With its headquarters in China and a worldwide outlook, GN has remained steadfast in its dedication to innovating, researching, and developing separation equipment and integrated systems. Guided by our mission, "Separation Creates Value," we uphold the principles of technological innovation, efficient manufacturing, and customer satisfaction. In 2024, GN united as One Team with One Dream, striving for excellence and establishing ourselves as a world-class brand.

PART 1: COLLECTIVE EXCELLENCE BOOSTS PERFORMANCE

In 2024, GN's performance saw a remarkable surge, driven by the exceptional efforts of every team member. Our mining vibrating screens achieved significant sales and widespread adoption. Hydraulic centrifuges were sold to numerous offshore drilling platforms globally. Over 20 solids control systems for oil and gas drilling rigs were successfully placed, and more than 80 various mud treatment systems rolled off our production lines. The year ended with a commendable 30% year-on-year revenue growth, a testament to the dedication and perseverance of the entire GN team.

PART 2: INNOVATION-LED R&D REAPS REWARDS

GN's commitment to innovation was recognized in 2024 with the prestigious "National Key Small Giant Enterprise" title. Our R&D endeavors resulted in two new invention patents and four utility model patents. The successful development and sale of the Tracked Mounted Mud System to Australia, the Core Drilling Hydraulic Centrifuge overseas, and the Synergistic Frequency Vibrating Screen to the mining industry underscore our dedication to craftsmanship and research. GN's investment in R&D has positioned us at the forefront of the industry.

PART 3: EQUIPMENT UPGRADE BOOSTS PRODUCTION CAPACITY

To cater to the increasing demand, GN invested in cutting-edge equipment, significantly enhancing our production capabilities. We added a new 30,000-watt large-scale CNC laser cutting machine capable of cutting 45mm thick plates. The new welding robot production line for solids control equipment was commissioned, and additional CNC lathes accommodated the increased production of centrifuges. Furthermore, we established a large-scale painting workshop for manufacturing large mud tanks and an outdoor yard for assembling and testing large mud systems. We also inaugurated a new 1,500-square-meter exhibition hall dedicated to showcasing our separation equipment. With expanded production areas and intelligent manufacturing equipment, GN's production capacity has undergone a significant transformation, enabling us to fulfill diverse customized orders from clients worldwide.

PART 4: GLOBAL INFLUENCE - SEPARATION EQUIPMENT SERVING THE WORLDWIDE COMMUNITY

GN's brand, manufacturing, and equipment continued to shine on the global stage in 2024. We participated in key industry exhibitions, including the Beijing CIPPE Exhibition in March, the Shanghai IE Expo in April, the American OTC Oil & Gas Exhibition in May, the Peru Expomina Mining Show in September, the Australian IMARC Mining Exhibition in October, and the Middle East ADIPEC Oil & Gas Exhibition in November. Our presence at these events reaffirmed GN's position as a leading player in the separation equipment industry.

By persevering in innovation, we explore endless possibilities. By inheriting excellence, we create the lifeblood of our brand. With foresight and ambition, we remain unified as One Team, working towards One Dream. GN's 2024 has been a year of victory and evolution, and we eagerly anticipate continuing this journey of growth and success.