From July 18 to 19, 2025, the 4th Board of Directors Meeting of Chinaway Automotive Components (Shanghai) Co., Ltd. was grandly held in Xitang, Zhejiang—a region famously known as "Wu Gen Yue Jiao." The meeting comprehensively reviewed the company's operational achievements for the first half of the year. In his address, Chairman Mr. Huo Guangyong emphasized: "In the face of intensifying competition and the electrification wave sweeping through the automotive industry, Chinaway will continue to ramp up R&D investments, deepen global partnerships, and build a more competitive automotive components supply chain system, ultimately delivering greater value to our customers."

Xitang Forum: Strategic Discussions and Future Outlook The meeting officially kicked off at 9:00 a.m. Attendees heard key reports from the management team, including the "2025 Annual Business Performance Report" and the "Strategic Plan for the New Business Division." Set against the backdrop of Jiangnan-style gardens, the session featured in-depth strategic discussions, with participants engaging passionately in conversations about industry trends, business expansion opportunities, and brand upgrades.

Water Town Elegance Gathering: Inspiring Creativity Amidst Poetry During a break in the meeting, members of the Board of Directors and the Supervisory Board, along with the company’s management team, strolled together through Xitang, soaking in the serene charm of Jiangnan’s iconic scenery—gentle bridges spanning tranquil waters. In this relaxed and inspiring atmosphere, they openly discussed industry trends and corporate culture, further strengthening the team’s shared vision and unity!

Forge ahead with determination and create new glory—this board meeting was not only a highly efficient and pragmatic strategic session but also a team-building event that strengthened our collective resolve. Chinaway will seize this opportunity to stay firmly focused on our goals, embrace innovation with boldness, and relentlessly strive toward becoming a world-leading supplier of automotive components!