In order to timely summarize the business management experience since 2023, clarify the key work arrangements from September to December, better achieve the annual business management goals, and commend individuals who have made outstanding contributions in the A+round financing work, set an example, and stimulate the enthusiasm of all employees, Hefei Konsemi  Storage Technology Co., Ltd held a grand business summary and A+round financing work commendation conference on August 29, 2023. The management team, department heads, and employee representatives of the company gathered together to review their struggle and draw up a development blueprint.

At the beginning of the meeting, the company's president Xiong Fujia first introduced the overall business situation of the company and the key work arrangements for September to October. He comprehensively analyzed the operating situation of various business sectors since January 2023, from product research and development, market expansion, supply chain management to team building, and comprehensively sorted out the achievements and shortcomings from multiple perspectives. Data shows that since the beginning of this year, the company has continued to make efforts in the field of embedded storage control chips, with steady growth in sales of eMMC series products. UFS's new product development is progressing according to plan, and positive progress has been made in technological innovation and market breakthroughs. While fully acknowledging the achievements, Xiong Fujia also made detailed arrangements for the next stage of work, clarifying the key tasks and annual business indicators from September to December, requiring all departments to anchor goals, refine measures, and implement them vigorously to ensure the successful completion of the annual target tasks.

Subsequently, the conference entered a grand and enthusiastic commendation session. In the just completed A+round of financing work, the company has emerged a group of outstanding exemplary individual who have made important contributions to the smooth progress of financing work with professional quality, professionalism and efficient implementation. The conference solemnly commended 25 outstanding employees, presented them with honorary certificates and prizes, and fully affirmed their sense of responsibility and professional ability demonstrated in this financing work. The company leaders call on all employees to take the advanced as an example, continue to work hard and inspire each other, learn from their work style of "integrity, honesty, and every second counts", shine in their respective positions, and jointly promote the continuous progress of the company's various work.

After the commendation ceremony, representatives of the board of directors and shareholders who attended the meeting spoke successively, providing guiding opinions on Konsemi 's various work. They affirmed the company's business performance in a complex market environment, congratulated on the successful completion of the A+round financing, and had high hopes for future development. The representative of the board of directors pointed out that as one of the few domestic enterprises that has mastered the core technology of embedded storage control chips, Konsemi  is currently in an important strategic opportunity period for the development of the integrated circuit industry. They hope that the company will continue to adhere to independent innovation, consolidate its technological foundation, accelerate product iteration, and continuously enhance its market competitiveness. The shareholder representative stated that they will continue to support the company's development and look forward to Konsemi  making greater breakthroughs in the field of storage control chips, contributing to the domestic storage industry.

The attending representatives unanimously agreed that Konsemi  has a clear development strategy, solid technological accumulation, and excellent team support, and is full of confidence and determination for future development. Around the goal of listing on the Science and Technology Innovation Board, the company will adhere to the value pursuit of "integrity, honesty, racing against time, contributing to society, and achieving life", forge ahead, strive hard, and continuously improve business efficiency and innovation capabilities.

At the end of the conference, the company's management stated that they will carefully sort out and implement the opinions and suggestions put forward by the board of directors and shareholders, and take this business summary and commendation conference as a new starting point to further consolidate consensus and stimulate enthusiasm. All employees will never forget their original intention and mission, work diligently in building product differentiation advantages and enhancing the overall industry chain capabilities, continuously improve the company's profitability and operational efficiency, and strive to deliver satisfactory results to the industry, government, shareholders, and other parties, contributing to the development of the national storage industry and the group's strategic development.

This conference is not only a summary meeting to summarize experience and commend advanced individuals, but also a mobilization meeting to unify thinking and boost morale. All members of Konsemi  will work hard in the field of storage control chips with a more vigorous fighting spirit and pragmatic style, striving towards the goal of "international advanced and domestic leading", and writing a new chapter worthy of the times with hard work.