PART 1: COLLECTIVE DEDICATION SPARKS PERFORMANCE LEAP
2024 marked a remarkable leap in GN's performance, fueled by the unwavering dedication of each team member. Our mining vibrating screens saw significant sales and widespread application. Numerous hydraulic centrifuges were sold to offshore drilling platforms across the globe. Over 20 solids control systems for oil and gas drilling rigs found new homes, while more than 80 sets of various mud treatment systems left our production lines. The year concluded with a 30% year-on-year revenue increase, a testament to the tireless efforts of the entire GN family.

PART 2: INNOVATION-LED R&D BEARS FRUITFUL RESULTS

In acknowledgment of our commitment to innovation, GN was honored with the esteemed "National Key Small Giant Enterprise" title in 2024. Our R&D endeavors yielded 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 internationally, and the Synergistic Frequency Vibrating Screen to the mining market underscore our dedication to craftsmanship and research. GN's investment in R&D has undeniably paid dividends, positioning us as a leader in the industry.

PART 3: EQUIPMENT INVESTMENTS BOOST PRODUCTION CAPACITY

To meet the escalating demand, GN invested in cutting-edge equipment, significantly augmenting our production capacity. We added a new 30,000-watt large-scale CNC laser cutting machine capable of cutting 45mm thick plates to our collection. The new welding robot production line for solids control equipment has been operationalized, and additional CNC lathes accommodated the heightened production of centrifuges. Furthermore, a large-scale painting workshop has been established for the manufacturing of large mud tanks, and a spacious outdoor yard has been designated for the assembly and testing of 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 seen a substantial upgrade, enabling us to fulfill diverse customized orders from clients worldwide.

PART 4: GLOBAL PRESENCE – SEPARATION EQUIPMENT SERVING THE WORLDWIDE COMMUNITY

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

Persevering in innovation, we explore boundless possibilities; inheriting excellence, we forge the lifeblood of our brand. With foresight and ambition, we remain unified as a singular team, working towards a common dream. GN in 2024 has been a year of victory and evolution, and we eagerly anticipate continuing this journey of growth and triumph