Room 1702, 17/F., Citicorp Centre, 18 Whitfield Road, North Point, H.K.

Tel: (852) 2866 8860    Fax: (852) 2838 3282

Room 9E, Guoxing Building, No.22 Shouti Southern Road, Haidian District, Beijing, China

Tel: 86-10-8835 4499         Fax: 86-10-8835 4911

Rm1303, Shenergy International Mansion, No.1, Fuxing Zhong Road, Shanghai, China

Tel: 86-21-6390 0180         Fax: 86-21-6390 0183

Andac Annual Meeting 2018

From September 9th to 10th, 2018, the Annual Meeting of 2018, organized by Beijing Office of Andac Engineering Corp., Ltd., was successfully held in Hilton Hotel, Anshun, Guizhou Province. This annual meeting is held two years after the annual meeting of Qingchengshan in 2016. All staff from three offices in Hong Kong, Beijing and Shanghai attended the meeting. The theme of this annual meeting is: "Maintaining old customers, sticking to the old market, seeking new resources and seizing new opportunities".
During the meeting, employees and department leaders engaged in sales, commerce, finance, logistics and management spoke actively, and exchanged their work experience, plans and expectations for future work. Mr. Li Lianbin, the chief representative of Beijing office, and Mr. Shi Jianbo, the chief representative of Shanghai office, represent the two offices respectively, summarizing the work of the two offices in the past two years, focusing on the achievements of team building and the experience of office management. Ms. Qin Fang, general manager of the Andac China, and Ms. Amy Li, deputy general manager of the company also delivered speeches.
Finally, Ms. Liliane Lu, chairman and general manager of Andac, delivered an important speech at the annual meeting. In the speech, she firstly affirmed the progress Andac team made in the past two years, and particularly affirmed the company's spirit of unity, aggressiveness, endeavor and indomitable progress from top management to every employee under the adverse situation of the domestic economic downturn and the tightening of the power infrastructure market in recent years. She said that under the very difficult circumstances, why we could still stand at the forefront of the market is because we believe that no matter how strong the wind is, no matter how heavy the rain is, it will stop, and there is always light at the end of the dark channel. She further elaborated that Andac had struggled in the power and petrochemical market for 25 years, we always kept maintaining the old customers and the old market. However, under the new situation, we must constantly seek new resources, seize new opportunities, seek stability, seek survival with the new customers & market, as well as keep pace with the times. In addition to the announcement of increasing the sales incentive coefficient this year, she also announced a major decision of the company's board of directors: "The company will implement the equity mechanism reform plan of expanding shares in batches to employees from next year (2019)" to enhance the company's motivation. She concluded the speech by saying that: Today, on behalf of the board of directors, I made a major decision to expand the shares of employees. we believe that this decision will enable Andac to be younger, more energetic, more powerful and to go further. Chairman Ms. Lu's important speech is undoubtedly a great inspiration to every employee. It not only strengthens the confidence of employees, but also clarifies the direction and objectives of their next stage of work. It also has a centripetal force of progress, development and coexistence with the company.
This annual meeting will be a milestone in the history of Andac's development. It will open a new page and continue to write a new chapter for the company's future development.