FAMSUN President's New Year Message for 2022

Dear colleagues, friends, ladies, and gentlemen,

Happy New Year!

We have a group of dedicated people who have stayed at their positions, whether in China or overseas, through hardship and overcome obstacles to deliver solutions and help customers improve operations. Also, we have a group of brave pioneers who try to make changes in our products, solutions, and services to create new growth drivers for FAMSUN. They innovate our business model by introducing digital tools and advanced management skills to achieve FAMSUN resilience, agility, and internal efficiency. Throughout the year, our employees live on to 'Customer-centric' and put in their best to shape FAMSUN's future in the agri-food industry. Thanks to the efforts and wisdom of our people and because of the support of our customers, suppliers, partners, and friends from all walks of life, FAMSUN has received much in 2021.

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Operationally, FAMSUN Group reports a strong result with all financial indicators growing significantly in 2021. All our business units make their breakthrough performance despite the hardy environment. We have launched a group-wide digital transformation this year, which, in return, has improved the internal efficiency of our organization and allows FAMSUN to provide new value in the coming years. By further developing and simplifying our business processes with the FPD 2.0 tool, we have ensured customer orders delivery as expected and created satisfied customers worldwide despite the pandemic.

As the impact of the pandemic, consumers demand more locally produced, safe, quality, and nutritious food. To support our customers to improve their production for new growth, we have taken several initiatives to accelerate FAMSUN's globalization and localization and expand our local capability. Over ten webinars supported by FAMSUN's global experts were held successfully in 2021 to focus on the most interested topics for customers in different regions. About 40 local professional engineering and service teams have been partnering with FAMSUN in the agri-food value chain around the world.

The 'International Talents' training program has fostered 107 exceptional multinational talents and experts to enrich FAMSUN's local manufacturing, sales, engineering, services, and management teams worldwide. Most notably, our comprehensive strength has won FAMSUN great honors with the '2021 China National Pilot and Demonstration Entity' for promoting the integrated development of next-generation IT and manufacturing technology, the 'Secretariat Unit of Feed Machinery Technical Committee of ISO', and the 'China National Manufacturing Single-Segment Champion Demonstration Enterprise'. FAMSUN is the only company been awarded these honors in the agri-food sector in China.

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Dear colleagues and friends, FAMSUN's extraordinary progress is not possible without you.

On behalf of FAMSUN, I would like to take this occasion to extend my new year greetings and wishes to all hardworking, dedicated FAMSUN people and your supportive families. I also want to express my sincere respect and best wishes to our customers, suppliers, partners, and friends from all walks of life who have been trusting and supporting FAMSUN's growth all the years in different ways. Wish you all a happy, healthy, and prosperous New Year!

Looking ahead, 2022 begins with positive developments - the global economy grew, goods trade rebounded, food commodity prices have begun to stabilize - and combined with big issues like the omicron variant, climate change, and increasing food insecurity. We are all clear that the world cannot address these issues without addressing food, while science, technology and innovation are the keys to a better food security system.

As a leading global technology company, FAMSUN will continue to adhere to our mission of 'Creating value, realizing dreams, and contributing to the society' and our vision of 'Creating a secured, affordable and sustainable food future and making life better for all' and take 'Customer-centric' as our behavior principles to achieve high-quality growth through innovation, transformation, investing in people, and making development greener and more sustainable in 2022 with following underlines:

First, building a full aspect supporting system to accelerate FAMSUN's globalization and localization. So, we will further localize worldwide with the strong support of group-wide, global-rich resource and investment plans in all operational aspects to ensure more customers in different parts of the world benefit from FAMSUN's leading, whole supply chain, integrated solutions in the coming years.

Second, transforming our sales and service model to create new values for our customers with a more cohesive ecosystem that allows for more partnerships, connections, interactions, collaborations, and trust.

Third, as a technology supplier, FAMSUN will continue to fuel high-quality development with science, technology, and innovation by increasing our R&D budget and driving the necessary transformation such as digitalization and sustainability.

Fourth, to build up a streamlined organization, in which productivity elements are well organized into standard operation processes scientifically and optimally to improve the quality of our products, projects, and services and enhance FAMSUN's local and global order delivery capability and efficiency as well.

Fifth, to foster a corporate culture that leads to satisfied customers with happy employees. We will continue to embed diversity, equity, and inclusion in our culture and make every employee feel appreciated, valued, and respected by FAMSUN, regardless of gender, race, religion, color, nationality, educational background, family, and hobby. We believe happy employees can create a sense of belonging and engagement in the organization, which will drive them to go the extra mile to serve our customers and create a better customer experience. By knowing the real demands of customers, they can better contribute to the growth, transformation, and sustainable development of our customers' businesses.

Dear colleagues and friends,

We have been working to facilitate global food supply, improve productivity, and create new values by providing advanced, responsible, and sustainable agri-food production systems to the world. Every piece of your efforts will contribute to better production, better nutrition, a better environment, and a better life for all.

Let's seize the day and live it to the fullest and continue to deliver with even more extraordinary efforts in 2022, leading to an increasingly sustainable, secure, and progressive food system for the world.

Thank you!

by: Richard Fan - Chairman & President - FAMSUN Group

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