restless. In the face of their achievements, they must continue to work hard to improve the deficiencies in all aspects, firmly grasp the development trend of China ’s forklift leasing, and firmly implement the business development strategy formulated by the company ’s board of directors.We must also analyze the development trend and direction of the industry, grasp the dialectical relationship between the speed of development and the quality of development.Finally, President Hou ended his speech with the passionate "Folangsi must do, Folangsi must be able to!"

(The general manager Mr. Hou Zebing made a summary of the work in 2019)

Honorary recognition and encouragement

        In 2019, on the way forward, the company's gains and losses are inseparable from the silent contribution of everyone in Folangsi.In order to recognize individuals and organizations with outstanding performance in 2019 and set an example of learning, encourage them to make persistent efforts and create new articles together. The award-winning representatives also made speeches, summarizing the past and looking forward to the future.

(The general manager Mr. Hou Zebing,awarded the outstanding branch in 2019)

(Chairman Mr. Hou Zekuan awarded the 2019 Excellent Regional in 2019)

        Folangsi won the award of "core strategic partner and industry outstanding service provider", The deputy general manager of China Forklift Network Mr. Zhang Minsheng,awarded the trophy to the general manager Mr Hou Zebing and delivered a speech.This is the pride of the Folangsi,it is the industry's full recognition and affirmation to us, and also the Results of all Folangsi people,who have been persistently working in the field of forklift!

Establishment of the "asset patrol department"

        At the meeting, Folangsi opened a new chapter in asset management-the "asset patrol department" was officially established, the company's deputy general manager Mr. Zhou Limin charges it.With the increasing size of the Group's leasing fleet, the daily maintenance of forklift is a very important part of the leasing asset ecological chain. The start of the inspection and supervision mechanism helps to improve the company's asset management quality.

        Later,the representative of the business unit in 2020 signed a target responsibility system, and Ms. Hou Zeyan, director of the Human Resources Center read out the latest appointment and removal decision of the relevant cadres.

(Director of the human resources center Ms. Hou Zeyan,read out the appointment letter)

        The guest speeches continued to be wonderful, and the general manager of Guangzhou Branch of Dachen Venture Capital Co., Ltd. Mr. Shu Xiaowu,made a wonderful speech entitled "Thousands of Years of Change, Not Losing Shaohua".The Chief Operating Officer of Shanghai OuChain Supply Chain Management Co., Ltd. Mr. Liu Shihong,explained the second half of the forklift equipment leasing and proposed a new round of development in forklift leasing.He said that all enterprises should plan their capital during the helf year and catch the opportunities for development.

"Eternal Heart, Mission Must Be"

Let's move into the "digital world" of Folangsi

        The final agenda of the meeting is also the most exciting and most anticipated part of the entire annual meeting. The chairman Mr. Hou Zekuan made a summary speech.

        The chairman mentioned that the past 2019 has been a year of rapid development for the company, while,it was a year of ups and downs, with sales exceeding the 1 billion mark, rapid growth of the fleet size, further expansion of the service network, and the service work is further strengthened, the three core systems are seamlessly connected, etc.These achievements are made by the hardworking soldiers on the front line.He expressed his most heartfelt thanks to the families struggling on the front line and paid the highest respect!

        Looking forward to 2020, Folangsi's footsteps cannot be slowed down for a moment. The chairman emphasized the need to strengthen the construction of the forklift leasing ecological ring, especially the construction of the remanufacturing base, so as to lay a solid foundation for the company's sustainable development. The second is to ensure the occupancy rate, improve asset management and operation capabilities, and ensure the normal operation of cash flow and profit flow. The chairman hopes that all employees will have an eternal heart and mission in this critical period. With the strong development ability of Folangsi, it will contribute to the industry and society.

        Finally, the chairman encouraged all Folangsi people to always adhere to the mission of "improving the efficiency of asset use and saving social resources", and strive to use the new technologies to create a high-dimensional shared ecology of domestic leading B2B logistics and industrial equipment platform. Use the wisdom and power of our Folangsi people to pay tribute to this great era!

        After a full day of meetings, the Folangsi people finally ushered in their own event. At the signing of the banquet, all members put wings on Folangsi Dream, and the brilliant wings gathered the expectations and blessings of the Folangsi and fluttered their wings.

Heart Connects Newly, Dreams Folangsi

        With the end of the countdown, the 2020 New Year Gala with the theme of "Heart Connects Newly, Dreams Folangsi" officially kicked off. This night, more than 300 Folangsi families held hands, toasted and enthusiasm.

(Chairman Mr. Hou Zekuan,delivered a speech)

        Beautiful programs are staged brilliantly, and the exciting lottery throughout the whole process pushes the atmosphere to the climax again and again, joy prize, lucky prize, special prize, first prize, second prize, third prize, special prize, cash prize, turn over the audience!

        A Dapeng soared across the sea and the sky, and the wind surged.

        At this point, "Fly your wings, and hit the sky again"-Folangsi 2019 summary commendation and 2020 New Year's Eve meeting ended successfully. In 2020, all the Folangsi  people will be full of longing, move forward, spread the wings of their dreams, and then hit the sky.