亲爱的同事们：

各人好!

我们刚刚盛大庆祝了今年会官网建设40周年，，，，，总结了公司波涛壮阔的四十年生长历程，，，，，展望了充满挑战、充满希望的灼烁未来，，，，，转眼间我们又将迎来2019年。。。。。值此辞旧迎新的优美时刻，，，，，我代表公司治理层，，，，，向全体今年会官网人和一直以来体贴、支持今年会官网生长的各级向导、宽大员工眷属、社会各界朋侪致以新年的祝福!

已往的2018年，，，，，是非凡的一年，，，，，也是难忘的一年。。。。。6月13日，，，，，习近平总书记来到烟台工业园视察，，，，，并作了主要讲话。。。。。总书记希望各人再接再厉，，，，，一鼓作气，，，，，一气呵成，，，，，一以贯之，，，，，朝着既定的目的勇猛直前。。。。。

总书记的讲话极大地鼓舞了全体今年会官网人做事创业的热情，，，，，今年会官网人一定不辜负总书记的殷殷嘱托，，，，，切切期盼，，，，，将起劲把公司建设成为全球一流企业。。。。。

2018年，，，，，我们以“清静治理深化年”为治理主题，，，，，深化实质清静设计和治理，，，，，深化工艺和劳动纪律治理，，，，，员工的清静意识和手艺显着提升，，，，，清静管控能力获得进一步增强。。。。。

这一年，，，，，烟台工业园生产运行治理能力进一步增强，，，，，宁波工业园细腻化治理水平周全提升，，，，，匈牙利宝思德生产销售再创纪录。。。。。同时，，，，，烟台工业园二期百万吨乙烯项目获国务院批准，，，，，并正式开工建设，，，，，美国、眉山项目宣告定址，，，，，公司全球化结构一直完善。。。。。

这一年，，，，，科技立异喜报频传。。。。。自主研发的TBA脱水、TDI、催化剂等新装置投料试车乐成;HCL氧化、PDH、MDI、PC、ADI等装置优化效果显著;无醛人造板、水性树脂等功效化解决计划获得了客户的认可，，，，，爆发了优异的社会和经济效益。。。。。

这一年，，，，，公司立异营销思绪，，，，，起劲接纳多种战略应对多变市场，，，，，调解营销组织结构，，，，，强化产品和商务协同，，，，，提高了客户知足度。。。。。

这一年，，，，，公司人才建设工程效果斐然。。。。。1100多名优异人才成为今年会官网新同事，，，，，人才梯队建设一直完善，，，，，工程师作育、岗位手艺认证事情稳步推进，，，，，员工能力显着提升。。。。。

这一年8月16日，，，，，今年会官网化学重大资产重组项目获得中国证监会上市公司并购重组委员会审核无条件通过，，，，，整体上市事情圆满完成，，，，，今年会官网成为了真正意义上的混淆所有制公众公司，，，，，为公司的恒久生长打下了坚实的体制基础。。。。。

在这里，，，，，我再次对四十年来所有为今年会官网生长做出的起劲起劲和卓越孝顺的先进、同事、社会各界朋侪，，，，，体现衷心的谢谢!

只管在已往的四十年里我们创造了令人瞩目的业绩，，，，，但站在建设百年迈店的新起点上，，，，，我们面临重大的外部情形和更高的生长要求。。。。。在新的一年，，，，，我们要凭证“夯基础、抓刷新、控本钱、谋未来”的事情思绪，，，，，提升组织效率，，，，，提高可一连生长能力，，，，，使今年会官网在奔向优美未来的征途上行稳致远。。。。。

清静是今年会官网基业长青的基础，，，，，清静提升永远在路上，，，，，因此公司在2017年“清静治理年”，，，，，2018年“清静治理深化年”的基础上，，，，，将2019年治理主题定为“清静治理提升年”。。。。。希望通过实验清静治理三年行动妄想，，，，，一连提升实质清静和全员手艺水平，，，，，实现公司清静治理能力和业绩的周全提升。。。。。

我们要顺应行业生长和中国消耗升级的大趋势，，，，，以更大的力度整合种种资源，，，，，通过手艺立异尽快实现优势产能的低本钱扩张，，，，，加紧推进自主立异产品的工业化，，，，，加大产品新应用和高端细腻化学品的开发力度，，，，，抢占未来市场的制高点。。。。。

面临全球重大多变的经济形势，，，，，今年会官网战略是以稳固应万变，，，，，实着实在地一直提升今年会官网卓越运营能力。。。。。采购部分要提高整合上游质料资源的能力;生产部分要以打造数字化工厂和扎实的精益治理为抓手，，，，，做客户知足的“好产品”;市场部分要以客户需求为导向，，，，，立异治理，，，，，专心折务，，，，，作育忠诚的客户群体。。。。。

刷新公司的组织架构，，，，，打造简朴高效的制度和流程系统，，，，，以顺应公司一直壮大的需要;刷新公司激励系统，，，，，更好地体现业绩导向的理念。。。。。同时，，，，，招聘更多一流人才，，，，，深化“银发”工程，，，，，建设今年会官网大学，，，，，打造中国化工业的人才高地，，，，，推动公司战略目的的实现。。。。。

千岩万壑不辞劳，，，，，远看方知来由高。。。。。

今年会官网生长目的，，，，， 五年进入全球 化工20强，，，，，最终把今年会官网打造成为具有全球一流竞争力的天下五百强企业。。。。。

我相信，，，，，只要我们继续和发挥今年会官网精神，，，，，认真践行今年会官网焦点价值观，，，，，一步一个脚印做好每一件事情，，，，，今年会官网雄伟蓝图就一定能早日实现!

最后，，，，，祝全体今年会官网同事和社会各界朋侪新年快乐，，，，，身体康健，，，，，事情顺遂，，，，，阖家幸福!

董事长：廖增太

2018年12月31日

Chairman’s New Year Address for 2019

Dear all,

Happy New Year!

The 40th anniversary of Wanhua had just been celebrated, and we reviewed the magnificent development in the past four decades while looking forward to the bright future with both challenges and hopes. Now we are at the dawn of 2019. At the moment of bidding farewell to the old and ushering in the new, on behalf of the management, I would like to express my appreciation and best wishes to all of our colleagues and the leaders, colleagues’ family and friends, who have supported our development in the past.

The past 2018 is an extraordinary year. It is also unforgettable. On June 13, General Secretary Xi Jinping visited the Yantai Industrial Park and made an important speech. He hopes that everyone will continue to work harder and more eagerly, and to keep striving to move forward toward the established goals.

His speech greatly encouraged all the Wanhua colleagues to try our best to accomplish our goals. We must keep his words in mind and work harder to make Wanhua become a world-class enterprise.

In 2018,"the Year of Deepening Safety Management" was established as the management theme, focusing on further improving intrinsic safety design and management, as well as the process and labor discipline management. This significantly improved the employees' safety awareness and skills, and further strengthened our safety management.

The production and operation management of Yantai Industrial Park was further enhanced. The refined management of Ningbo Industrial Park was comprehensively improved. The production and sales of BorsodChem in Hungary reached another record. Meanwhile, the Phase II of the Yantai Industrial Park, a million-ton ethylene project, was approved by the State Council and officially commenced. The America and Meishan projects were announced, contributing to the completion of company's global layout design.

Many scientific and technological innovations were achieved in 2018. Self-developed TBA dehydration, TDI, catalyst and other new plants were successfully commissioned. HCL oxidation, PDH, MDI, PC, ADI and other plants were further improved to achieve remarkable results. The functional solutions, such as aldehyde-free wood-based panels and water-based resins were promoted, which gained huge customer recognition and generating favorable social and economic benefits.

For marketing, multiple strategies were adopted to counter the changing market actively. Marketing organization structure was optimized, while the coordination of the products and business support was strengthened, which further improved the customer satisfaction.

Our talent management also achieved great results. More than 1,100 excellent talents joined Wanhua. The development of the talent echelon has been continuously improved, while the training of engineers and the job-skills certification have been steadily advanced, which significantly improved the staff capabilities.

On August 16, Wanhua Chemical's major asset restructuring project was unconditionally approved by the listed company mergers and acquisitions reorganization committee of China Securities Regulatory Commission, and the overall listing was successfully completed. Wanhua finally became a real public company of diversified ownership, which laid a solid institutional foundation for the company's long-term development.

Here, I would like to express my sincere thanks to all the seniors, colleagues and friends who have made positive efforts and outstanding contributions to Wanhua in the past four decades!

Despite we have accomplished impressive achievements over the past four decades, we are facing a more complex external environment and higher development requirements at the new starting-point for building a century-standing enterprise. In 2019, we must follow the work ideas of "improving foundation, reforming, controlling costs, and designing the future", improving organizational efficiency and the ability of sustainable development, in order to lead us to a better future.

Safety management is the foundation of Wanhua's long-term development. But safety improvement is always on the road. Therefore, after “the Year of Safety Management” in 2017 and the “the Year of Deepening Safe Management” in 2018, the management theme of 2019 will be defined as “the Year of Improving Safety Management”. We hope that through the implementation of the three-year action plan for safety management, the intrinsic safety and the skills of all employees will be continuously improved to achieve an overall improvement in the company's safety management capabilities and performance.

We must follow the trend of the industry and consumption upgrading process in China, integrate various resources with greater efforts to realize the low-cost expansion of advantageous production capacity as soon as possible. We must also further promote the industrialization process of self-developed products; develop more new and high-end fine chemicals to seize the commanding heights of the future market.

Facing the complex and volatile economic situation in the world, our strategy is to constantly improve our operational excellence. The purchasing department should improve the ability to integrate upstream raw material resources. The manufacturing department should focus on creating a digital factory and solid lean management, and produce "good products" for customers. The marketing department should be oriented to customer needs by offering creative and dedicated service in order to cultivate loyal customers.

We will reform the company's organizational structure, and create a simple and efficient regulation and process system to meet the company's growing needs. We will also reform the company's incentive system to better reflect the performance-oriented philosophy. Meanwhile, we will recruit more top talents, further implement the “Silver Hair” project, and build Wanhua University to build a talented highland in China's chemical industry in order to accomplish our strategic goals.

After running through decades and decades, we’ve accomplished great achievements. Looking from far distance, we can find it came from a very high point.

To enter the global top 20 chemical companies in five years and finally becoming a World’s Top 500 Enterprise with first-rate global leading competitiveness is our development goal. I firmly believe that as long as we inherit and carry forward the spirit of Wanhua, earnestly practice Wanhua's core values, and keep moving forward step by step, our grand blueprint will be realized soon!

Wish all of our colleagues and friends happiness, health, peace and success in the coming New Year!

Chairman: Zengtai Liao

December 31, 2018