The company held the 2020 annual economy analysis conference in headquarters on the afternoon of 4th March. Vice-president, Chief Accountant Wei Lina stated the overall economic status of the company and made an analysis in terms of the key economic indicators, manpower resource and specific indicators of legal risk management and control, as well as prominent problems observed in benchmarking process. Zhang Xiaoli, General Manager of cost control department, made a specific analysis against the company’s profit in 2020 in domestic market, Russian market and non-Russian market wise, and proposed concrete correction measures. Qin Chuanxiao, deputy-manager of Marketing Department, reported on the achievements of contracts signing and market developing status in 2020, and made clear the future key breakthroughs of the markets. In the end, CEO Wang Dalin pointed out that though we have made a historical achievement on key economic indicators in 2020, yet the problems emerged and the gaps with benchmarking companies are still obvious, shortcoming and prominent problems are not resolved fundamentally, imbalance is caused by sharp expansion of business scale and slow enhancement of management ability. Wang called on all management for solid efforts in pursuing higher profit and further mitigating the gap with benchmarking companies. Wang stressed that 2021 is the first year of the 14th Five-Year Plan Period and the critical year for Branches/Subsidiaries reforming & upgrading. We must enhance cohesion and make great efforts to strive for new breakthroughs.