南宫NG28

Embracing Change and Adapt to the New Economic Pattern

After nearly 20 years of development and precipitation, CTI has become a leading enterprise in China's private third-party testing and certification industry. In 2022, we upgraded the Group's core values as follows: integrity, team, lean, innovation, and customer first. The upgrading of the core values is based on the profound corporate culture foundation of the group, and complies with the transformation and iteration of the new economic form. The market is constantly changing, we need to embrace change, innovate and develop, we need to continuously improve and efficient operation through the implementation of lean culture, we need to achieve customer first through professional services and win-win cooperation. The upgrade of values marks the official step of a new development mileage, we must make progress, steady and far.

Industrial Layout to Help Modern Industries

We need to vigorously develop the real economy for building the modern economic system. We have constantly consolidated our market leadership and competitiveness in the fields of food, environment, chemical reliability and other fields, and laid out new emerging market areas such as medicine and health, semiconductor chips, new energy vehicles, and "dual carbon" businesses. In this year, we entered the semiconductor chip field to further improve our industrial layout in the semiconductor field of testing. We increase the investment in Internet of Vehicles, power battery, automotive electronic reliability and automotive EMC to further accelerate the development of new energy business. And we promote the acquisition of aviation material testing qualification to further promote the development of aviation material testing.

Green Development to Create Sustainable Value

We provide global customers with one-stop testing, inspection, certification, measurement, audit, training and technical services to help customers identify environmental risks, reduce environmental impact, achieve green production, and help customers achieve greener and healthier sustainable development. Our services of ESG and green financial can help enterprises achieve green and low-carbon transformation. In the future, we will continue to improve the testing and certification service system, and adhere to improving the enterprise's ESG management level and low-carbon practice.

Win-win Cooperation and Fulfill Social Responsibility

As a pioneer and leader of the third-party testing, inspection and certification service industry in China, we actively communicate and cooperate with peers and scientific research institutions for pursuing the ultimate professional level and technical services. We are committed to becoming a competitive international testing and certification agency to achieve sustainable development, and to continuously create value for our stakeholders, including shareholders, employees, customers, government and regulators, the environment, partners, suppliers, communities, etc.

Long as the journey is, we will surely reach our destination when we stay the course. In the future, we will continue to improve the quality of work and service, uphold the mission of delivering trust for quality life. We will work hard and forge ahead, and actively promote the sustainable development of the whole society towards more healthy, safe, environmentally friendly, energy-saving and sustainable direction.

—— PRESIDENT of CTI：