Luoyang Jiawei Joint-stock Reform Ceremony: Draw a grand development plan together and create a brilliant new chapter On April 19, 2024, Luoyang Jiawei Bearing Manufacturing Co., Ltd. carefully prepared a milestone event on this spring day.This meeting not only marked an important turning point in the history of the company, but also marked the grand opening of a new journey for Luoyang Jiawei Bearing.

In this solemn and warm atmosphere, the company's shareholders, board members, supervisory board members and senior management gathered together to witness this historic moment - Luoyang Jiawei successfully completed the shareholding reform.The venue was elegantly and solemnly decorated, with elements symbolizing the company's steady progress and enterprising spirit intertwined and integrated, creating an atmosphere that not only demonstrated profound heritage but was also full of vitality and hope.Every participant was dressed in work clothes, with expectations and pride in their eyes. They knew that today's gathering was not only to celebrate the glorious achievements of the past, but also to jointly draw a grand blueprint for the future.

At the beginning of the meeting, Zhang Qicong, chairman of Luoyang Jiawei Bearing, delivered a passionate opening speech. He affectionately reviewed the company's development from scratch, from weak to strong since its establishment in 2007. The words flowed with emotion about the hardships of starting a business, admiration for the hard work of the team, and long-term support for partners and customers of deep gratitude.He emphasized that it was this perseverance and the power of unity that propelled Luoyang Jiawei Bearing to achieve a gorgeous transformation from a traditional manufacturing enterprise to a modern joint-stock company.Next, the meeting entered its climax.Under the breathless attention of all participants, the company's senior management solemnly announced: Luoyang Jiawei Bearing's shareholding reform work has come to a successful conclusion, and it has officially entered a new joint-stock era.This news shocked the entire audience like spring thunder, instantly igniting the joy and excitement of everyone present.The applause is overwhelming and lasting, which is an affirmation of Luoyang Jiawei’s persistence in innovation and reform over the years, and is also an eager expectation for the infinite possibilities in the future.During the meeting, the company introduced in detail the corporate structure adjustment, governance mechanism optimization, equity incentive plan and other contents after the share reform, demonstrating that Luoyang Jiawei will meet the strict test of the market with a more scientific and efficient management system and a more open and transparent operation method. At the same time, the company also shared the latest progress of its listing plan, describing a beautiful vision of accelerating industrial upgrading, broadening market territory, and enhancing core competitiveness with the help of capital.A particularly touching scene occurred at the end of the meeting, when the company expressed its sincere gratitude to its customers who have worked hand in hand for a long time.Luoyang Jiawei knows very well that every progress and every achievement of the enterprise is inseparable from the trust and support of our customers. Their companionship and growth are like flowers surrounded by flowers, giving Luoyang Jiawei endless vitality.

At this moment, Luoyang Jiawei Bearing solemnly promises to all customers: it will continue to provide high-quality products and services, continue to deepen cooperation, and jointly create and share a better tomorrow.The entire meeting was like a magnificent symphony, with both a fond look back at the glory of history, a warm celebration of change and rebirth, and aspirational ambitions for the future. This is not only an important milestone in the development of Luoyang Jiawei Bearing, but also a glorious chapter written by all shareholders, employees, customers and partners from all walks of life.With the success of the shareholding reform, Luoyang Jiawei Bearing is preparing with a high-spirited attitude to welcome the new journey of a larger market and jointly write a new legend for the rise of China's high-end manufacturing industry.

--By Darline