On April 29, 2025, the Zhengqiang Group first quarter business analysis and business responsibility agreement signing meeting was held at the group headquarters in Zhongshan.

Chairman Wang Fengling, Executive President Xu Jianbao, general managers of the seven business divisions, and heads of core functional departments gathered to reflect on early 2025 results, align on targets, and set the direction for the remainder of the year.

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Opening Review: Q1 Performance and Key Challenges

The meeting began with a comprehensive review of the group’s business operations in Q1 2025, highlighting both achievements and deficiencies. Despite a challenging external environment, the group successfully met its overall business targets.

Among the standout performers were:

• Zhongshan Zhengqiang Hardware Division

• Huizhou Zhengqiang

• Chengdu Zhengqiang

President Xu Jianbao summarized the progress of each business unit and emphasized the importance of targeted actions for Q2, calling it a critical period for achieving annual objectives.

Functional Department Initiatives

President Xu also laid out upcoming strategies for functional departments:

• President’s Office: Strengthening supply chain integration

• Human Resources: Upgrading HR systems and capabilities

• Finance Center: Enhancing financial control and professional support

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Chairman Wang’s Message: “Move Forward Against the Trend and Act Accordingly”

Group Chairperson Wang Fengling acknowledged the Q1 achievements while addressing areas needing improvement. She emphasized the strategic importance of Q1 as a foundation for the full year, encouraging all units to:

• Benchmark against annual goals

• Identify performance gaps

• Clarify future plans

Strategic Work Requirements:

• Face issues directly and strive for goals

• Break bottlenecks with swift adaptation

• Promote innovation and transformation

• Leverage policy support to expand profit channels

• Strengthen R&D to enhance core competencies

• Ensure closed-loop feedback and execution

• Distinguish facts from assumptions to optimize talent management

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Commendation Moment: Honoring Excellence and Setting Benchmarks

Units recognized for outstanding Q1 performance included:

• Zhongshan Zhengqiang Hardware Division

• Huizhou Zhengqiang Division

Both teams received group-level awards for their exceptional performance and contribution to the company’s goals.

🏆 This recognition not only reflects past achievements but also sets the bar for other divisions moving forward.

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Closing Note: A New Journey Begins

As the group sets sail for the rest of 2025, all Zhengqiang team members are encouraged to:

“Row hard, set sail, forge ahead, and write a new chapter with determination.”

With high spirits and focused goals, the group commits to high-quality development and shared success in the coming quarters.

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