Dear Employees:.
　　One dollar returns and Vientiane is renewed. We have sent away an extraordinary 2020 and ushered in a 2021 full of hope and challenges. In 2020, China's automobile production and sales will be 25.22 million and 25.31 million, a decrease of 2% and 1.9% respectively from 2019. 2021 is the first year of the country’s 14th Five-Year Plan. It is estimated that China’s GDP will increase by 8.1% from 101 trillion yuan last year to 110 trillion yuan. China’s economy will shift from high growth to a new stage of high-quality development. The sustained and healthy development of the Chinese economy has played an extremely important role in the recovery of the global economy.
　　With the rapid growth of China's economy, my country's automobile industry will turn from negative to positive. It is estimated that the production and sales will reach 27.5 million in 2021, with an increase of more than 5%. The growth trend is more obvious for new energy vehicles and commercial vehicles. Feilong must keep up with the development of my China's automobile industry, implement the new development concept of "persistence, two-wheel drive, intensive cultivation, and brand building", achieve sales revenue of more than 3 billion yuan, and tax and profit of more than 350 million yuan, and strive to achieve domestic business income and international trade income each account for 50% of the target.
　　Since September last year, international and domestic orders for turbine housing and exhaust manifolds have increased rapidly. This is the result of our customers' trust in us and long-term friendly cooperation. Although we have tried our best to overcome many difficulties and solve the contradictions and problems in production in a timely manner, the output has increased month by month, but we still cannot meet market demand. The supply gap is increasing and the contradiction between supply and demand has become increasingly prominent. I hope that all employees will cherish the rare opportunities, work hard, think about what customers think, be anxious about what customers are anxious, hold a highly responsible attitude to customers and the company, work together, face difficulties, and work overtime, do our best to complete the task with good quality and the needed quantity.
　　The domestic market is not contending, and the international market is advancing. This is an important measure for Feilong to become stronger, better and bigger. Dear Employees, let us join hands and work hard to achieve the ambitious goal of "being a century-old enterprise and creating a world brand"!
　　Finally, I wish all employees and their families auspicious and happy New Year of the Ox!  
 

Sun Yaozhong, 
Secretary of the Party Committee and General Manager of Feilong
3rd,Feb, 2021