As the passage of time ushers in another year, we once again celebrate Wanhua’s annual Day of Gratitude. On this momentous occasion, I extend my warmest regards to all Wanhua colleagues around the globe. I also express my deepest appreciation to the families of our employees and our friends from all walks of life. Your unwavering trust, care, and support are the cornerstones of our continued success—thank you.
Resilience Amidst Global Challenges
The year 2024 brought formidable challenges to the global economy, marked by increasing complexity, severity, and uncertainty. Despite these difficulties, Wanhua’s united team has steadfastly striven for international leadership, crafting an inspiring narrative of resilience and triumph. Together, we have overcome obstacles and turned challenges into opportunities.
Celebrating Wanhua’s Achievements
Honoring Our Frontline Fighters
To our colleagues who tirelessly work on the front lines, your dedication and hard work have driven the rapid development of our industrial parks. In Penglai Industrial Park, the Phase I project has been successfully completed, with facilities now operational. At Yantai Industrial Park, multiple new products have been launched, adding vibrancy to our offerings. The hexamethylenediamine facility in Ningbo Industrial Park has begun operations, while the MDI facility in Fujian has undergone technological upgrades and capacity expansions. These milestones mark a continuous enhancement of our entire industry chain. Our autonomous environmental protection facilities, empowered by digital intelligence, have advanced our manufacturing processes toward premium quality, intelligence, and sustainability.
Saluting Our Innovators
To our innovators, your unwavering passion for creativity and exploration has borne remarkable fruits. Polyurethane manufacturing technology has reached unprecedented heights, while breakthroughs in battery material technologies continue to redefine industry standards. We are proud of the progressive establishment of the limonene aldehyde industrial chain and the debut of our nutritional chemicals and flavor and fragrance businesses. The integration of AI into R&D has opened new frontiers, unlocking limitless possibilities for future projects. Your ingenuity is driving Wanhua’s evolution as a leader in innovation.
Recognizing Our Pioneers
To our pioneers, who boldly explore uncharted territories, your commitment to being “customer-oriented” has elevated our service capabilities. By delivering exceptional products and impeccable services, you have created substantial value for our customers. Our core businesses in polyurethanes, petrochemicals, and fine chemicals have grown steadily, achieving new revenue records. Meanwhile, our new business ventures have made historic breakthroughs, driving growth from Asia to Europe, the Americas, Africa, and Australia. Your tireless efforts have strengthened our global footprint and enhanced our ability to provide localized services worldwide.
The Spirit of Gratitude and Unity
Every achievement, milestone, and satisfied customer reflects the dedication, passion, and intelligence of all Wanhua employees. The company takes immense pride in your relentless pursuit of excellence. My heartfelt gratitude goes out to every one of you who strives and creates with unwavering dedication.
Today, as we mark the 20th Wanhua Gratitude Day, we celebrate a culture of thankfulness passed down through generations. With grateful hearts, we have navigated challenges and built a legacy of success. In these complex times, we must adhere to our guiding principle: “Implementing an Excellent Business Strategy for High-Quality Development.” By transforming our business mindset, driving change in enterprise management, and standing together, we will continue to face challenges head-on and work toward a future filled with glory.
Looking Ahead to a Promising Future
As we reflect on the path we’ve traveled, we see a journey filled with challenges. Yet before us stretches a landscape of tremendous promise. We stand at a pivotal stage of development, consolidating our first growth curve, pioneering the second, and accelerating the third. The road ahead may be fraught with thorns and obstacles, but with firm ideals, a strong sense of responsibility, and unwavering courage, we will overcome every valley and stride toward a magnificent future.
A Final Salute
To every member of the Wanhua family who has contributed to our success: I offer my heartfelt salute. Together, let us continue to build a brighter future for Wanhua and for the industries we serve. Thank you for your dedication, resilience, and belief in our shared vision.
