Summary of the first half of the year

On July 17, the 2024 first half work summary and second half work deployment meeting of Vulcan Group was grandly held at the Hangzhou headquarters. More than 60 middle and senior management personnel from various departments and bases of the company attended the meeting. The meeting further clarified the new ideas and new strategies of Vulcan Technology in the second half of the year through an in-depth summary of the work in the first half of 2024 and the sorting and discussion of the strategic planning in the second half of the year in the current turbulent market trend.

At the beginning of the meeting, Chairman Dr. Tang Bo first affirmed the solid achievements made by the company's various departments and bases in the first half of the year, and made an in-depth summary of the work in the first half of the year, emphasizing that in the current complex and changing environment, the company's early comprehensive strategy has played a great market advantage and is the most solid foundation for the company's revenue in the first half of the year. Then Mr. Tang delivered a forward-looking speech, leading everyone to jointly examine the current industry situation and jointly seek future development. At the same time, he pointed out that the company must keep a close eye on market fluctuations in the second half of the year and seek breakthroughs in strategies and methods in order to move more steadily and go further.

Subsequently, the heads of various lines and bases of Vulcan conducted detailed reports and exchanges on the progress of the first half of the year's business and annual key tasks, objectively analyzed the current difficulties and problems, and proposed various work measures for the second half of the year. Since the beginning of this year, despite the continued downward trend and complex and changeable macroeconomic environment, the company has maintained its determination and firm direction, anchored its goals and moved forward, and based on precision and depth.

Message from the Chairman

Customer-centric, build brand influence

We must firmly focus on customers, win customer trust with stable and reliable products and down-to-earth services, give full play to the company's product technology advantages to win the market, form differentiated competition, and let more customers recognize and choose our products.

In the fierce competition environment at home and abroad, how can we enhance the advantages of our products and occupy the market? This is a question that every department needs to think about. Let our products win in quality, price and service.

Face up to our own problems and insist on seeking progress in stability

All of us at Vulcan should attach great importance to the focus we are facing: R&D technology should be innovative, production should be efficient and energy-saving, quality should be strictly controlled, and we should continue to "make no defective products". The marketing department should do a good job in the development and collection of new markets, and the technical and service departments should do a good job in support and guarantee, and jointly ensure the healthy development of the company.

Through this meeting, all participating management clarified the next work direction and focus, adjusted and deployed the next stage of work in detail, paved the way for the start of the second half of the year, and met future challenges with determination and vitality.

Vulcan New Material Technology Co., Ltd. is a high-tech enterprise focusing on the research, development, production and sales of high-purity graphite, carbon fiber high-temperature thermal field materials and new carbon material products.

At present, the company's products have been widely used in domestic semiconductor silicon wafer crystal growth, SiC crystal growth, photovoltaic crystal growth, high-end metallurgy & industrial furnaces, optical fiber preforms & optical fiber drawing, sapphire crystal growth, ion implantation, MOCVD and other industrial fields, and can provide customers with thermal field application technology services and solution design.