Zhenjiang Siemens Holds the 36th Board of Directors

On March 28th, the 36th Board of Directors of Zhenjiang Siemens Busbar Trunking Systems Co., Ltd. was held in Yangzhong. Xu Xiang, President of Daqo Group, and Ge Fei, EP of Daqo Group, a Chinese director, Shi Dafeng, VP of Daqo Group, a supervisor, Stephan May, Global CEO of Electrical Automation Department of Siemens Intelligent Infrastructure Group, a foreign director, Shu Changhong, CFO of Electrical Automation Department of Intelligent Infrastructure Group in China, Christian Schwenges, OD of Plant, and Chinese and foreign general managers and deputy general managers of the joint venture attended the meeting.

The meeting heard reports from the company's management on the company's business performance, compliance, EHS, and other work. BOD fully affirmed the overfulfilled tasks of the joint venture in 2022 and the rapid growth of its operating performance in the first quarter of 2023. BOD requires the company to accelerate the process of intelligent manufacturing and digital improvement projects, increase production capacity as soon as possible, and meet customer delivery needs with quality and quantity assurance. At the same time, increase investment in product research and development, ensure technological leadership, and promote standardized products and solutions. We must be brave enough to meet challenges, make a good plan for the strategic layout of 2023, base ourselves on a new starting point, achieve new heights, and fully complete various goals and tasks assigned by the board of directors.