As the first rays of dawn pierce the sky, we stand once again at the intersection of time. Looking back on the long and arduous journey we have taken, and looking forward to the magnificent and turbulent future ahead. At this historic moment of bidding farewell to the old year and welcoming the new, on behalf of Jinma Energy, I would like to extend the most sincere greetings and best wishes to all shareholders, partners, and the vast number of employees, as well as to all friends from all walks of life who have long supported and developed the company.
The tumultuous years forged a resilient spirit. In the past year, the external environment was turbulent and challenging, with profound changes in the global landscape and increasing market pressure. The entire company, with a tenacious will like "Mount Tai towering above one's head without bending", united as one and forged ahead with heavy burdens. In the midst of fierce waves, they steered the course steadily, honed true gold through overcoming difficulties, and demonstrated heroic qualities in the midst of the chaos.
We accelerated the pace of reform, with a firm determination to promote structural adjustment and stimulate internal driving forces, and actively respond to new practices and changes in the times. We strengthened corporate governance, effectively resolving various problems in development, and using the certainty of our own work to cope with the uncertainties in production and operation, forging strong competitiveness in the industry's downturn. We focused on reducing costs and increasing efficiency, seeking benefits through management and meticulous work. Our performance improved significantly in the second half of the year. We were committed to transformation and upgrading, targeting cutting-edge fields, laying out new tracks, promoting the deep integration of traditional industries and the digital economy, and firmly grasping the initiative in development.
It was precisely this year of hard work and perseverance that enabled the company to take a significant and landmark step in its development, marking a remarkable finish to the "14th Five-Year Plan" and laying a solid foundation for the smooth start of the "15th Five-Year Plan". Every step forward was made possible by the sweat and wisdom of every hardworking individual; every achievement shone with the extraordinary dedication and creation of countless ordinary positions.
Starting a new year and embarking on a new five-year period, we are full of confidence, enthusiasm and passion. This is a crucial juncture that bridges the past and the future, and it is a golden period for seizing opportunities and achieving leaps. We should rise with the wind and move with the wind. In the ever-changing circumstances, we should grasp the path ahead and march forward with a song in our hearts. With unwavering belief, we will fulfill the promise of mountains and seas and create a beautiful future for Jinma.
We should strive for progress while maintaining stability. We must firmly grasp the primary task of high-quality development, continuously deepen our core business, accelerate the optimization of management standards, continuously enhance risk control capabilities, and continuously seek efficiency and benefits through better management. On the basis of firmly stabilizing the foundation and solidifying the core business, we should firmly grasp the new situation, fully adapt to new changes, and ensure that the company's ship can move steadily and reach far.
We must fully break through on the "progress" track. Strengthen innovation leadership, deepen mechanism reforms, comprehensively enhance capital allocation efficiency, accelerate the digital and intelligent transformation, and effectively remove the bottlenecks and obstacles that hinder development. Further strengthen the main responsibility of operation, stimulate vitality and potential through performance incentives, and drive comprehensive breakthroughs in production and operation results, thereby gaining greater initiative in market competition.
To shape advantages in the "stability" dimension. Scientifically formulate the "15th-16th Five-Year" development plan, more deeply integrate into the national development strategy, accelerate the innovative reconfiguration of production factors, actively cultivate and develop new quality productive forces, accelerate the construction of a modern industrial system and core value system oriented towards the future, and set an example in leading the progress of the industry.
Dear colleagues and friends! On the journey ahead, there will undoubtedly be ups and downs; in the future journey, there may still be turbulent clouds to cross. As long as our hearts are united and our efforts are directed towards the same goal, there will be no peak that we cannot reach and no gap that we cannot bridge. Let everyone's hard work integrate into the grand cause of the company, let the dream of Jinma Energy merge into the tide of the times, and let us with the attitude of "achieving success does not depend on me" and the responsibility of "achieving success is certain to be mine", jointly hold the mighty pen, generously drenching with passion and sweat, and together write a glorious chapter that belongs to this great era and to all of us who are striving!
Wish Jinma Energy a brighter future! And I wish everyone a happy family and all the best in the new year!