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2022 was a year of taking on missions and advancing with courage and determination. In this year, AFC Technology has led the development of its business with party building, innovating to strengthen its foundation. Each step of progress is a testament to our hard work, and each affirmation is the motivation for us to move forward. Let's review 2022 together and feel the power of hard work!

I. Learning and Implementing the Spirit of the 20th CPC National Congress, Opening up a New Situation of High-Quality Development

This year was the year of the 20th CPC National Congress. In learning and understanding the spirit of the 20th CPC National Congress, the party members and leaders of AFC Technology, and all employees insisted on full and accurate comprehension, in-depth understanding of connotations, and accurate grasp of extensions. By linking the latest theoretical achievements with the rail transit industry, efforts were made to strengthen weaknesses, solidify foundations, and enhance strengths, so as to achieve a thorough understanding and application of learning, and unity of knowledge, belief, and action.

II. Continuously Breaking Through New Cities, Opening Up New Scenarios for Innovative Technology Applications

In 2022, AFC Technology's industry recognition continued to rise. The wing gate products were used for the first time in Shanghai, Tianjin, Qingdao, and Chengdu rail transit systems, achieving double growth in the number of successful bids and domestic market share, and accelerating progress. The vision transit detection technology, which was fully used in Shenzhen Line 20 in 2021, continued to be applied in Shenzhen Line 6 branch and Line 14 in 2022.

III. Collecting Shining Moments, Creating a New Business Card for Intelligent Manufacturing

As the construction of urban rail transit entered a period of rapid development, AFC Technology continued to work hard in the industry and achieved a series of achievements. This year, AFC Technology was highly recognized by Industry and Information Technology Department of Jiangsu, Suzhou Technology Bureau, and other departments, and won seven honors, including Jiangsu Province Specialized, Fine, Unique, and New SMEs, Suzhou City Software and Information Service Industry "Leading Goose" Cultivation Enterprise, Suzhou City High-Tech Zone "Specialized, Fine, Unique, and New" SMEs, Suzhou City Key Software Enterprise Library Entry, Suzhou City High-Tech Zone Innovative SMEs, Suzhou City New Generation Artificial Intelligence Innovation Application Scene Demonstration Enterprise, Suzhou City Artificial Intelligence Application Scene Demonstration Project.

IV. Focusing on Enhancing Talent Attraction, Cultivating New Advantages of High-quality Talent

AFC Technology values talent attraction and cultivation. Around the company's development needs, it fully utilizes the resource benefits of talents from all aspects and strengthens the talent team. The proportion of high-level talents has been increasing for three consecutive years, with a growth of about 6% in 2022; at the same time, it focuses on industry-academia cooperation and continuously carries out joint technical research with Beijing Jiaotong University. It does a solid job in the company's talent training work, fully promotes the craftsman spirit and model worker spirit, ensures the progress of product installation under the impact of the epidemic, and the company's employees have also been praised and affirmed by partners in the Shanghai and Shenzhen projects.

The old year has unfolded a thousand layers of brocade, and the new year will advance a hundred feet pole! Let's step into 2023 together and stride on the road of chasing dreams!