In the first half of 2025, TriumphGroup adhered to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, thoroughly implemented the major decisions and deployments of the CPC Central Committee and the State Council,under the strategic guidance of China National Building Material Group (CNBM), the companyfocused closely on its annual production and operation targets. Itsystematically advancedwork in structural optimization, enhancing quality and efficiency, deepening reforms, and risk prevention and control. This resulted insteady improvement in operationalquality,continuous optimization of governance structures, and ensured astable and positive trend in safety and environmental performance. The work in the first halflargely met expectations.
Yin Zibo fully affirmed the achievements made by the Triumph Group in the first half of the year and systematically analyzed the current situation and tasks from six aspects, while deploying key tasks for the second half of the year:
1.Take Stock Comprehensively:Systematically review and analyze Triumph Group’s asset structure, liability structure, and revenue structure to unify thinking, deepen understanding, and build consensus.
2.Understand the Situation:Deeply grasp the current challenges facing the enterprise, strengthen confidence, shoulder responsibilities, overcome difficulties, and enhance the ideological understanding and proactive commitment to the "Three Major Battles".
3.Identify Problems:Confront the enterprise’s existing problems head-on, demonstrate responsibility and initiative, firmly embrace the mindset of "tightening belts and enduring hardship," strengthen cost control and risk management, and accelerate loss reduction efforts.
4.Define Measures:Clarify specific measures and enhance execution to ensure the objectives and tasks of the implementation plan are achievable and effective, resolutely winning the "Three Major Battles" of improving cash flow, reducing costs, and eliminating losses.
5.Ensure Implementation:Strengthen organizational, responsibility, personnel, and internal coordination implementation. Anchor objectives, solidify responsibilities, enforce strict performance assessment and rewards, and make every effort to ensure tasks are accomplished.
6.Strengthen Development:Go all out to complete the annual targets and tasks, successfully conclude the 14th Five-Year Plan period, and plan for the 15th Five-Year Plan period, using high-quality Party building to lead and guarantee the enterprise’s high-quality development.
Tang Liwei summarized Triumph Group ’s work and achievements in the first half of the year in his work report. Regarding the work for the second half of the year, he emphasized four key tasks:
1.Anchor the targets and resolutely win the "Three Major Battles".
2.Enhance the core advantage of technological leadership to drive enterprise development.
3.Strengthen the improvement of operational management capabilities.
4.Leverage Party building to unite and drive progress, using new achievements in work style improvement to promote new improvements in all tasks.
6 units delivered exchange speechesinclude CNBM Bengbu Design and Research Institute for Glass Industry, CNBM Environmental Protection Research Institute (Jiangsu) Co., Ltd., Shenzhen K&D Technology Co., Ltd., Hefei Light Industry Machinery Factory, China Luoyang Float Glass (Group) Company Limited / Triumph New Energy Limited, Yaohua (Luoyang) Glass Co., Ltd.,
Triumph Group ’s external directors, leadership team members, department heads, and members of the leadership teams and middle managers from affiliated enterprises, totaling 650 people, attended the meeting on-site or via video link.