Amid the festive atmosphere of the new spring, on February 4, 2026, the Beginning of Spring, Kaien New Materials' annual awards ceremony themed "Tenacity Leads the Way, Paper Reaches New Heights" was grandly held at the Radisson Hotel in Suichang. Nearly 300 core backbones and outstanding employees gathered to review the past, boost morale, and plan for the future with warmth and high spirit.

Employees signed their names on the red-envelope tree inspired by the company's iconic camphor tree, picked a lucky red envelope, took cheerful photos in front of the galloping horse-themed backdrop, and received a generous New Year gift package. The grand entrance ceremony created a strong festive atmosphere, with every detail expressing "Welcome".

As the lights dimmed in the banquet hall, the opening video caught everyone's attention with a humorous yet solemn style, followed by a passionate opening dance that instantly lit up the atmosphere.

Steady Progress with Tenacity

At the meeting, Mr. Liu Chengyue, Executive Director and General Manager of the company, delivered an annual work report entitled "Forging a Solid Foundation through Technical Innovation, Marching toward a New Journey", reviewing the work in 2025 and outlining key priorities for 2026.

In the report, Mr. Liu stated that in 2025, the company's main business income and output value increased year-on-year, hitting a record high. Per capita output value maintained double-digit growth for three consecutive years, reflecting strong productivity. The year was marked by many highlights: sales of high value-added products grew continuously; new production lines were put into operation rapidly; core infrastructure such as power supply, energy support, and water treatment were fully upgraded; technological R&D achieved multiple breakthroughs, with several key projects progressing steadily and major sci-tech projects successfully approved; and a series of high-level qualifications were awarded, including National-level Specialized, Sophisticated, Unique and New "Little Giant" Enterprise, National Postdoctoral Research Station, Zhejiang Manufacturing Single Champion, and Zhejiang Key Enterprise Research Institute.

Looking ahead to 2026, Mr. Liu pointed out that the company will take market-driven, innovation-led, and refined management as its focus, follow end-user demand, seize incremental market opportunities, and expand international markets. With technological innovation and equipment upgrading as core engines, it will accelerate R&D iteration, continuously improve product quality, and enhance core competitiveness and profitability. It will deepen refined production management to improve quality, efficiency, stability, and reliability. Together, we will create an even more brilliant future!

The annual meeting also launched the new quality slogan: "AI, medical, new energy, automotive electronics... New growth calls for new responsibility, and consistent quality wins the future!" This is not only an accurate grasp of market trends but also a firm commitment of Kaien New Materials to future development.

Shining Stars, Salute to the Power of Struggle

Behind every achievement in the momentous year of 2025 lies the sweat and wisdom of countless Kaien people. At the annual meeting, the company grandly commended outstanding teams and individuals.

Best Team Award - Thermal Power Team

Best Team Award - Equipment Department

The Equipment Department and Thermal Power Team delivered outstanding performance in new line construction and energy support, providing solid support for the company's strategy implementation, and were awarded the Best Team Award.

Production Line Y28 of Papermaking Division II achieved zero safety accidents across the board throughout the year and was awarded the Best Safety Award.

Best Safety Award — Y28

Core backbones Xie Peixin and Yan Luming showed responsibility in tackling new technologies and line debugging with perseverance and were awarded the Best Dedication Award.

Best Dedication Award

Sales representatives Wang Mengjie and Wang Kai achieved remarkable results in customer service and new product promotion and were awarded the Best Sales Award.

Best Sales Award

24 employees including Fu Xiaolan, Wang Jian, Weng Yong, Tu Jianzhao, Wang Hua, Tang Jiaqian, Shan Jianxiong, Dong Jun, Zou Hongwei, Weng Ronglong, Zheng Shu, Pan Yixing, Zhu Wende, Mao Hongwei, Lei Mingfeng, Zheng Fubing, Deng Jianjun, Tu Gencai, Liu Feiyu, Zhou Qi, Wu Caiyan, Huang Lijun, Huang Weiyan, Qiu Yihua were awarded the Outstanding Employee Award. They dedicated themselves steadfastly at their posts and are an indispensable source of positive energy in the team.

Outstanding Employees

Every honor is not only an affirmation of the past but also a motivation for the future. As the host said: "True value never fades in silence. Your focused dedication and responsible commitment are seen and remembered by the team."

Golden Years, Grateful for You 

The warm moment of the annual meeting belonged to the senior employees who dedicated their youth to Kaien. In the session "Golden Years, Grateful for You", the company specially paid tribute to seniors who have served for over 40 years and female employees celebrating their 32nd anniversary. They polished product precision with their hands and interpreted "ingenuity" and "loyalty" with years of devotion.

Amid touching music, senior employees received custom trophies, and prolonged applause erupted. They are not only witnesses to the company's development but also inheritors of the Kaien spirit. What they hold is more than a trophy; it is a medal of time and a totem of the "Kaien family".

In addition, the annual meeting set up a "Welcome New Family Members" session. New employees wrote letters to their future selves and put them into a time capsule, agreeing to open them together in five years.

Senior managers who came to Suichang from other places with aspirations and rooted in Kaien shared their growth stories with new employees, conveying the warmth of "One Big Kaien Family".

Listening to senior employees share long-standing memories, watching new colleagues gather from all over the country, and playing interactive games to help seniors remember new faces—all barriers melted away in laughter and cheers. This is Kaien's "family culture": leaders are caring guardians, and newcomers are valued family members.

In the interactive laughter, barriers melted away. This is Kaien's "family" culture: leaders can be "family heads" who play games with you, and newcomers instantly become "new family members" who receive full attention.

Carnival Without Boundaries

The gala was interspersed with wonderful performances and multiple rounds of lucky draws. Dances, songs, and interactive games appeared one after another. Familiar colleagues in gorgeous costumes amazed the audience, adding festive vibes and showing another charming side.

When work identities were set aside, talent and passion were fully released:

"Kaien Girls Group" set the stage on fire with a hot dance, revealing amazing dancing skills hidden among colleagues.

"Happy F4" brought a hilarious sketch that made everyone laugh, turning work tacit understanding into stage fun.

"Kaien Singers" performed songs from *Anheqiao* to *Your Answer*, expressing the journey of everyone's heart.

"Kaien God of Songs" delivered a soulful performance of *My Love in Life*, winning thunderous applause.

"Kaien Boys Group" made their debut in stylish suits, full of vitality and youthful charm.

From the middle generation singing *Never Give Up* to the vibrant new generation, the annual meeting completed a warm relay from "saluting the foundation" to "welcoming new blood". The Kaien spirit lives on in applause and tears.

Various lucky draw prizes were also prepared. Rounds of "Lucky Horse Blessing" draws pushed the atmosphere to a climax. The prizes were generous, but more precious was the joy shared by all.

Set Off in Spring, Embark on a New Journey Together

This splendid night honors the past and holds infinite expectations for the new year. The Beginning of Spring night is both an end and a new starting point. May all Kaien people carry this glory and warmth, stride forward like galloping horses, break through the cold like spring trees, and on the new journey of 2026, continue to forge ahead with tenacity and innovation to paint an even brighter tomorrow for Kaien New Materials!