2024 New Year's message

      Hello everyone!

      Time flies, and a new year dawns. We bid farewell to the old year and greet the new.
 

      With the new year's beginning, all things are possible. China Zhongji Investment extends New Year's greetings and sincere gratitude to all levels of leaders, partners, and friends from all walks of life who have cared for and supported Zhongji's development over the past year!
 

      2023 was the opening year for the comprehensive implementation of the spirit of the 20th National Congress of the CPC, and it was also an extremely challenging and extraordinary year in the development history of China Zhongji Investment.
 

      This year, internationally, the Russia-Ukraine war was protracted, and the Palestinian-Israeli conflict reignited, accelerating instability and change. Domestically, the real estate industry crisis spread deeply, wealth management company defaults triggered market crises, the A-share index remained sluggish throughout the year, and the market was volatile and unpredictable. Despite the complex and changing macroeconomic environment and the challenges that arose, we at Zhongji remained true to our original aspirations, met challenges head-on, overcame difficulties together, and achieved stable operation throughout the year.
 

      This year, we achieved good results in the PE/VC equity field, welcoming the listing of our invested project Yatong Precision and the completion of projects such as Chenglian Keda, Gence Technology, and Xinyihu Materials; at the same time, the orderly exit of listed projects such as Haiguang Information, United Imaging Medical, and Jianghang Equipment achieved excellent returns and cash flow for investors and the company, and further optimized resource allocation. A number of projects, including Xuanzhu Bio, Lubon Instruments, Yiswei Materials, Ligong Shuchuan, Suiyuan Technology, and Inspur Cloud, have applied for or are about to apply for IPOs, waiting for the year to reveal pleasant surprises.
 

      This year, we had a "special and extraordinary" year in the area of special opportunities investment. High-yield debt business achieved good returns against the market trend. In the environment of a sharp drop in a large number of real estate bonds, various products performed well through a comprehensive configuration and trading of long-term local government bonds and leading real estate bonds; in addition, based on a flexible trading strategy, we created a "monthly opening" product, which provides higher returns while fully meeting investors' personalized liquidity needs, and is very popular among investors. The non-performing asset business has established a unique and effective disposal model in the industry, adhering to the principle of prioritizing risk management. The NPL asset portfolio, bankruptcy restructuring + common benefit bonds, and distressed real estate restructuring projects currently under management have achieved high returns while maintaining stability, realizing a win-win situation for capital, government, and distressed enterprises, and fulfilling the social responsibility of restructuring and revitalizing distressed enterprises.
 

      This year, we sincerely thank our partners for their understanding, support, and assistance. In the face of extreme market challenges, we have always stood with our clients, upholding the principle of putting clients' interests first. Our mutual support has enabled us to overcome the market's most severe challenges and move steadily forward.
 

      May hopes and dreams take flight together, and may vitality and opportunities dance together. We will continue to adhere to the principle of prioritizing risk control, maintain innovation and progress, and forge ahead with even greater enthusiasm and a more pragmatic approach to create a new chapter!
 

      As a new year begins, and seasons change, we look back at the past and contemplate the future; we must strive with all our might to seek it, strive with firm belief to plan it, strive with diligence to achieve it, and strive with steadfast determination to carry it out!
 

      The sun and moon are constant, illuminating the vast universe; let us condense the ink of time, painting ten thousand points of spring on the road ahead.
 

      2024: Let us not dwell on the past, but live fully in the present, without fear of the future, and true to our original aspirations!
 

      Happy New Year! May you be healthy and happy!

                                  China Zhongji Investment Co., ltd.

                                    January 1, 2024