Introduction

On the afternoon of June 10th, Jia Tinggang, member of the Party Committee and Vice President of Shanghai Electric, as well as Chairman of Highly Group, and Tang Xiaoli, Full-time Director of Shanghai Electric and Director of Highly Group, visited Highly Marilyn Holdings Limited for work research.

Lu Haifeng, Director and CEO of Highly Marilyn, as well as Chairman and General Manager of Highly New Energy, and other members of the leadership team, gave a special report on the automotive parts industry of Highly. After listening to the work reports of Highly Marilyn and Highly New Energy, Jia Tinggang fully affirmed the business performance achieved by the leadership team. He pointed out that the overall development trend of Highly Marilyn continues to be positive, with profits achieved in the first quarter. In the next stage, efforts should be made to build a sustainable and stable profit model, and adhere to the path of steady and sustainable development. By strengthening deepening regional market penetration, optimizing market expansion strategies, and accelerating technological innovation and iteration, the company will gradually transform into an important supplier serving the global automotive industry.

Jia Tinggang emphasized that it is necessary to leverage the foreign cultural heritage of Highly Marilyn, better adapt to the expansion needs of the European and American markets, and combine the efficiency advantages of Chinese capital from Highly New Energy to achieve complementary strengths and form a development synergy. Highly's automotive parts industry should leverage its own resources, further strengthen collaboration and coordination with various enterprises within the group, and continuously enhance overall competitiveness. In the second half of the year, Highly will unswervingly promote various key tasks and spare no effort to ensure the successful achievement of various business objectives.

Sun Jun, Secretary of the Party Committee and Deputy General Manager of Highly Group, Li Yilong, Deputy Secretary of the Party Committee and General Manager, as well as members of the leadership team of Highly Group and relevant leaders of Highly Automotive Components Industry, accompanied the investigation.