Dear Colleagues,
As time flows swiftly, we once again welcome Wanhua's annual Day of Gratitude. On this meaningful occasion, I extend my warmest regards to all colleagues around the globe and wish to empress my gratitude to the families of Wanhua employees and friends from all walks of life. Thank you for your trust, care, and unwavering support.
In 2024, the global economy has faced formidable challenges, with increasing complexity, severity, and uncertainty in the business environment. Despite numerous difficulties, the entire Wanhua team has firmly striven for international leadership, and crafted an inspiring narrative of resilience and success.
We pay tribute to the Wanhua fighters who toil on the front lines. You make all efforts to drive the rapid development of the industrial parks. The PhaseⅠ project of Penglai Industrial Park has been fully completed, with facilities gradually coming into operation. In the Yantai Industrial Park, multiple products have been launched, adding vibrancy to our lives. The hexamethylenediamine facility in the Ningbo Industrial Park has successfully commenced operations, while the MDI facility in Fujian has undergone technological upgrades and capacity expansion. Our entire industry chain has been continuously enhanced. The environmental protection facilities have achieved autonomous operation, leveraging digital intelligence to empower excellent manufacturing, thereby advancing our manufacturing towards premium quality, intelligence, and sustainability.
We pay tribute to the Wanhua innovators who remain steadfast in their pursuit of creativity and exploration. With boundless enthusiasm and an unwavering commitment to innovation, you have borne fruitful achievements. Polyurethane manufacturing technology has reached new heights; breakthroughs in battery material technologies continue to emerge; the limonene aldehyde industrial chain has been progressively established, with the nutritional chemicals and flavor and fragrance businesses making their debut; AI technology is being applied to the R&D of new projects, unlocking infinite possibilities.
We pay tribute to the Wanhua pioneers who dare to explore and forge ahead with vigor. Adhering to the principle of being "customer-oriented", you create value for customers through exceptional products and impeccable services. The existing businesses in polyurethanes, petrochemicals, and fine chemicals have grown steadily, with revenue reaching new heights. With multiple efforts in marketing new products, the new business has achieved a historic breakthrough. From Asia to Europe and the Americas, and from Africa to Australia, Wanhua pioneers significantly enhance our overseas localized service capabilities.
Behind every piece of good news, every achievement, and every satisfied customer lies the effort and wisdom of all Wanhua employees, reflecting their dedication and passion. The company takes immense pride in your diligent efforts and relentless pursuit. Heartfelt gratitude to every one of you who strive and create at Wanhua!
Today, we celebrate the 20th Wanhua Gratitude Day. The culture of gratitude has been passed down through generations among Wanhua. With grateful hearts, we go through difficulties and cast a splendid legacy. In the face of unprecedented complexities, we must closely adhere to the guiding principle of "Implementing an Excellent Business Strategy for High-Quality Development.", practically transform our business mindset, drive changes in enterprise management, and stand together to face challenges, striving in unison for glory and brilliance.
Reflecting on the path we’ve traveled, we see a journey filled with challenges, and before us stretches a landscape full of promise.We are at a pivotal stage of development: consolidating the first growth curve, pioneering the second, and accelerating the third. Even if the road ahead is fraught with thorns and obstacles, as long as we remain firm in our ideals, embrace our responsibilities, and advance with courage and determination, we will undoubtedly overcome every valley and stride towards a magnificent future!
A heartfelt salute to every Wanhua individual who strives diligently!
Liao Zengtai
November 23, 2024
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