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2025 New Year's Speech

As we bid farewell to the old and welcome the new, may this New Year bring you hope and joy. I would like to extend my sincerest New Year greetings to all employees and their families on behalf of the company's management team.

Over the past twenty years, we have made significant achievements and overcome numerous challenges together.

Looking back, our company, has pioneered a new chapter in China's LNG shipping industry. In April 2008, the successful delivery of China's first LNG vessel, Dapeng Sun, marked the beginning of a new era in China's LNG shipping industry. Our growth over these two decades mirrors the remarkable ascent of China’s economy, highlighting the great achievements of China's reform and opening-up.

 Currently, we are faced with both opportunities and challenges. China is experiencing one of its best developmental periods in history, coinciding with global changes. These dynamics are interconnected and mutually influential. We must adopt a flexible mindset and prepare for change while maintaining strategic focus and confidence. Our goal is to excel in our operations, seizing opportunities in times of crisis and forging new paths.

In the past year, our fleet of 22 LNG operational vessels has been running smoothly. The first phase of the QP Project is progressing steadily, and the second phase of the QP project, has secured two QC Max-type large LNG vessels orders. We have achieved different kinds of operational targets assigned by the Board of Directors. These accomplishments are a result of the hard work and dedication of every employee, and I would like to express my gratitude to all of you. Our achievements are a testament to our collective efforts.

Looking ahead to 2025, CLNG carries the responsibility and trust of our shareholders. Our company will carry forward the pioneering spirit, stay committed to its social responsibility, promote high-quality development, and create greater value for the customers. We will work tirelessly to realize the great goal of national rejuvenation. We will contribute our strength to support the comprehensive construction of a modern socialist country with a focus on sustainable development.

 As we enter the Year of the Snake, let us draw inspiration from its qualities to enhance our wisdom and vitality, responding to market changes with agility while adhering to refined management practices to improve our operational standards. Through innovative development and digital empowerment, we will continue to strengthen our competitive edge, ensuring stable returns for our shareholders.

Lastly, I would like to thank everyone once again for your dedication and hard work. I sincerely wish you all good health and success! May CLNG prosper and create another brilliant future!

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