OnJuly 19 2019, a delegation of nine people from Samyang (South Korea) led by itsPresident Kim Jung Soo visited Ningshing Holdings for its general distributionbusiness with Ningshing Ubay, a subsidiary of Ningshing Holdings. Chairman WuYigang and President Huang Yongzeng from Ningshing Holdings, together with ChairmanWang Weimin and General Manager Shi Chenjia from Ningshing Ubay greeted thedelegation with warmth and hospitality. Chairman Wu gave a brief introductionof the development of Ningshing and the achievements of the cooperation betweenthe two parties, He also expressed gratitude to Samyang Company for its trustin Ningshing. President Kim Jung Soo highly appreciated Ningshing Ubay’s activeefforts for the cooperation between the two sides, expressed her gratitude toNingshing Holdings for its strong support and hoped that the two sides continueto deepen the cooperation.PresidentKIM and her members also went to Ningbo Free Trade Zone to visit NingshingUbay’s warehouses designated for cross-board business. They focused on thewarehouse where the joint-projects between the two sides were located. The twoparties also held a business seminar during the visit.Thetrip of President KIM and her delegation in China lasted 6 days. As Samyang’sgeneral distribution agent in China, Ningshing Ubay accompanied the wholejourney to visit the markets of Harbin, Changchun, Dalian, and other northeastprovinces, further deepening Samyang’s understanding of the Chinese market andalso Ningshing Ubay, and laying the foundation for further cooperation betweenthe two sides.

On the afternoon of July 22, 2019, the Semi-annual Joint Meeting of GeneralManagers of Ningshing Holdings was held at Nanyuan Huaboyuan Resort Hotel. Atotal of 60 people from the subsidiary companies and headquarters managementattended the meeting.The meeting was chaired by Vice President Wang Wentong. Theparticipating companies and departments submitted reports on the operation andwork completion in the first half of the year, and proposed work plans andimplementation measures for the second half of the year. Basing on financialdata, Vice President Yang Xiaojun analyzed and summarized the economic performanceof the Group in the first half of the year.President Huang Yongzeng, in comparison with the Group's annualbusiness plan, deployed the business operations of Ningshing in the second halfof the year as to maintain business growth, ensure economic efficiency andcapital flow, attach importance to professional markets and cross-bordere-commerce exports, pay attention to economic situation and exchange ratechanges, and appropriately adjust business plans. He emphasized on the effortand hard work on the key projects and important work to put forward targetedrequirements. He required that all the subsidiary companies should find gaps,grasp implementation, and solidly promote various business management.At the end of the meeting, Chairman Wu Yigang made a speech. Heaffirmed the progress and effectiveness of the company’s overall operations inthe first half of the year; pointed out the gaps in the completion ofoperational indicators and the promotion of key projects. He required allcompanies and departments to strengthen the responsibilities and focus on keytasks and key projects, speed up personnel training and team building,strengthen the cultural heritage of Ningshing, and make every effort to ensurethat the tasks of the year to be completed and a new Ningshing is created inthe transformation of innovation.

Recently, in orderto celebrate the 98th anniversary of the founding of the Communist Party ofChina and provide a strong organizational guarantee for the construction ofhigh-quality domestic first-class strong areas, the CPC Haishu DistrictCommittee of the Communist Party of China launched a two-in-one first selectionand commendation activity. The Party Committee of Ningshing Special Steel Groupwas appraised as “advanced grassroots party organization”, and Mr. Xu Guangjie,deputy general manager of rubber shoes division of Ningshing Trade Group wasawarded the honorary title of “Outstanding Communist Party Member” inHaishu District.

During June 28th to 30th, 2019, in order to commemorate the 98th anniversary of the founding of the Chinese Communist Party, cherish the memory of the martyrs, relive the history of the party, encourage the party members and cadres to inherit the red genes, adhere to the initial intention of joining the party, focus on innovation and development, and make new contributions to the high-quality development of Ningshing Holdings, the party committee of Ningshing Holdings organized all party members and cadres to carry out a red tour to Shangrao in Jiangxi Province. Mr. Wu Yigang, Chairman of Ningshing Holdings, Mrs. Gao Ping, Party Secretary and Vice Chairman, Mr. Huang Yongzeng, Party Committee Member and President, and together with more than 180 party members and cadres from the subsidiaries participated in the event.The red tour led all party members to visit Shangrao in Jiangxi, pay tribute to the monument to the revolutionary martyrs of the Shangrao concentration camp, visit the memorial camp of the revolutionary martyrs and the former site of the concentration camp. The Shangrao concentration camp is a historical site of the "Southern Anhui Incident". It carries the heroic story of the martyrs represented by Ye Ting. A solemn and grand theme party event was held in front of the Revolutionary Martyrs Monument. Mr. Huang Yongzeng, member of the party committee of the Company, presided over the event. At the beginning, a magnificent International Song was played. Later, in the solemn music of "Flowers offering ", the party members Dai Lei and Zhu Weidong presented a flower basket to the martyrs, and all the party members observed a moment of silence and bowed three times to the revolutionary martyrs. Afterwards, the four young party members recited a newly created poem named "Before the Monument" to express infinite reverence for the martyrs and their firm belief in the cause of communism. Immediately afterwards, the representatives of the young and middle-aged party members, Yan Jianbin and Wang Ying, respectively, expressed their wish to inherit the glorious revolutionary tradition, adhere to the initial heart, and move forward in the company’s innovation and development, be willing to contribute, be brave in innovation, and make constant break-through. Mrs. Gao Ping spoke on behalf of the party committee of the Company, pointing out that every trip to the revolutionary region was a special journey to recall history, find answers, inherit red genes. She asked all party members to adhere to the initial intention of the party, strengthen their ideals and beliefs, and hold on to the party spirit. She called for turning into perseverance and the mission into action; keeping in mind the mission, striving to be the pioneer of the company's innovation breakthrough as well as to abide by "integrity, innovation, building a win-win situation, the pursuit of excellence "Ningshing core values, based on their own duties, professional focus and hard work; to strengthen learning, inherit the red genes, continue to draw strength from the revolutionary spirit, adhere to the spiritual home of the Communists, maintain the advanced nature and purity of the Party, and to provides solid organizational security and spiritual motivation for the company Continuous scientific development. Finally, Mrs. Gao Ping led all the old and new members of the party in the company to review the party’s oath in front of the revolutionary martyrs’ monument, and the initial hearts of the party members re-awakened in the place.After the theme activity, each general branch and branch respectively held a special meeting. The meeting was divided into two parts. The first was to study the spirit of the important speeches of the "Party Constitution" and General Secretary Xi Jinping's "I don't forget the initial intention and keep in mind the mission". In the second part, all party members compared the requirements of the party constitution and made self-reflections as to examine the actual work of ideological work, talk about understanding, find out the gap, clarify the direction of efforts, and make contributions to the company's development. All the party members carefully studied in advance and prepared for the meeting. It turned out to be a study meeting for all Party members to enhance their understanding, strengthen their beliefs, and coruscate their passion, and was also an educational meeting to find gaps, promote promotion, and strengthen party spirit and high quality.During the event, all party members collectively ascended a world-famous natural heritage named Sanqingshan. Most of the members challenged themselves, encouraged each other, overcame tens of thousands of steep steps, and walked in the country's highest altitude. The journey not only appreciated the beautiful scenery of Sanqingshan, but also showed the enterprising spirit of Ningshing people who were not afraid of difficulties and bravely climb the peak.The Company attached great importance to this Journey, and the party committee carefully arranged it. The general branches and branches closely cooperated, and all party members actively participated and achieved good results. The theme of the whole event was distinct, rich in content, innovative in methodology, and organized in order. Whenever it was in a theme event, an organization life meeting, a party knowledge contest or a red song sing, a hand-to-hand shoot, a reporter interview, all party members were seriously participating, observing the rules, discipline and style. It was a very successful education on the theme of ideals and beliefs, original mission, and responsibility.