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The Glory and the Dream

2020-07-21

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Chairman of the Board: Li Junfeng ?

May 29th 2000 is a memorable day in history. Advanced Technology & Materials Co., Ltd.(AT&M) underwent a successful IPO issuing 60 million of A share on the Shenzhen Stock Exchange. With the bell rings, registered capital has reached CNY 880 million.

As time went by,AT&M has been listed for 20 years. It’s my honor to witness AT&M’s reorganization, transformation and listing, personally participated in it and witnessed the development of the company. When I look back at the ups and downs of the past 20 years, I am full of feelings.

Looking back, the history of AT&M is deep in my mind. The reform of the shareholder structure in listed companies was succeed in 2005. The stock options plan was approved by China securities regulatory commission (CSRC) in 2008. AT&M enter into SZSE 100 index component stock and CSI 300 index respectively from 2006. Heye Special Steel Co., Ltd., ATTL Advanced Materials Co., Ltd., MAGCO Technology Co., Ltd were Merged from 2003 to 2019.

Over the past 20 years, AT&M has been developing and growing up from small to large, from weak to strong, step by step. It is specialized in four business segments, such as Advanced Functional Materials and Products, Special Powder Metallurgical Materials and Products, High Quality Special Steel and Welding Materials, Environmental Protection and High-end Technology Services Widely recognized by the community, customers and partners.

Every progress and every honor of the company is the result of the hard work of all staff. It involves the sweat and effort of all staff. On this important day, I would like to express my gratitude to all members of AT&M.

Thanks to all the staff. We are fighting together and experienced ups and downs, shared the joys and hardships, and had songs, laughs, toil, bitterness all the way.

Thanks to the previous board of directors, the president team and all management team. Facing severe and complex situation we can always unite and lead all staff to overcome all the difficulties.

Thanks to the China Iron & Steel Research Institute Group (CISRI), sister companies and stockholders. You trust and support us all the time.

Thanks to our customers, suppliers, and leaders of different levels, financial institutions, intermediaries, media and all our friends. We help each other and cooperate sincerely.

Experienced rapid development for more than ten years, AT&M has encountered the unprecedented bottlenecks under the interwoven effect of internal and external factors. However, we showed great perseverance in the face of difficulty, and has taken many measures to reform and adjust to break through to get AT&M got back on the normal track.

In 2019 , AT&M’s Prime Operating Revenue and Operating Cash Flow hit records . Net Profit and Return on Equity get the best record in the past eight years. “No Cross, No Crown”. With years of continued effort by our staff, AT&M has got sustained and stable development.

Every cloud has a silver lining. Even though there are too many difficulties in the past 20 years, we are passionate and positive about our future. The year of 2020 is the end of the 13th five-year plan, and also the start of the 14th five-year plan. AT&M is standing at a new point and will start our journey again.

Our spirit of enterprise is “Heaven rewards diligence, humanity rewards kindness, business rewards credit, and industry rewards excellence”. Facing with severe competition and heavy impact of the sudden epidemic situation, we will maintain strategic focus and strengthen confidence in development. In good state, in more solid style , with excellent operation performance, with better products and services, ?we will continue to create value, benefit society, return to shareholders and treat staffs well.

Let us carry the glory and dream, toward the better future together!

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