On February 5th, Suzhong Group held its 2025 annual work conference, deploying key tasks and planning for the whole year's development. All senior executives, headquarters, and overseas management personnel from various units of the group participated in the event on site.

The Chairman of the Group, Qi Honghu, extends New Year's greetings to all the people of Suzhou. He analyzed the current situation from three aspects: the recovery and improvement of the macro situation, the continuous promotion of favorable policies in the real estate industry, and the gathering of development potential in the construction industry. He encouraged everyone to have firm confidence and focused on commenting on the completion of the three major central tasks of each unit in 2024, including fund repayment, debt liquidation, and market development. He required all units to carefully review and identify gaps, continue to prioritize settlement and collection in 2025, strictly control new cases, and adhere to the leadership of business operations without wavering.

Chairman Qi emphasized that leaders at all levels should strengthen their leadership, take on responsibilities, and adhere to three principles:

We must adhere to the leadership taking the lead. He is upright and does not follow orders; His body is not upright, although he is disobedient. The leader is always the soul of the team. In any situation, when it comes to what subordinates must do, the first thing to ask oneself is whether they have done it. In difficult times, we should take the lead in implementing the various instructions and requirements of the group, and work together with the group in terms of ideology, work, and action; We should take the lead in sticking to the front line, command from the front, and be a clear person. Su Zhong has persisted in the crisis for over three years, which is not easy. At this time, we must persevere and not give up easily. I don't want to fall, no matter how hard others try, I can't fall; I don't want to get up myself, no matter how much others try to help me.

The second is to adhere to seeking truth and being pragmatic. All work should be centered around the "three key points", and the heads of each unit should take the mastery of various situations as the basic skill to solve problems. They must be familiar with the various debt and risk situations of their own units. Only by seeking truth from facts and having a clear understanding can they dare to work, be able to work, and accomplish things; We should do more practical things and make fewer comments. At the current stage, we should be pragmatic, focus on doing practical things, reduce unnecessary discussions and suggestions, and devote more energy to specific affairs. We should do practical things to achieve results, solve problems, resolve risks, and promote development through specific work.

The third is to uphold responsibility to the end. For a company, ultimate responsibility is based on the target responsibility agreements signed by each unit, treating the company's affairs as personal matters to be resolved, ensuring full implementation, striving to maximize the company's asset value and minimize debt, and properly resolving various risks. The top leader should maintain a firm stance, be clear headed, distinguish right from wrong, take the lead in self-discipline, and use the requirements of the "Six Management Prohibitions of the Company" to restrain personal behavior, manage themselves well, and control the people around them.

Group President Chen Yongming delivered the 2025 annual work report, focusing on three "focuses" and making comprehensive arrangements for the promotion and implementation of the group's 15 key tasks throughout the year.

One is to focus on risk resolution and reduce debt. Make every effort to clear debts and outstanding debts, focus on resolving debt cases, and comprehensively strengthen the legal and compliant management of assets

The second is to focus on market operation and ensure stability. Maintain traditional markets, target new quality markets, strengthen all staff operations, steadily expand overseas, deepen cooperation between central and state-owned enterprises, and become an excellent platform and professional company.

The third is to focus on empowering management and optimizing operations. Slimming, strengthening and increasing efficiency, firmly grasping and implementing safety production, deeply implementing quality improvement actions, strengthening information construction, deeply promoting the integration of industry and finance, and strengthening the guidance of party building culture.

At the meeting, the heads of regional and engineering companies also signed and submitted the 2025 Safety Production, Technical Quality, Seal Management, and Integrity and Self discipline Responsibility Certificates.