New Year brings new life. On the occasion of saying goodbye to the old and welcoming the new, on behalf of the company, I would like to express my heartfelt thanks to all the managers and employees for their hard work and unremitting efforts over the past year, as well as to the families of employees, partners and people from all walks of life who support the development of the company. Best wishes for the New Year!

2021 is a year of great achievements for us. This year, our turnover has achieved the best record in history, and the export delivery value has been in the forefront of the same industry in China. The two leading products of plastic geogrid and polyester filament geotextile have initially formed their leading positions in the industry. As the leading enterprise in the industry, our industry status, popularity and social recognition have been unprecedentedly improved. And we have more voice in the formulation of product standards and industry technical activities. Internationally, our TMP US branch company's sales revenue has reached a record high, gaining a firm foothold in the United States and winning its own market space.

This year, we have achieved good results in technological innovation, capacity expansion, and new product research and development. The quality stability and cost-effectiveness of plastic geogrid products have been further improved. The work of the third phase of nonwovens has come to an end. It will be officially put into production in May next year. And TMP will reach an annual production capacity of 45,000 tons of polyester non-woven geotextiles. The polypropylene filament geotextile project is progressing smoothly, and it is expected to be trial-produced in June next year. A number of our patented products have been put into the market. It will contribute to the advancement of technology in the field of engineering. Our company has also successively won the honorary titles of "Specialized, Refined, Special and New Advanced Enterprise", "Plastic Geogrid Single Champion Product", etc., and has been listed in the " Top 50 of Taian City Industrial Leader Enterprises" successively.  

In 2021, our country has never had such a lofty international status as it does today, and the people have never felt so happy and honored as today. China will enter a new stage of historical development with the prosperity of the country and the splendor of a century. Our company and each of us should have lofty feelings of home and country. It is our responsibility and our honor to take the initiative to undertake the historical mission of promoting national development and national rejuvenation, and we are bound to do so.

There is still a long way to go. In the torrent of the development of the times, if you advance slowly, you will retreat, and if you do not advance, you will die. Although we have achieved certain achievements, we must not rest on the credit book, give up the spirit of hard work, enterprising and hard-working, only keep our mission and responsibilities in mind, continue to work hard, from following the market and enjoying the market to creating the market and promoting progress change, do our best to contribute to social development and industry progress, and make the country and the world a better place.

In the New Year, we have set higher goals, established new ideals and long-term plans, and are committed to continuously providing better development space and development opportunities for all employees. But happiness will not fall from the sky. We should be united and work together to create the glorious future.

I believe that through our efforts and the inheritance of the next generation, our tomorrow will be better, and the dream of "Century TMP" will surely come true!

Wang Xuewen

Chairman

Taian Modern Plastic Co., Ltd.

December 31, 2021