Shanghai Mingchen Molding Technology Co., Ltd.

Welcome to Shanghai Mingchen Molding Technology. I. Group History • In 1984, the first joint venture was established among township enterprises in Jiangsu Province. • In 1988, it became the first supplier of bumpers for Shanghai Volkswagen Santana. • In 1996, an IWATA paint line was built in Jiangyin to supply parts for the new Santana 2000 of Volkswagen. • In 1997, the company went public and was listed on the Shenzhen Stock Exchange. • In 1998, an EN paint line was built in Jiangyin, mainly to supply parts for Shanghai GM's Century and Dynasty models. • In 2001, it undertook businesses for Shenlong, Shenyang Jinbei GM, Nanya, Fengshen, etc. • In 2002, it undertook projects such as Shanghai Volkswagen GOL, Shanghai GM NUBILA, and Shenlong N7. • In 2003, a Mingchen paint line was built in Shanghai, mainly to supply parts for various models of Shanghai GM, Shanghai Volkswagen, Fuzhou Mercedes-Benz, Wuhu Chery, etc. • In 2005, a Minghua paint line was built in Shenyang, mainly to supply parts for various models such as Brilliance Jinbei. • In 2005, a Mingjie paint line was built in Wuhan, mainly to supply parts for various models such as Wuhan Shenlong. II. Company Profile Shanghai Mingchen Molding Technology Co., Ltd. is an enterprise specializing in the production of automotive exterior trim parts, jointly invested by two subsidiaries of the Molding Group: Jiangnan Molding Technology Co., Ltd. and Jiangyin Jingli Plastic Machinery Co., Ltd. Shanghai Mingchen was established in January 2002, from site selection to normal production in July 2003, it took just over a year, setting another new speed in the development history of the Molding Group. Shanghai Mingchen mainly produces automotive exterior trim parts for OEMs such as SAIC Volkswagen, SAIC GM, SAIC Group, Zhiji Auto, Fujian Benz, Chery Jaguar Land Rover, Volvo, etc., as well as manufacturing automotive interior cladding parts. Shanghai Mingchen is located in Jinqiao Development Zone, Pudong New Area, Shanghai, covering a total area of 80 mu. It currently consists of two main sections: the injection molding department and the paint line. The injection molding department has 6 large injection molding machines with internationally advanced technology. The entire painting line and painting robots were imported from Germany's Eisenmann and Japan's ABB respectively. Its advanced mature technology ensures the production quality of injection molded coated products that meet environmental requirements. Shanghai Mingchen has forward-looking development concepts and strictly measures its development with international standards. Shanghai Mingchen has passed ISO14000 environmental management system certification, ISO18000 occupational health and safety management system certification, and TS16949 automotive industry quality management system certification. III. Enterprise Spirit ◆ Not afraid of hardship, not afraid of loss, do a little more. At Shanghai Mingchen, we emphasize the diversity of employee interests, combining society and environment, and advocate "focus on results". It is the spirit of "not afraid of hardship, not afraid of loss, do a little more" centered on collective interests that leads batch after batch of outstanding Jiangnan Molding people to be diligent, dedicated, and willing to contribute, achieving Jiangnan Molding's 20 years of brilliance. In the new era and new environment, we should have a long-term vision and continue to be guided by the Jiangnan spirit, achieving a win-win situation for individuals, enterprises, and society through wholehearted dedication and contribution to Jiangnan's cause. IV. Core Concept of Corporate Culture The core concept of corporate culture: Diligence, Inclusiveness, Continuous Improvement ◆ Diligence: Carry forward the traditional struggle spirit of not afraid of hardship, not afraid of loss, working hard without complaint, and being positive. ◆ Inclusiveness: Strengthen cooperation with world-class enterprises, continuously absorb new cultural knowledge, introduce advanced technology, enhance internal talent capabilities, and attract outstanding talents; promote teamwork within the company and build harmonious interpersonal working relationships. ◆ Continuous Improvement: Continuously learn and practice, improve internal management and operation levels through advanced management tools such as benchmarking and management by objectives, maintain the core competitiveness of the enterprise; create new profit growth points through technological innovation and build new core competitiveness; stay passionate and never stop thinking. V. Development Strategy Development strategy: Low cost, Large scale, High speed ◆ Low cost: Learn advanced management concepts, apply scientific management methods for revolutionary cost control at every link of the product value chain; continuously enhance the company's ability to compete in the market through ongoing cost reduction. ◆ Large scale: Through intensive asset investment, form large-scale and batch production capacity; leverage the vast industrial cluster to achieve economies of scale and marginal effects, meeting the development needs of the automotive industry. ◆ High speed: While expanding the company's scale, maintain flexible and efficient working traditions to ensure rapid response speed, development speed, and decision-making speed, maintaining an advantage over competitors in an accelerating market competition environment. VI. Employment Concept Over the years, we have firmly believed that people are the most precious resource of an enterprise, and the optimal combination of talents is the driving force for sustained development. Therefore, we value competence over personal connections, and we retain talent with competitive compensation, affection, career opportunities, and corporate culture. We firmly believe that the future of our employees is the future of our enterprise.