Today afternoon, at Daixi mountain villa, the red lanterns had been hung up everywhere while coloured flags were whirled around by wind so as to celebrate the grand opening of 2016 Innovation annual commendation meeting, and the theme of this meeting was named as make arduous efforts to contribute and to be success at Innovation. More than 400 employees had participated to the meeting, including Chairman of the Board-Cui Lixin, Vice President-Cui Dong, Deputy General Manager-Wang Wei, Branch Principles, workshop teams, model worker representatives, Qingdao Liwang and shandong Liufeng. Seven subsidiary representatives had reported their personal debriefings on the meeting, respectively Sun Shuguang from Innovation Metal, Jiang Xiaobin from Innovation New Material, Fan Guobin from Innovation Sheet, Liudong from Chuanghui New Material, Zhang Jianxiang from Yuanwang Electricion, Li Fugang from Chuangyuan Metal, Cui Guochang from Innovation Precision Technology. Thereafter, the Deputy General Manager-Wang Wei had announced the “Recognition decision on the advanced personnel and advanced group of 2016 Shandong Innovation Metal Technology and its wholly owned subsidiaries”.

Furthermore, the Chairman Cui Lixin has made an important speech at the meeting. In his speech, some vital economic indicators were noted, that the Innovation group has generated 60billion RMB sales revenues in the year of 2016. Compared with the performance of last year, the year-on-year figures of which has increased 20%, hitting a new record high. The comprehensive productivity exceeded 5million tons with year-on-year growth of 25 percent, which has kept Innovation the first position in industry. Finally, he concluded that we could not afford to slow down or to let up against the achievements we made, on the contrary, it is necessary to motivate every employees to keep in mind the overall situation, keep loyalty and dedicate more enthusiasm to impel a great-leap-forward development for the company.