Respected shareholders, strategic partners at home and abroad, friends , and dear employees:
How time flies! With 40-year Reform and Opening Up, the historical changes and achievements have been made in China; stepping into the year of 2019 and entering into the 70th anniversary of the founding of The People’s Republic of China, time brings a great change to the worlds and history marks the new goals! On behalf of the board of directors, I would like to express the sincere Spring Festival blessings to our shareholders, strategic partners domestic and abroad, all employees and their families and tothose who havealways cared about thedevelopment of the company on this wonderful day of New Year celebration and family reunion!
Time is the greatest writer, faithfully records all the endeavors. 2018 is a year that ShuhaiInformationcompleted high quality development with constant efforts.
During this year, adhering to the development philosophy of “promoting innovation through partnership, winning customers with customized services and value mutual benefit”, deepening industrial layout and continuously improving overall planning, we determined to work hardand overcame the difficulties. At the same time, strategic upgrading, capital management, technology research and development and project landing have been improved in general.We have successfully completed the macro-control objectives and enhanced the momentum of high-quality development, so as to get uplisted to the NASDAQ capital market in the United States.
For the past year, we expanded strategically in domestic and watch the global market closedly. On the basis of strengthening the core businesses such as smart security and safe campus, we implemented the blue ocean strategy. With the smart security system as the core business, driven by maker innovations, guided by the innovative business model and customized solutions, we will vigorously promote the implementation of the Shuhai strategy
It was a year that we continued to adopt high-tech and intelligent applications in the smart security industry, strengthening technological R&D innovation, and improving the comprehensive service capabilities on the smart security system platform.
It was also a year that we continuously upgraded the enterprise management system,optimized the company's architecture system, strengthened the human resources system, gathering outstanding talents, comprehensively improved the company's operational efficiency and management, strengthening brand-buildingand established the international brand image.
As time goes by, the fighter will never cease to advance. At present, with the private-operated company stepping into a new era facing great opportunities and changes, adhering to innovation and establishing a great company, Shuhai information aligns with policies to seize opportunities and developing at full speed. In 2019, with the international vision, guided by the international capital market, shuhai information will promote the construction of multi-level, three-dimensional smart security system that puts "smart+ security" as the core. Focusing on resource integration, the market value will be added via industrial collaboration andoptimal use of capital; the company will give priorities to“new technology research and development and new product market”, believing inindependent innovation, and actively exploring emerging products and markets. With the strategic expansion, including the core of future development, we will make steady progress and achieve the goal of building a “high-quality, professional and development-oriented”enterprise and implementing the “N+1” work plan. The system, “1” means the main business,“N” is the combination of policies, projects, technology, talents and other factors to achieve the company's“1+N” integration development; it aims at market demand, focusing on the future development direction, extending product value chains, building a new pattern of diversified development to promote more stable operation of various sectors.
We will continue to make steady progress and chase our dream. The year of 2019 still needs us to work hard, run the business with firm belief, take control of our future and deliver betterservice via positive altitude, closely cooperation, endless hardworking and active innovation. With best efforts, the company will continueto benefitfrom the past and embrace the brighter future.
Cautionary Note Regarding Forward-Looking Statements
This speech may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future","intends", "plans", "believes", "estimates", "target", "going forward", "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission, which are available at
www.sec.gov. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
