On February 17, 2013, the annual New Year tea party was held in the comprehensive conference room on the third floor of Jiangsu Tongyang Shipbuilding Co., Ltd. Chairman Yang Guanghui, General Manager Fu Genbao, and all employees attended the meeting.

Firstly, the chairman elaborated on the content of the "Strengthening Effective Investment and Accelerating Project Promotion" conference held in Jintan City on the 16th. In order to promote the development of Jintan area, actively mobilize the whole city to adopt a more proactive attitude, a more full and upward spirit, a more efficient and solid style, work hard for three years, and build a strong foundation. At the same time, some shortcomings in the development of Jintan's economy are also very obvious, such as small industrial scale, few industrial projects, few enterprises, small enterprise scale, and low industrial level. These are not only the gaps compared to developed regions, but also the potential for Jintan to accelerate its development in the future. The Fourth Plenary Session (Expanded) of the 12th Municipal Party Committee has clarified the overall tone and requirements for the development of Jintan in the next three years, as well as the overall tasks and goals for this year's work. Currently, the whole city should seize the major opportunity of "Chang Jin Integration" development and work together to promote a new leap forward in Jintan's economic and social development. On this development momentum, our company should also take advantage of the situation, keep pace with the times, improve our competitiveness, and strive for excellence.

In addition, the chairman gave instructions on the situation of the shipbuilding industry in 2013 and the company's work goals. With the aftermath of the economic crisis, the shipbuilding industry has entered a trough since 2012, and the next two years will also be the most difficult for the shipbuilding industry. Before the industry recovers, we should maintain a sense of crisis, work together, double our efforts, seek opportunities, explore markets, and overcome difficulties together. At the same time, in the new year, the company should also strengthen the training of professional personnel, from the leadership to grassroots employees, to improve their own professional and management level. The company will also introduce talents in a timely manner to enhance the overall quality of employees.

In terms of product competition, on the one hand, we need to explore the market and actively invest in projects within our competitive capabilities. At the same time, it is necessary to consider expanding the scope of business to adapt to the severe situation. On the other hand, the internal management level of the company should also have a qualitative leap in this year.