Chairmans New Years Message

Dear all staff:

At the beginning of the new year, looking back on the way we came, in the face of the sudden new crown epidemic, we are still striding forward and moving forward bravely. Looking back on the hardships and hardships of the past year, full of the harvest and achievements of the year, on behalf of Tangsaw Holding Co., Ltd. and myself, I would like to express my congratulations to all employees and their families of Tangsaw Holding's headquarters, wholly-owned subsidiaries, holding subsidiaries and overseas companies. With New Year's wishes and sincere greetings!

In the face of the epidemic of the century, every footprint we have walked in the past year is a testament to the difficult years that mankind has experienced together. During the epidemic, we all worked together, devoted ourselves to the fight against the epidemic, and moved forward with a heavy burden, leaving our small family behind to take care of everyone, and to put personal safety aside. At the most difficult time of the epidemic, we maintained continuous production, and Tang Saw people are the most beautiful retrogrades on the front line. This is the accumulation of our culture in the past 60 years, and it is a unique sense of responsibility for Tang Saw people.

"The green pines do not fall in the cold, and the blue sea is wider than the clear." This year, we built a new factory area where Tangsaw has been established for nearly 60 years, which will become a new starting point for our business.

"Though it's hard work, it's only after blowing all the mad sand that gold can be reached". This year, in the face of the downturn in the international and domestic markets, we still achieved the expected growth in sales revenue.

Here, I would like to express my heartfelt thanks to all our employees. It is you who have inherited and sublimated the Tangsaw spirit of "don't be afraid of difficulties and move forward bravely"!

Say goodbye to 2020, a new year is coming to us. Looking forward to 2021, our goals are even higher, and our responsibilities and missions are even more arduous.

In 2021, we will make every effort to promote the construction of the second phase of the project, and strive to complete all the relocation of the Tangshan subsidiary in the second half of the year, so as to realize the comprehensive rejuvenation project. Build the new factory into a modern factory that meets international standards.

In 2021, we will continue to increase equipment investment, improve equipment automation, increase labor productivity and production capacity, and escort sales.

In 2021, we will continue to strengthen the construction of corporate culture, increase employee income and benefits, improve the office and living environment, and enhance employee happiness and happiness.

In 2021, although we have a long way to go, we will move forward without hesitation. I am willing to go hand in hand with you all, to chop the waves and move forward firmly on the way to realize the grand journey of Tang Saw for a hundred years!

Finally, I wish everyone a happy new year, happiness and health!

Yang Dongqing

January 1, 2021