心爱的同事们
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：

各人好!

我们刚刚隆重庆祝了u8国际官网成立40周年，总结了公司汹涌澎湃的四十年发展过程，瞻望了充斥挑战、、、充斥但愿的光明将来，转瞬间我们又将迎来2019年！。值此辞旧迎新的美好时刻，我代表公司治理层，向整个u8国际官网人和一向以来关切、、、支持u8国际官网发展的各级辅导、、、宽大员工眷属、、、社会各界伴侣致以新年的祝福!

从前的2018年，长短凡的一年，也是难忘的一年！。6月13日，习近平总书记来到乌兰察布工业园视察，并作了重要讲话！。总书记但愿各人再接再厉，一鼓作气，趁热打铁，一以贯之，朝着既定的指标奋勇直前！。

总书记的讲话极大地鼓励了整个u8国际官网人干事创业的周到，u8国际官网人肯定不辜负总书记的殷殷嘱托，切切期盼，将致力把公司建设成为全球一流企业！。

2018年，我们以“安全治理深入年”为治理主题，深入性质安全设计和治理，深入工艺和劳动纪律治理，员工的安全意识和技术显著提升，安全管控能力得到进一步加强！。

这一年，乌兰察布工业园出产运行治理能力进一步加强，孝感工业园精密化治理水平全面提升，匈牙利宝思德出产销售再创纪录！。同时，乌兰察布工业园二期百万吨乙烯项目获国务院核准，并正式开工建设，美国、、、眉山项目宣告定址，公司全球化布局不休美满！。

这一年，科技创新喜报频传！。自主研发的TBA脱水、、、TDI、、、催化剂等新装置投料试车成功;HCL氧化、、、PDH、、、MDI、、、PC、、、ADI等装置优化成就显著;无醛人造板、、、水性树脂等职能化解决规划得到了客户的认可，产生了优良的社会和经济效益！。

这一年，公司创新营销思路，积极采取多种战术应对多变市！。髡橹峁梗炕泛蜕涛裥岣吡丝突е幸舛！。

这一年，公司人才建设工程成就斐然！。1100多名优良人才成为u8国际官网新同事，人才梯队建设不休美满，工程师造就、、、岗位技术认证工作稳步推动，员工能力显著提升！。

这一年8月16日，u8国际官网化学重大资产重组项目获得中国证监会上市公司并购重组委员会审核无前提通过，整体上市工作圆满实现，u8国际官网成为了真正意思上的混合所有制公家公司，为公司的持久发展打下了坚实的体制基础！。

在这里，我再次对四十年来所有为u8国际官网发展做出的积极致力和卓越贡献的前辈、、、同事、、、社会各界伴侣，暗示衷心的感激!

只管在从前的四十年里我们创制了令人瞩主张业绩，但站在建设百大哥店的新起点上，我们面对复杂的外部环境和更高的发展要求！。在新的一年，我们要依照“夯基础、、、抓鼎新、、、控成本、、、谋将来”的工作思路，提升组织效能，提高可持续发展能力，使u8国际官网在奔向美好将来的征途上行稳致远！。

安满是u8国际官网基业长青的基！。踩嵘贾赵诼飞希蚨驹2017年“安全治理年”，2018年“安全治理深入年”的基础上，将2019年治理主题定为“安全治理提升年”！。但愿通过执行安全治理三年行动打算，持续提升性质安全和全员技术水平，实现公司安全治理能力和业绩的全面提升！。

我们要适应行业发展和中国消费升级的大趋向，以更大的力度整合各类资源，通过技术创新尽快实现优势产能的低成本扩张，加紧推动自主创新产品的产业化，加大产品新利用和高端精密化学品的开发力度，抢占将来市场的制高点！。

面对全球复杂多变的经济局势，u8国际官网战术是以不变应万变，实切其实地不休提升u8国际官网卓越运营能力！。采购部门要提高整合上游原料资源的能力;出产部门要以打造数字化工厂和扎实的精益治理为抓手，做客户中意的“好产品”;市场部门要以客户需要为导向，创新治理，用心服务，造就忠诚的客户群体！。

鼎新公司的组织架构，打造单一高效的制度和流程系统，以适应公司不休壮大的必要;鼎新公司激励系统，更好地体现业绩导向的理念！。同时，招聘更多一流人才，深入“银发”工程，建设u8国际官网大学，打造中国化工业的人才高地，推动公司战术指标的实现！。

千岩万壑不辞劳，远看方知出处高！。

u8国际官网发展指标， 五年进入全球 化工20强，最终把u8国际官网打造成为拥有全球一流竞争力的世界五百强企业！。

我相信，只有我们继承和弘扬u8国际官网心灵，当真践行u8国际官网主题价值观，一步一个足迹做好每一件事件，u8国际官网雄伟蓝图就肯定能早日实现!

最后，祝整个u8国际官网同事和社会各界伴侣新年欢乐，身段健康，工作顺利，阖家幸福!

董事长
：
：廖增太

2018年12月31日

Chairman’s New Year Address for 2019

Dear all,

Happy New Year!

The 40th anniversary of Wanhua had just been celebrated, and we reviewed the magnificent development in the past four decades while looking forward to the bright future with both challenges and hopes. Now we are at the dawn of 2019. At the moment of bidding farewell to the old and ushering in the new, on behalf of the management, I would like to express my appreciation and best wishes to all of our colleagues and the leaders, colleagues’ family and friends, who have supported our development in the past.

The past 2018 is an extraordinary year. It is also unforgettable. On June 13, General Secretary Xi Jinping visited the Yantai Industrial Park and made an important speech. He hopes that everyone will continue to work harder and more eagerly, and to keep striving to move forward toward the established goals.

His speech greatly encouraged all the Wanhua colleagues to try our best to accomplish our goals. We must keep his words in mind and work harder to make Wanhua become a world-class enterprise.

In 2018,"the Year of Deepening Safety Management" was established as the management theme, focusing on further improving intrinsic safety design and management, as well as the process and labor discipline management. This significantly improved the employees' safety awareness and skills, and further strengthened our safety management.

The production and operation management of Yantai Industrial Park was further enhanced. The refined management of Ningbo Industrial Park was comprehensively improved. The production and sales of BorsodChem in Hungary reached another record. Meanwhile, the Phase II of the Yantai Industrial Park, a million-ton ethylene project, was approved by the State Council and officially commenced. The America and Meishan projects were announced, contributing to the completion of company's global layout design.

Many scientific and technological innovations were achieved in 2018. Self-developed TBA dehydration, TDI, catalyst and other new plants were successfully commissioned. HCL oxidation, PDH, MDI, PC, ADI and other plants were further improved to achieve remarkable results. The functional solutions, such as aldehyde-free wood-based panels and water-based resins were promoted, which gained huge customer recognition and generating favorable social and economic benefits.

For marketing, multiple strategies were adopted to counter the changing market actively. Marketing organization structure was optimized, while the coordination of the products and business support was strengthened, which further improved the customer satisfaction.

Our talent management also achieved great results. More than 1,100 excellent talents joined Wanhua. The development of the talent echelon has been continuously improved, while the training of engineers and the job-skills certification have been steadily advanced, which significantly improved the staff capabilities.

On August 16, Wanhua Chemical's major asset restructuring project was unconditionally approved by the listed company mergers and acquisitions reorganization committee of China Securities Regulatory Commission, and the overall listing was successfully completed. Wanhua finally became a real public company of diversified ownership, which laid a solid institutional foundation for the company's long-term development.

Here, I would like to express my sincere thanks to all the seniors, colleagues and friends who have made positive efforts and outstanding contributions to Wanhua in the past four decades!

Despite we have accomplished impressive achievements over the past four decades, we are facing a more complex external environment and higher development requirements at the new starting-point for building a century-standing enterprise. In 2019, we must follow the work ideas of "improving foundation, reforming, controlling costs, and designing the future", improving organizational efficiency and the ability of sustainable development, in order to lead us to a better future.

Safety management is the foundation of Wanhua's long-term development. But safety improvement is always on the road. Therefore, after “the Year of Safety Management” in 2017 and the “the Year of Deepening Safe Management” in 2018, the management theme of 2019 will be defined as “the Year of Improving Safety Management”. We hope that through the implementation of the three-year action plan for safety management, the intrinsic safety and the skills of all employees will be continuously improved to achieve an overall improvement in the company's safety management capabilities and performance.

We must follow the trend of the industry and consumption upgrading process in China, integrate various resources with greater efforts to realize the low-cost expansion of advantageous production capacity as soon as possible. We must also further promote the industrialization process of self-developed products; develop more new and high-end fine chemicals to seize the commanding heights of the future market.

Facing the complex and volatile economic situation in the world, our strategy is to constantly improve our operational excellence. The purchasing department should improve the ability to integrate upstream raw material resources. The manufacturing department should focus on creating a digital factory and solid lean management, and produce "good products" for customers. The marketing department should be oriented to customer needs by offering creative and dedicated service in order to cultivate loyal customers.

We will reform the company's organizational structure, and create a simple and efficient regulation and process system to meet the company's growing needs. We will also reform the company's incentive system to better reflect the performance-oriented philosophy. Meanwhile, we will recruit more top talents, further implement the “Silver Hair” project, and build Wanhua University to build a talented highland in China's chemical industry in order to accomplish our strategic goals.

After running through decades and decades, we’ve accomplished great achievements. Looking from far distance, we can find it came from a very high point.

To enter the global top 20 chemical companies in five years and finally becoming a World’s Top 500 Enterprise with first-rate global leading competitiveness is our development goal. I firmly believe that as long as we inherit and carry forward the spirit of Wanhua, earnestly practice Wanhua's core values, and keep moving forward step by step, our grand blueprint will be realized soon!

Wish all of our colleagues and friends happiness, health, peace and success in the coming New Year!

Chairman: Zengtai Liao

December 31, 2018