On 1 December 2021, Hetrun was successfully listed on the Guangdong Stock Exchange under the company code [880806].
In a tense and solemn atmosphere, Zheng Hui, Managing Director of Hetrun, received the plaque from the Guangdong Stock Exchange. At the same time, Zheng Hui, Managing Director of Hetrun, and Yang Jianqun simultaneously rang the IPO bell amidst the blessings and expectations of all the guests, marking a new beginning for the company.
On behalf of the company, Mr. Zheng Hui, Managing Director, thanked all the guests and friends for their generous attendance and shared the happy moment of Hetrun's IPO! We would like to thank the leaders of the Guangdong Stock Exchange and the Stock Exchange Audit Committee, and express our sincere gratitude to High Control Investment and all those who worked so hard for this event. The approval of our listing by the Guangdong Stock Exchange is a great encouragement for Asahi River New Materials (Guangdong) Co.
Since Hetrun was established in 2010, it has been 11 years of development so far; we have experienced many storms and setbacks, opportunities and challenges! We have always adhered to the good virtues of pragmatism and excellence, ploughing deep into the field of new materials and exploring unknown areas of the industry to contribute. In recent years with the rapid development of the industry, the company is also growing, the average annual growth rate reached 20%, R & D investment accounted for 12% of operating income, invested more than 5 million in laboratory equipment makes the company's R & D capabilities, technological innovation capabilities have leapfrogged development and progress!
The successful listing is a new milestone in the history of Hetrun's development, which is not only a full confirmation of the company's continuous innovative operation and steady development since its establishment, but also a sign that the company is making continuous self-breakthroughs to fully open up the domestic market and truly achieve leapfrog development. Today's listing is a starting point, not an end point.
Hetrun will take this successful listing as an opportunity to continue to push forward and innovate with more standardised management, more efficient operation mode and the strong competitiveness gained through the listing, to strengthen its quality internally and its image externally, and to strive for standardised management, standardised services and socialised comprehensive benefits to achieve a further leap in corporate growth and lay the foundation for its future transfer to the board. We will strive to standardise management, services and socialisation of comprehensive benefits in order to revive the growth of the company, lay a good foundation for the future transfer of management, and reward every employee, customer and society with excellent products in order to live up to the glorious mission given by the times!
So far, Hetrun has gone through 11 years of development, and after so many years of precipitation and accumulation, we have gained a lot, and we have built a team that is united, progressive, innovative, and capable of fighting and winning battles. We have a more efficient and intelligent modern factory, which has laid a solid foundation for our future development.
What we are most proud of is that we have accumulated a large number of high quality customers and strategic partners in our main business sectors, such as food packaging industry,
Household Paper industry, label printing industry, automotive industry and intelligent manufacturing industry, such as Mengniu, Sanjiu, BY-HEALTH, Hengan, Vida, Tianyuan, Jiuheng, Pengli, Zhantu, etc. These are the top companies in various fields. These are the leading companies in various fields. With the support and trust of all our customers, Hetrun has developed and progressed.
This year, we continued to suffer from the fluctuations and adverse effects of the New Crown epidemic on the domestic and international economic situation. It was also a rare year in which we encountered several difficulties at the same time, such as power and production restrictions, raw material shortages, raw material market surges, etc. However, all of us at Asahikawa worked together and overcame the difficulties, making extraordinary achievements and accomplishments in this difficult situation.
Looking back at today, looking forward to tomorrow. In the days ahead, we will continue to focus on quality development, innovation and smart manufacturing, and we will further increase our investment in research and development, and upgrade and invest in smart manufacturing. We will maintain our dominant position in the traditional business, but also focus on development and research in the fields of low-carbon environmental protection materials, electronic materials and new energy to achieve breakthrough growth.
Stability and innovation are the foundations of corporate development, born in the best time in centuries, all of us at Asahi River will not forget our original intention, remember the "one heart, one mind, one frequency" concept, uphold our excellent corporate culture and purpose, create value for customers through continuous technological innovation, and contribute to the development of industry and society. Contribute to the industry and society. Through unremitting search and effort, we will strive to achieve our next three-year plan and build Hetrun into an excellent company with satisfied customers, satisfied employees and a satisfied society.
