Stock for short：长盈通
Stock code：688143

When I glance at the visage of vernal breeze; I know that a thousand flowers of purple and red set spring aglow. On April 10, 2023, during this beautiful season of blooming flowers and greenery, the "Global Entrepreneurs Free Trade Port Summit and 2023 Investment Cooperation and Development Conference" was grandly hosted in Haikou by the Hainan Enterprise Confederation, the Association of Entrepreneurs, and the World Trade Center Association. Leaders of China Enterprise Confederation, Hainan Provincial People's Government and State-owned Assets Supervision and Administration Commission of Hainan Province attended the conference and delivered speeches; Scholars from think tanks such as the Development Research Center of the State Council, Renmin University of China and Fudan University, and representatives of international organizations such as the World Trade Center Association, the ASEAN General Chamber of Commerce, and the Association of Small and Medium Enterprises of South Korea put forward suggestions and hopes for the development of the free trade port; More than 400 entrepreneurs from provincial entrepreneur associations and enterprise federations gathered together to discuss the future. Pi Yabin, Chairman and CEO of YOEC, and Mr. Cao Wenming, General Manager of the Strategic Development Center, were invited to attend the meeting.

With the launch of the preparations for the closure of Hainan Island, the construction of Hainan Free Trade Port has entered a milestone moment and has become a hot topic of global concern. The theme of the conference is "Opening up for a Better Future". With the comprehensive promotion of the construction of the free trade port, Hainan is also attracting the attention of more and more investors at home and abroad. This summit is of great significance to promote the benign interaction between investment and consumption, focus on the policy transformation of the free trade port, and inject new impetus into the acceleration and efficiency of the economy. It provides an important platform for exchanges and cooperation to promote investment cooperation and expand trade.

In the morning, Cao Wenming, General Manager of the company's Strategic Development Center, delivered a wonderful speech at the investment cooperation exchange meeting. General Manager Cao introduced the guests to the development history, investment advantages, and cooperation needs of YOEC. As the "first share of optic fiber coil" in the domestic capital market, YOEC has achieved the strategic goals of "platform construction" and "industrialization and capitalization". The year 2023 marks the first year of YOEC's listing. With the assistance of capital, the company will move steadily towards the strategic goal of "diversification and internationalization" in the third stage. Investing in Hainan is the need to steadily promote the company's diversification and internationalization strategy. In the third stage of development, the company will lay out diversified products and markets, enhance the internal circulation while going global, and take advantage of the opportunity to continuously expand the "international circle of friends" to integrate into the external circulation. YOEC's establishment of a subsidiary in China (Hainan) Pilot Free Trade Zone will take advantage of policy advantages to vigorously develop overseas markets, which is highly in line with the company's development strategy. At present, while the company develops vertically along the gyro industry chain, it actively lays out related industries and develops in a diversified way.

In the afternoon, Chairman Pi Yabin delivered a significant speech titled Layout of Free Trade Port and Integration of Double Circulationon behalf of Hubei Enterprise Confederation and Hubei Entrepreneur Association at the Global Entrepreneur Summit. Mr. Pi stated that Hainan is a highly appealing treasure island, and the free trade pilot zone and free trade port with Chinese characteristics, both personally planned by Xi Jinping, General Secretary of the Communist Party of China Central Committee and President of the People's Republic of China, have now settled in Hainan. This major decision of the CPC Central Committee is of great strategic significance for China to deepen reform and opening up in an all-round way, better integrate into the global economy, promote economic transformation and upgrading, implement regional development strategies and realize strong marine country. Hainan Free Trade Port will become the largest free trade port in the world and a national strategy of dual circulation at home and abroad. Hainan has ushered in unprecedented development opportunities. The state has made a good top-level design for Hainan Free Trade Port, and issued a lot of policy documents to support and encourage Hainan Free Trade Port in terms of taxation, talent, trade, finance, etc., with great efforts and wide scope. These support and encouragement policies have brought many tangible conveniences and benefits to enterprises, which are very attractive to global entrepreneurs to invest in Hainan.

Global entrepreneurs are looking forward to the future of Hainan Free Trade Port, the construction of the Free Trade Port is promising. Chairman Pi Yabin pointed out that Hainan Free Trade Port is a very good international window, and the investment of YOEC in Hainan will put the wings of dream for the internationalization process of the enterprise.The company needs a platform with global vision to attract more international talents, exploit international markets and integrate international development. Hainan Free Trade Port is an important part of southern border of China strategy, and the gateway to the south-central region, which will greatly promote regional economic integration and the construction of the "Belt and Road". Hainan Free Trade Port is the window and bond for YOEC to move towards internationalization, we will make full use of the tax benefits of Hainan Free Trade Port to reduce the operating costs of the company and enhance the competitiveness of products. As the president of Hubei Enterprise Confederation, Chairman Pi Yabin expressed willingness to take Hubei Enterprise Confederation and Hubei Entrepreneur Association as bridge and bond, to do a good job of communication between market and enterprise, enterprise and enterprise, and mobilize enterprises of the whole province to invest in Hainan Free Trade Port, play an active role in the complementary chain, excellent chain, strong chain of the industrial development.

The south of the sea in April, the south wind is slightly drunk. The island of dreams in early summer, the thousand boats set sail. In the natural scenery of the azure coast, this grand gathering is of great value and significance, achieving a complete success, and guests from all walks of life have received full rewards and doubled confidence. Hainan Free Trade Port has unique geographical, resource and policy advantages, the construction of Hainan Free Trade Port is the relaunch of China's Reform and Opening-up, which is the historic new opportunity for development and provides a good platform and favorable chance for the globalization of enterprises. YOEC will conscientiously implement the spirit of the 20th CPC National Congress, adhere to Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully, accurately, comprehensively and thoroughly implement the new development concept, accelerate the construction of a new development pattern with domestic greater circulation as the mainstay and international and domestic dual circulations reinforcing each other, and make contributions to the high-quality development of China's economy.