Recently, Qingdao Qihang Fishing Cage Co., Ltd. held its 2026 mid‑year summary meeting in the company’s conference room. Chairman Shi and Chairman Xu, together with all employees, gathered to comprehensively review the achievements of the first half, systematically assess development performance, scientifically evaluate the current landscape, and fully deploy key tasks for the second half—anchoring the direction and building consensus for the company’s high‑quality, sustainable growth.

At the outset of the meeting, Chairman Xu specially arranged for new employees who had joined in the first half of the year to introduce themselves one by one. Each new colleague appeared with a vibrant and confident demeanour, sharing their onboarding experiences and aspirations for personal growth. The infusion of fresh talent brings new vitality and diverse perspectives to the company, underscoring Qihang Fishing Cage’s strong commitment to talent pipeline development. Chairman Xu encouraged the newcomers to integrate swiftly into their teams, grow within their roles, and move in step with the company to co‑create a shared future.

Subsequently, department heads delivered special reports covering core areas such as technological innovation, market expansion, project delivery, operational management, and efficiency enhancement. Grounded in data and oriented towards tangible outcomes, the reports objectively presented the phased progress achieved across all functions, fully demonstrating the steady yet progressive momentum and quality improvement within each department.

Following the departmental presentations, Chairman Xu delivered a concluding speech. He fully affirmed the results accomplished in the first half, while also clearly addressing areas requiring improvement—including intensifying industry competition and internal management efficiency. He urged all employees to stay focused on the company’s overall objectives, concentrate on core businesses, and drive the execution of all tasks to a higher standard.

Subsequently, Chairman Shi offered a comprehensive concluding commentary. He encouraged the entire team to candidly acknowledge existing shortcomings, actively bridge gaps, forge broad consensus, and jointly overcome difficulties. With unified effort and determination, he called on everyone to successfully achieve the company’s annual targets and scale new heights in the organisation’s development.

Building on this new starting point, Qihang Fishing Cage will leverage the mid‑year meeting as a catalyst to sharpen its strategic direction, reinforce core competencies, and continue deepening its footprint in the marine equipment sector. Looking ahead, the company will remain innovation‑driven and quality‑rooted, seizing the strategic opportunities arising from the global marine economy. It will intensify efforts in key business areas such as deep‑sea aquaculture equipment and smart fishery facilities, while accelerating international expansion and industrial upgrading.

All Qihang people will embrace the challenges and opportunities of the second half with greater confidence and more decisive action, writing a new chapter of high‑quality development through solid performance and tangible results. In doing so, we are committed to contributing Qihang’s wisdom and strength to the high‑quality growth of China’s marine economy.