On the day when the country held an important meeting, at 2:30 pm on October 18, 2022, the first shareholders' meeting of Vulcan Technology in 22 years was also held on time at the Zhuji base.

At the beginning of the meeting, Dr. Tang Bo, Chairman of Vulcan Technology, first apologized to all shareholders on behalf of the management for the failure to notify all shareholders of the meeting in advance due to work errors, which resulted in some shareholders being unable to coordinate time to participate in the meeting on site and could only participate through online meetings. He promised to plan in advance and do a good job of serving all shareholders.

Dr. Tang then reported to the shareholders' meeting on the company's development this year and future strategic development plans. The heads of various departments of Vulcan Technology and the heads of various operating entities under Vulcan Technology also took turns to report their respective work performance to the shareholders' meeting and truthfully reported various operating data, allowing shareholders to review Vulcan's current development status and subsequent development path in detail. At this meeting, the management of Vulcan Technology proposed a clear strategic direction and development vision for the company's development plan for 2023-2024 for all shareholders to review. The meeting also reviewed other important matters.

Vulcan Technology will continue to build the "Vulcan brand" strategy and implement the development concept of "materials change the future". We will continue to deeply cultivate and develop in the fields of semiconductor industry chain materials, new energy materials, aerospace industry and other materials, so that the title of "God of Craftsmen-Vulcan" is worthy of its name.