On the afternoon of June 16, the Fourth General Assembly and Council Meeting of the Third Session of Jinhua Automobile and Motorcycle Industry Association was held in the Jinhua Cultural Center. The conference is hosted by the Secretariat of Jinhua Automobile and Motorcycle Industry Association. Present at the meeting are Members of Jinhua Automobile and Motorcycle Industry Association, Chen Hong - Director of Jinhua Economic and Information Technology Bureau, and Zhu Jianjun - General Manager of Huarong Financial Leasing Co., Ltd., etc. Ge Bingzao, Chairman and President of Jinfei Holding Group Co., Ltd., attended the conference as the Chairman of the Association.

In accordance with the Articles of Association and the Meeting Arrangement, the meeting reviewed and approved the 2022 AnnualWork Report of Jinhua Automobile and Motorcycle Parts Industry Association, the 2022 AnnualFund Revenue and Expenditure Report, the 2023 AnnualOperating Revenue and Expenditure Budget Plan, and the 2023 Annual Membership Fee Proposal.

As the Chairman of the Association, Ge Bingzao, Chairman and President of Jinfei Holding Group Co., Ltd., introduced to the participating members the development overview of the automobile and motorcycle parts industry in Jinhua City in 2022 and the key work content in 2023, and made relevant speechesfocusing on how private enterprises could take the road of high-quality development in the field of automobile and motorcycle parts industry. Mr. Ge said that in the post-epidemic era, the world economy has entered a stage of high inflation and low growth and that the private economy could no longer rely on price wars and extensive large-scale investment to obtain profits, and that fulfilling high-quality development is the only way out. In recent years, the continuous suppression of China's supply chain and industrial chain by the international market has made private enterprises in an extremely passive position in the international trade market. In the harsh environment of industrial development facing shackles, Jinfei however, through technological innovation, has successfully realized the wonderful change from traditional manufacturing industry to high-end digital intelligent enterprise. Private enterprises must give full play to their own advantages, carry out resource integration and market integration to accelerate the industrial upgrading. At the meeting,Mr. Ge also pointed out that as a representative of the National People's Congress, he will firmly practice the spirit of the 20th National Congress of the Communist Party of China, fulfill his duties and obligations, and contribute more to the development of China's modified car market and motorcycle market, promoting the sustainable development of the automobile and motorcycle parts industry.

At the meeting, Chen Hong, Director of Jinhua Economic and Information Technology Bureau, emphasized that the development of the automobile and motorcycle parts industry should catch up with the wave of New Energy, New Materials, Intelligence, as well as Integration, and that it should strengthen confidence and face difficulties bravely, keeping pace with the times. At the same time, Director Chen put forward some constructive suggestions on the development of the association and enterprises, hoping that the association could better play a leading role in serving members and serving Jinhua industry and organizations. He also said that enterprises should improve their organizational structure capabilities and take the road of high-end, intelligent and green development. Apart from this, leading enterprises should also well play its leading role to promote industrial clusteringand enhance the overall competitiveness of enterprises.

The successful holding of the meeting has built a great platform for the communication and cooperation of the automobile and motorcycle parts industry in Jinhua City, and played an important role in further promoting the development of the automobile and motorcycle parts industry. Jinfei will take this meeting as a new starting point to publicize and implement the spirit of the 20th National Congress of the Communist Party of China, further promote industrial transformation and upgrading, and make more Jinfei's contribution to writing a new era of construction a beautiful Jinhua!