On July 30, 2022, Shenghang Group held a work briefing for mid-2022. More than 30 people attended the meeting, including Li Taoyuan, Chairman of the board of directors of the company, leaders of main departments and principals of major subsidiaries. The meeting was chaired by Li Guanghong, General Manager of the company.

At the meeting, the leaders of all departments reported the completion of main work as well as existing problems in the first half year, analyze the market situation in the second half of the year, and put forward working ideas.

First, we should continue to promote the safety management of the company. Second, we should improve internal management and take effective measures to further reduce costs and improve efficiency. Third, we should strengthen our own ability, focus on the strategic layout of the group, seize the market development opportunities, solve the problems of weakness, and continuously improve the market share. Fourth, we should vigorously promote business model innovation, focus on shipping transportation of chemicals/oils and continuously expand to new energy sources such as liquefied petroleum gas and liquid ammonia.

Finally, Li Taoyuan, Chairman of the company, fully affirmed the work achievements in the first half of the year, and also analyzed the problems existing in the current work. He emphasized the following points. First, we should strengthen the safety management and improve the awareness of production safety. Second, we should pay close attention to the work implementation and promote internal standardized management. Third, we should focus on the group's first five-year strategic plan, and jointly accomplish the company's strategic goals.

The half-year work summary is of great significance. Under the leadership of the Chairman and management, all the staff of Shenghang Group will promote the company's high-quality development to a new level.