As time flies, 2025 has come to an end. This year, Suzhou Hengsian Protection Technology Co., Ltd. forged ahead steadily in the tide of the times. Adhering to its original aspiration and mission, taking culture as the foundation and innovation as the wing, the company devoted itself to the field of personal safety protection, and wrote a new chapter of high-quality development with solid work and perseverance. Looking back on the past, every step of growth embodies the efforts and wisdom of all Hengsian people; looking forward to the future, we are full of longing and stride forward courageously towards a broader blueprint.

I. Forging the Soul with Culture and Gather the Internal Driving Force for Development

Corporate culture is the spiritual banner of enterprise development and the core code for Hengsian to achieve steady and long-term progress. Since its establishment, the company has established the enterprise spirit of "Perseverance and Vigilance in Peace Time", which runs through every link of production and operation, technological research and development, and customer service, and has become the code of conduct and value pursuit of all employees. "Perseverance" demonstrates our ultimate commitment to quality and unremitting exploration of technological innovation. No matter how the market changes, we always focus on the field of personal safety protection, and strive for excellence with intensive cultivation. "Vigilance in Peace Time" reminds us to always maintain a sense of crisis, actively perceive market changes, predict potential risks in the rapid development of the industry, and lay out future development with a forward-looking vision.

Upholding the company tenet of "Providing comprehensive personal safety protection solutions and committing to improving the living environment of human beings" and the development philosophy of "Creating excellent quality and achieving a better life", Hengsian has always integrated responsibility and commitment into the blood of enterprise development. Internally, we have built an open, inclusive, collaborative and progressive team atmosphere, attached importance to talent training and value realization, enabling every employee to shine in their positions and forming a strong synergy of concerted efforts from top to bottom in tackling difficulties. Externally, we adhere to the principle of honest operation, take customer needs as the guide, win market trust with reliable products and professional services, and establish a good industry reputation.

II. Taking Time as Evidence and Outlining the Steady Development Context

Looking back on the development course, every step of Hengsian has been solid and powerful. From the silent hard work in the initial stage of establishment to becoming a professional protection technology enterprise with more than ten years of customized production experience for Fortune 500 companies, we have continuously grown and transformed in the precipitation of years. In the initial stage of entrepreneurship, the company focused on core technology accumulation and product system construction, and gradually gained a firm foothold in the market and won the recognition and trust of the first batch of customers by virtue of its profound understanding of the protection industry and strict control of quality.

With the development of the industry and the upgrading of market demand, Hengsian has acted according to the situation, taken the initiative to seek changes, continuously expanded business boundaries, optimized product structure, and transformed from a single product supplier to a provider of comprehensive protection solutions. Over the past ten years, we have experienced industry iteration and market tests, always adhered to the core track, continued to make efforts in technological research and development, production and manufacturing, market expansion and other aspects, and gradually built a sound industrial chain layout and mature operation system, becoming an influential enterprise in the field of personal safety protection. The achievement of every milestone is inseparable from the joint efforts of all employees and the strong support of customers.

III. Empowering with Solid Work and Demonstrating Brilliant Achievements in 2025

2025 is a crucial year for Hengsian to anchor strategic goals and achieve high-quality development. With the joint efforts of all employees, the company has made remarkable achievements in various work, and its performance is in line with the annual development plan, showing a good momentum of breakthroughs in multiple areas and all-round improvement.

In terms of technological innovation, we keep up with the development trend of the industry, focus on cutting-edge technical directions such as AI-driven, independent and controllable, and multi-modal perception, increase R & D investment, and promote the iteration and upgrading of core technologies and products. By optimizing the R & D system, strengthening industry-university-research collaborative cooperation, we have successfully broken through a number of technical bottlenecks, launched a variety of safer, smarter and more scenario-based protective products, further enhanced the company's core competitiveness, and provided more comprehensive and efficient protection solutions for the market.

In terms of market expansion, we have deepened the existing customer resources, strengthened cooperation stickiness, and actively developed new market areas and customer groups, achieving important progress in key fields such as government, finance, energy, and high-end manufacturing. Relying on excellent product quality, customized service capabilities and good brand reputation, the company's market share has steadily increased, brand influence has continued to expand, and its advantageous position in the industry has been further consolidated.

In terms of operation and management, we have continuously optimized the internal management system and improved production efficiency and service quality. By improving the production process and strengthening quality control, we ensure the timeliness and reliability of product delivery; at the same time, we optimize the after-sales service system to provide customers with full-cycle and professional service support, significantly improving customer satisfaction and loyalty, and laying a solid foundation for the company's long-term development.

IV. Guided by Vision and Mapping Out the Development Blueprint for 2026

The new year ushers in a new journey. 2026 is an important opportunity period for Hengsian to achieve leapfrog development. Taking the achievements of 2025 as the starting point, we will adhere to our original aspiration, forge ahead courageously, focus on the following key directions in accordance with the company's development strategy, and continue to write a new chapter of high-quality development.

Continue to deepen technological innovation and build core competitiveness. We will keep up with the wave of technological development in the industry, increase R & D investment in AI large models, full-stack independent and controllable technologies, multi-modal perception fusion and other fields, accelerate the transformation of technological achievements, launch more innovative products and solutions that meet market demand, promote the upgrading of protection technology towards intelligence, precision and scenario-based, and strive to achieve greater breakthroughs in core technology fields.

Optimize product and service system and improve market adaptability. Combined with the protection needs of different industries and scenarios, we will further enrich the product matrix, strengthen customized service capabilities, and provide customers with full-life-cycle safety protection services. At the same time, we will continuously improve the after-sales service network, improve the speed and professional level of service response, and repay customers' trust with better experience.

Strengthen team building and brand building, and gather development synergy. Attach importance to talent echelon construction, improve talent training and incentive mechanisms, attract and retain outstanding talents in the industry, and build a professional, efficient and creative core team. At the same time, increase brand building efforts, enhance the visibility and reputation of the Hengsian brand through multi-channel and multi-dimensional brand communication, and establish an industry benchmark image.

V. Striving for Distant Development through Cooperation and Building a Safety Protection Ecosystem

After more than ten years of trials and hardships, Hengsian's growth is inseparable from the support and companionship of every partner. We deeply understand that only by walking hand in hand can we create win-win results and build a more complete safety protection ecosystem. In 2026, adhering to the cooperative philosophy of openness, inclusiveness and win-win, Hengsian looks forward to reaching in-depth cooperation with more new and old customers and partners, and jointly exploring new opportunities and possibilities in the field of safety protection.

We will provide customized solutions and comprehensive service support for every partner with a sincere attitude, professional capabilities and high-quality products, share development achievements and shoulder development responsibilities with partners, work together in the field of personal safety protection, and contribute more to improving the living environment of human beings and safeguarding the safety of every life.

The past year has unfolded a splendid picture; the new year will scale new heights. In 2026, guided by the enterprise spirit of "Perseverance and Vigilance in Peace Time", Suzhou Hengsian Protection Technology Co., Ltd. will forge ahead with more firm faith, more pragmatic style and more innovative measures, and work together with all employees, customers and partners to start a new journey of safety protection cause and write a more brilliant future!

Suzhou Hengsian Protection Technology Co., Ltd.

December 31, 2025