On March 26, Independent Non-Executive Directors of Harbin Electric Company Limited, He Yu, Niu Xiangchun, and Gao Yibin, visited Harbin Electric International (HEI) for an inspection visit, receiving briefings on the company's operational development, the strategic planning during the 15th Five-Year Plan, and the execution of overseas project construction, and putting forward guidance and requirements for the next phase of work. HEI Chairman and Secretary of the Party Committee Li Chao delivered a report covering operational performance during the 14th Five-Year Plan period and key strategic priorities for the 15th Five-Year Plan. HEI General Manager and Deputy Secretary of the Party Committee Li Mo introduced the current status of key overseas project construction and risk management.

The Independent Non-Executive Directors noted that during the 14th Five-Year Plan period, HEI had made significant strides in expanding into international markets, deepening operational and management reforms, and effectively resolving major risks in an orderly manner, resulting in a stabilized and improving business trajectory. Entering the new phase of the 15th Five-Year Plan, HEI must align with the overarching strategy of Harbin Electric Corporation (HEC, the parent company of HEI), consciously embrace its mission and responsibility for HEC's international development, and strive to become a key growth engine for HEC's innovation-driven development during the 15th Five-Year Plan period. First, it is essential to accelerate the construction of a modern industrial system. Leveraging the HEC's advantages in equipment manufacturing and its brand strength in international operations, HEI should consolidate and strengthen its traditional industries while actively cultivating strategic emerging industries. Second, HEI must elevate its value-creation capabilities by continuously optimizing its core business structure, addressing weaknesses and gaps, and improving profitability. Third, HEI must balance development with security, strengthen its bottom-line risk thinking, improve and optimize its risk compliance and internal control framework, and enhance full-chain risk oversight and management, ensuring that high-quality development is underpinned by a high standard of risk security. Fourth, HEI must establish and practice a sound performance philosophy, build a healthy and sustainable business culture, and lead the company to advance steadily and sustainably on its new development journey during the 15th Five-Year Plan period.

The following also attended the activities: Chen Hui, Standing Member of the HEC Party Committee and Deputy General Manager; relevant officials from the Board of Directors Office; and relevant officials from HEI's Corporate Office, Strategy and Development Department, Planning and Finance Department, Legal and Compliance Department, and Market Development Department.