Strengthening the Foundation and Empowering to Take the Lead, Adhering to Innovation and Being at the Forefront —— Jiangsu Chemical Fertilizer Co. Ltd. Holds the 2025 Work Conference

On January 26, the fertilizer company under the jurisdiction of SOHO Holly Group convened the 2025 work conference. The meeting conveyed and studied the spirit of the 2025 work conferences of SOHO Holding Group and SOHO Holly. It also presented the fertilizer company's 2024 work report and made arrangements for the 2025 work. Jiang Haiying, the Deputy Secretary of the Party Committee and General Manager of SOHO Holly Group, attended the meeting and delivered a speech. The year 2025 is the concluding year of the "14th Five-Year Plan," the planning year for the "15th Five-Year Plan," and a crucial year for SOHO Holding Group to accelerate the construction of a world-class enterprise. Jiang Haiying highly affirmed the achievements of the fertilizer company in 2024 and put forward five requirements for the company's work in the next stage. First, to delve into existing resources and expand new ones, continuously consolidate the leading position in traditional advantageous fields, and provide the utmost service. Second, to accelerate the development of new business segments, optimize the structural layout, and fully build a new growth engine for the company. Third, to strengthen the risk prevention and control management system, closely monitor the development trends of the industry, and gain insights into the financial and operational conditions of customers to achieve early risk avoidance and precise judgment. Fourth, to fully reinforce the talent team construction. The new management team should take on more management responsibilities, and for young employees, a diversified growth platform should be built to enhance talent selection and echelon construction, empowering the long-term development of the company. Fifth, to comprehensively deepen the strict governance of the Party, adhere to the bottom-line thinking, strengthen the Party's leadership over business, and create a good political environment and a favorable atmosphere for entrepreneurship.

Lu Dehai, the chairman of the fertilizer company, put forward requirements for the 2025 work in accordance with the spirit of the work conferences of SOHO Holding Group and SOHO Holly Group. First, always remember the core functions of the company and do a good job in bulk commodity business. The fertilizer company should take the lead in bulk chemical products in Jiangsu Province, explore and promote PTA business, advance the refined oil business, and do a good job in coal business such as chemical gasification coal. Second, always adhere to exploration and innovation, continuously explore new business forms and models, and do a good job in new business. In the face of fierce market competition and overcapacity, on the one hand, we should be confident and leverage the advantages of state-owned enterprises, and on the other hand, we should actively respond, such as reducing costs, winning by volume, developing new products, and strengthening market trend analysis. At the same time, the growth of new business needs to be nurtured, with support and encouragement from company leaders, optimized services from functional departments, and earnest experience summarization by new business personnel. Third, always adhere to the Party's leadership, and ensure the steady and sustainable development of business with strict discipline. By leveraging the "Integration・Refinement・Catalysis" Party-building brand, strengthen the responsibility of Party members, ensure regular Party discipline learning for Party member cadres, and create a positive atmosphere.

Gao Liang, the general manager of the fertilizer company, summarized the work and achievements of 2024 in his speech, analyzed the current problems, difficulties, and situation, and put forward several hopes on how to submit a satisfactory answer sheet for the conclusion of the "14th Five-Year Plan" with good results and demeanor, and how to shoulder the new mission of assisting the holding group in building a world-class enterprise. First, correctly deal with the current difficulties. With a complex external environment and insufficient domestic demand, on the one hand, we should achieve effective improvement in quantity and quality of advantageous products on the basis of stability, and on the other hand, we should actively promote the development of new products under controllable risks. In addition, we need to be meticulous in every link to reduce costs. Second, persistently focus on business operations. Focus on the company's main responsibilities and core business, refine and specialize the energy chemical industry chain, seize every opportunity to capture the market, and achieve breakthroughs in the development of new business. Third, persistently do a good job in risk control. Business departments should conduct thorough due diligence before conducting business and operate within the framework of the system. Comprehensive departments should do a good job in full-process tracking supervision and internal management, and strengthen inter-departmental coordination. Fourth, strengthen political construction and continuously promote the Party's leadership. Take multiple measures to effectively strengthen the deep integration of Party building and business, use Party building to lead business innovation, and enhance the company's core competitiveness.