Liaoning Fangda Group Industrial Co., Ltd. (hereinafter referred to as “Fangda Group”) is a large, distributed, and multi-industry conglomerate with strong international competitiveness and diversified business interests underpinned by five major sectors of carbon, steel, healthcare, commerce, and aviation. Owned by Fangda Group, there are five large listed companies, which are Fangda Carbon New Material Co., Ltd. (hereinafter referred to as “Fangda Carbon”, stock code: 600516), Fangda Special Steel Technology Co., Ltd. (hereinafter referred to as “Fangda Special Steel”, stock code: 600507), Northeast Pharmaceutical Group Co., Ltd. (hereinafter referred to as “Northeast Pharm”, stock code: 000597), Zhongxing Shenyang Commercial Building (Group) Co., Ltd. (hereinafter referred to as “Zhongxing Commercial”, stock code: 000715), and Hainan Airlines Holding Co., Ltd. (hereinafter referred to as “Hainan Airlines Holding”, stock code: 600221); four NEEQ listed companies including Chengdu Carbon Material Co., Ltd, two large iron and steel joint ventures, Jiangxi Pxsteel Industrial Co., Ltd. (hereinafter referred to as “Pxsteel”) and Sichuan Dazhou Iron and Steel Group Co., Ltd. (hereinafter referred to as “Dazhou Steel”); one multinational heavy machinery manufacturer, Northern Heavy Industries Group Co., Ltd. (hereinafter referred to as “Northern Heavy Industries”); one large commercial circulation service provider, Tianjin Yishang Group Co., Ltd. (hereinafter referred to as “Tianjin Yishang”); and Liaoning Fangda General Hospital, together with other hospitals, which belong to the healthcare sector.

Fangda Carbon is the world’s largest carbon joint venture and the only company in China qualified to produce nuclear-grade carbon products. Fangda Special Steel is a production base of high-quality spring steel flat bar and automobile leaf spring; it is also an AAAA tourist attraction of China. Pxsteel is one of the largest manufacturers of steel used for construction in China. Dazhou Steel is an important production base of vanadium-titanium steel in Southwest China. Northeast Pharmaceutical is a crucial pharmaceutical manufacturing and export base in China. Liaoning Fangda General Hospital, which is under one-time planning and construction as a whole, is the nation's largest single-unit comprehensive hospital, with an investment approaching 10 billion yuan. Northern Heavy Industries is a national high-tech enterprise and a backbone in the heavy machinery manufacturing industry, known as the “cradle of China’s heavy machinery industry”, whose products are selling across the world. In terms of commerce, Zhongxing Commercial is one of the largest modern, multifunctional one-stop shopping malls in Northeast China, which integrates commodity sales, recreation and fitness, catering and entertainment. Tianjin Yishang focuses on department store retailing, commodity trade, modern logistics, and other commercial services, with the reputation of “the No.1 Business in Tianjin”. As the fourth largest aviation group in China, HNA Aviation Group owns operating bases located in major first-tier and second-tier cities and key tourist cities in China. It has two main bases plus two auxiliary ones in Beijing-Tianjin plus Hainan, and Guangzhou-Shenzhen plus Chengdu-Chongqing, while its flight routes cover key hubs including Shanghai, Xi’an, Kunming, Fuzhou, Zhengzhou and Urumqi. HNA Aviation Group has over 800 aircraft and around 2,000 routes, clocking over 20 million hours of safe flying with ZERO accident for domestic routes as of today. In 2023, it recorded ZERO serious incident and human-caused incident per 10,000 flight hours, ranking the top of the industry with such excellent flying performance. Moreover, it is worth noting that Hainan Airlines, a member of the HNA Aviation Group, is the first privately owned airline in China to receive the One-Star Award for Diamond Safety of Flight from CAAC. As the only Five-Star Airline in mainland China, Hainan Airlines has also upheld this prestigious Skytrax certification for 13 consecutive years since 2011.

Fangda Group is based in Beijing, with its financial and healthcare sectors headquartered in Shanghai. Its subsidiaries are spread across in more than 30 provinces, cities and autonomous regions such as Beijing, Shanghai, Tianjin, Chongqing, Liaoning, Gansu, Jiangxi, Sichuan and Hainan. The Group boasts total assets of more than 400 billion yuan and nearly 130,000 employees. In 2019, both sales revenue and total assets of Fangda Group exceeded 100 billion yuan. It continued to maintain stable progress in 2023 and achieved a sales revenue of over 300 billion yuan. The annual tax paid exceeded 10 billion yuan for seven consecutive years from 2017 to 2023. Fangda Group’s products are widely used in various fields, such as metallurgy, machinery manufacturing, engineering and construction, medical equipment, aeronautics and astronautics, healthcare, commercial circulation, public transportation, etc. As one of the China’s top 100 leaders in China’s strategic emerging industry, it has contributed to the revitalization of national industries, the accelerated growth of the country’s civil aviation, the improvement of people’s health and well-being, and the modernization of the country.

Fangda Group upholds the corporate culture of “centering business operations around the values of the CPC” and follows the guidance of the Party. It ensures that the Group’s growth strategy is always in line with the instructions of the CPC Central Committee. It has been committed to the corporate values “an enterprise must be beneficial to the country, the enterprise, the employees and the passengers”, and also embraces the concept of “Fangda Group develops for the employees, by the employees and to the benefit of the employees”, which foster a strong sense of belonging and drives the enterprise’s development. In addition to maintaining compliance with national policies, Fangda Group has introduced a series of special benefits including healthcare subsidies, free mobile phones and mobile stipends, filial piety fund, Fang Wei Encouragement Scholarship and Fangda pensions. Since its establishment, Fangda Group has spent more than 4.3 billion yuan on welfare policies. Shouldering the social responsibility of “giving back to society”, Fangda Group has made significant contributions to various charitable causes. Since 2005, the Group has funded the construction of 14 Hope Primary Schools in remote areas to address education challenges. In 2019, the Group donated 100 million yuan to Fushun City for poverty alleviation, education support, and other charitable initiatives. In 2020, the Group donated 300 million yuan to fight against COVID-19, ranking first among the manufactures on the national “Anti-Epidemic Heroic Enterprises List” and receiving the national honorary title of “Advanced Private Enterprise in Fighting the Epidemic”. Since May 2019, in response to the call of the CPC Central Committee with General Secretary Xi Jinping as the core, Fangda Group has invested 550 million yuan to support Dongxiang County in Gansu Province, a main battlefield of the fight against poverty, in achieving its scheduled poverty alleviation goals by promoting industrial development. In February 2021, it was awarded as the “National Advanced Unit for Poverty Alleviation” by the CPC Central Committee and the State Council. In 2021, Fangda Group supported flood control and disaster relief efforts in Henan Province by donating 100 million yuan in cash and emergency supplies worth 100 million yuan, and donated another 100 million yuan to assist flood control and disaster relief in Shanxi Province. As a result of these efforts, Fangda Group won the “Outstanding Contribution Award for Donation to Flood Control and Disaster Relief in Henan” and “Shanxi Charity Award Enterprise Donators”. In 2022, Fangda Group donated 25 million yuan worth of supplies to support epidemic prevention and control in Shanghai, Haikou and Sanya, and 10 million yuan in cash to Luding County in Sichuan Province, for earthquake-related emergency response, disaster relief and post-disaster reconstruction there. In 2023, Fangda Group donated 60 million yuan in cash and supplies to Beijing for flood control and disaster relief and another 50 million yuan in cash and supplies to Gansu Province for earthquake-related disaster relief. In September of the same year, Fangda Group won the 12th “China Charity Award”, and won the “Outstanding Contribution Award” of the Red Cross Society of China in March 2024. Overall, Fangda Group has donated more than 5.4 billion yuan to public charity, poverty alleviation, rural revitalization, and social responsibility initiatives in recent years.

Looking forward to the future, Fangda Group aims to become a leading international conglomerate with clear focuses, scientific management and strong core competitiveness, and aspires to have significant influence that can drive progress in relevant fields. It will actively undertake social responsibilities and make contributions to society, striving to build a sustainable and high-performing Group focused on long-term development.