Work Report of the Board of Directors of China Machinery Huanyu Certification Inspection Co., Ltd. for 2025
2025 is the concluding year of the "14th Five-Year" strategic plan for China Machinery Huanyu Certification Inspection Co., Ltd. (hereinafter referred to as "the Company" or "Huanyu Certification") and the beginning of the "15th Five-Year" strategic planning. Guided by the spirit of the 20th National Congress of the Communist Party of China and the subsequent plenary sessions, the Board of Directors has deeply implemented the important instructions of General Secretary Xi Jinping, firmly adhered to the important principle of "two unifications," and strictly followed the decisions and deployments of the Central Committee of the Communist Party, the State Council, and the State-owned Assets Supervision and Administration Commission. The goal is to build a "scientific, rational, and efficient" Board of Directors, effectively performing its roles in "setting strategy, making decisions, and preventing risks," as well as its supervisory responsibilities. The Company has advanced the deepening reform of state-owned enterprises with a new development concept, strictly complying with the requirements of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and other relevant laws and regulations. The Board has prudently and scientifically made decisions on major matters, strictly executed the resolutions of the shareholders' meeting, and worked closely with the Company's Party Committee and management to promote the implementation of strategies, deepen reforms, upgrade industries, drive innovation, and ensure compliance, providing solid governance support for the Company's high-quality development. The following is the report on the work of the Board of Directors for 2025:
I. Implementing Higher-Level Deployments and Promoting the Deepening of State-Owned Enterprise Reforms
In 2025, the Board of Directors conducted training and strategic seminars to earnestly study and implement the latest spirit and regulatory requirements from the Central Committee and the State-owned Assets Supervision and Administration Commission, formulating measures to serve national strategies and the Company's development. The scale of emerging industries has reached new heights: significant growth in revenue from new energy vehicle testing and information security testing has become an important growth engine for the Company's performance.
Continuously enhancing core competitiveness: The construction of the smart emergency equipment testing industrial park was strongly promoted, with five laboratory buildings completed ahead of schedule, helping the Company lead in the layout of low-altitude economic service platforms; the "National New Energy Vehicle Quality Inspection and Testing Center (Shandong)" received approval, marking a significant breakthrough with two national centers, effectively enhancing the Company's risk resistance capability. The Company obtained IATF16949 automotive industry quality management system certification, taking a key step into the automotive quality management certification service field. The passenger vehicle market achieved multiple "0 to 1" leaps, aiding in obtaining testing qualifications in the automotive field.
Strengthening technological innovation support: In 2025, there were 14 provincial and ministerial-level research projects underway, with three provincial and ministerial-level awards received (two second prizes and one third prize), achieving a significant breakthrough of two second prizes in one year for the first time; the Ministry of Industry and Information Technology's rail transit public service platform successfully passed acceptance, further enhancing technological innovation capabilities. Three new core innovation teams were added, with two teams passing mid-term assessments and one team being promoted to a higher-level unit.