On the morning of September 12th, Xi Ming, deputy secretary of the Municipal Party Committee and Mayor, led Yuyao City's economic letter, housing construction, agriculture and forestry and other relevant departments of the main responsible persons and Yangming Street Secretary Mao to visit our company for an inspection visit. As soon as Mayor Xi entered the company hall, he went straight to the topic. Accompanied by Chairman Xie Guofeng, he conducted an in-depth inspection of our company's major production workshops and learned about our company's various product performance, process technology improvements, and production and operation status.
The chairman of the board introduced our company's development history, corporate culture, sales situation and the completion of the company's business indicators in the past five years to the guests. Mayor Xi and his entourage gave considerable affirmation and praise to our company's active implementation of "machine substitution" and the obvious improvement of production efficiency year by year. At the same time, they pointed out the potential deficiencies and fundamental problems in our company's development. Encourage our company to further increase the development of new products, increase the added value of products, so as to start our own brand, and strive to become bigger and stronger in the relay industry.
Although only more than one hour of inspection and guidance, we have benefited a lot. Indeed, our company still has considerable room for improvement in process and technological transformation; we should continue to strengthen the research and development team in terms of new product development; the development path of our company's own brand is still a long way to go. For these problems, We will continue to implement various innovative and improvement measures to continuously improve our modernization and automation level.