Review of Development Highlights of Nanshan Holdings in 2024

With the changing of times,brilliant chapters are constantly being written anew.In 2024,with the aim of fostering high-quality development of modern enterprises,all Nanshan staff stand united and resolute,pushing forward with vigor across all sectors,industries under Nanshan thrived and progressed hand-in-hand,forging ahead steadily on the road to integrated development,marking a richly significant chapter in our quest to cultivate a legacy that will endure for centuries and to lay the foundation for an educational tradition that will last for millennia.

In 2024,Nanshan is ranked as follows:

Ranked 161st among the Top 500 Chinese Enterprises,advancing 36 places compared to last year;

Ranked 78th among the Top 500 Chinese Manufacturing Enterprises,advancing 17 places compared to last year;

Ranked 49th among the Top 500 Chinese Private Enterprises;

Ranked 33rd among the Top 500 Chinese Private Manufacturing Enterprises;

Ranked 11th among the Top 100 Comprehensive Enterprises in Shandong Province;

Ranked 3rd among the Top 200 Private Enterprises in Shandong Province.

Nanshan Aluminium(stock code:600219)

Deeply cultivating high-end products,with firm steps in overseas expansion

In 2024,Nanshan Aluminium achieved remarkable performance with growth in both revenue and net profit,demonstrating its strong development momentum.In the third quarter,the Company achieved an operating revenue of 24.226 billion yuan,a year-on-year increase of 11.7%,and the net profit attributable to the parent company was 3.49 billion yuan,a year-on-year increase of 62.94%.

The impressive performance can be attributed to Nanshan Aluminium's implementation of its international expansion strategy.The 2 million-ton alumina project built in PT Bintan Alumina Indonesia is operating at full capacity,providing a stable growth driver for the Company's performance.

Meanwhile,Nanshan Aluminium adheres to its development strategy of"innovation-driven,high-end manufacturing and deep processing",and frequently appeared at international exhibitions,where its high-value-added products and technologies,such as automobile sheets and aerospace plates,have won widespread recognition in the market,consolidating its leading position in the industry!

Nanshan Fashion(stock code:300918)

Collaborative efforts across the entire industry chain

On November 29,2024,Nanshan Fashion successfully launched its annual 80,000-ton production project for high-performance differentiated nylon filament.

Nylon products can be widely applied in various fields such as apparel,outdoor sports equipment,automotive interiors,and industrial applications,offering very promising development prospects.

Over the past year,Nanshan Fashion has focused on enhancing the environmental friendliness and functionality of wool fabrics,continuously operated its apparel brands,and innovated in the research,design,and manufacturing of finished garments,as well as strengthened its core business while exploring new opportunities,actively expanded into new materials sector,and achieved full load production of ultra-high molecular weight polyethylene projects and high-performance differentiated nylon filament projects,realizing the coordinated development of the entire industry chain!

Hengtong Logistics(stock code:603223)

Seize new opportunities to broaden the business chain

On September 6,2024,the Yulong Island Port Terminal of Hengtong Logistics was put into operation;on October 9,the Yulong Island Port warehouse area of Hengtong Corporation was put into use,marking the Company's entry into a new journey of rapid development.

Throughout 2024,Hengtong Logistics grasped emerging opportunities,progressively broadening its business operations.It has planned and developed maritime transportation business,applied and standardized identifier resolution technology in the logistics sector,promoting digital transformation and the vigorous development of the data information industry.

Yulong Petrochemical

Shift from the construction phase to production and operation phase

On September 25,2024,the facilitates of Phase I Refining Series II and Chemical Series I facilities of Yulong Petrochemical,were successively put into operation,marking an important step forward in the structural adjustment and transformation upgrading of Shandong's petrochemical industry.

Yulong Island Refining and Chemical Integration Project is a landmark initiative that fully implements the transformation from old to new growth drivers.As a major national productivity project and the largest single investment project in Shandong Province,it has the most advanced central control room and the largest ethylene plant in China,showcasing a new look of a high-end green and intelligent petrochemical industry base!

New Nanshan Chemical

Anchor industry advancement goals and accelerate project construction

On September 22,2024,the Lijin High-End Chemical Industry Park of New Nanshan Chemical commenced construction,marking the start of the methylethanolamine project construction.

In 2024,New Nanshan Chemical advanced the engineering design of the nylon new materials project in a systematic way and successfully completed and put into operation the packaging film project.From Nanshan to Lijin,from visionary planning to concrete construction,New Nanshan Chemical is boldly advancing towards the goals of aggregation and specialization in the high-end chemical industry!

Nanshan Finance

Strengthen information technology empowerment and promote refined management

In December 2024,Nanshan Finance Shared Center was fully launched,further improving work efficiency and promoting the improvement of enterprise informatization and management level.

During this year,Nanshan Finance deepened its management system reform,continuously optimized liquidity management,deeply cultivated both domestic and international capital markets,and consolidated the foundation of its globalization strategy,thereby building a strong financial backing to support the Company's sustained,stable,and high-quality development!

Nanshan Education

Cultivate morality and foster talents,symbolizing successful education and accomplished students

On November 20,2024,Yantai Nanshan University welcomed its 2024 international freshmen.More than 50 international students from around the world embarked on a new university life in Nanshan,demonstrating the increasingly solid internationalization of Nanshan Education.

Over the past year,Nanshan Education has achieved remarkable results in high-quality education at all levels.Yantai Nanshan University was committed to building a high-level applied university,with synchronous resonance in school-enterprise cooperation and integrated education-research-production to cultivate new drivers of development for Nanshan,achieving abundant results in faculty-student competitions and talent cultivation.

Yantai Nanshan Vocational Technology School achieved another record-high performance in the Spring College Entrance Examination,underscoring its commitment to balancing students'professional skills with cultural literacy,leading Shandong Province with its reputation as the"Top School for Spring College Entrance Examination".

The implementation of the"Five-Education Approach"in basic education has achieved remarkable results,Nanshan Bilingual School successfully hosted a national on-site conference themed"Depth and Passion",and the reputation of the efficient class was well-known!

Nanshan Cultural Tourism

Upgrade systems and infrastructure to build a cultural tourism brand

On December 31,2024,the"Good Fortune Shandong"2024 Ice and Snow Series Events and the Ice and Snow Carnival of Shandong Province were held at the Shandong Nanshan International Ski Resort.

In 2024,Nanshan Cultural Tourism focused on building the"Nanshan Blessed Land,More Visits,More Blessings"brand,enhancing the quality and upgrading various business segments,and deepening industrial synergy.

The Nanshan Tourism Scenic Area offers a rich array of distinctive activities,with its light and water shows creating dreamlike experiences;multiple hotels have been refreshed and reopened,enhancing the reputation of the provincial health and recuperation base;the international golf club's lush green courses have undergone comprehensive upgrades,hosting top-tier tournaments that showcase international standards;the Phase II of the international ski resort was smoothly operated,establishing Nanshan as the premier winter skiing destination in Shandong Province under the slogan"Winter Tourism to Nanshan"!

Nanshan Health

Write a new chapter on public well-being

On January 26,2024,Phase II of Longkou Nanshan Health Valley Cancer Hospital was officially put into use,marking the further improvement of the hospital's functional areas.

Throughout 2024,Longkou Nanshan Health Valley Cancer Hospital continued to improve its medical infrastructure,welcomed the establishment of well-known expert studios,continuously enhanced its comprehensive strength and medical service level,and focused on creating an embedded medical and elderly care integrated service model to safeguard the health of the people!

Nanshan Culture and Sports

Promote the main melody and spread positive energy

On June 1,2024,the"2024 Chinese Film Directors'Night"sponsored exclusively by Nanshan was grandly opened at the Yantai Bajiaowan International Convention&Exhibition Center,showcasing Nanshan's strong brand strength.

In 2024,Nanshan actively carried out various forms of cultural and sports activities,presenting visual feasts for tourists through light and water shows;cultural performances and sports activities enriched the spiritual and cultural life of cadres and employees,showcasing the healthy vitality and spirit of unity and hard work of the people of Nanshan,and consolidating the strength of progress!

With favorable winds and full sails,Nanshan strives diligently to usher in a new era.In 2025,Nanshan staff will continue to promote the Nanshan spirit of"loyalty,responsibility,diligence,and dedication",be guided by the principle of"integration,optimization,innovation,improvement,and development",promote high-quality development through refined management,go forward hand in hand and expand our grand plans again on the journey of"building a century old Nanshan and establishing a thousand-year-old education"!