The company held a signing ceremony for the tenure-based management system and contractual management of its managerial team.

To implement the State-owned Assets Supervision and Administration Commission's "Three-Year Reform Action Plan for State-Owned Enterprises" and the management arrangements for tenure-based and contract-based operations at China Packaging Co., Ltd., 9 Month 22 On the same day, China Packaging Research Institute Co., Ltd. and China Packaging Environmental Technology (Tianjin) Co., Ltd. held a signing ceremony for the tenure-based and contract-based management system of their managerial team members. Xu Weifeng, General Manager of both the Research Institute and the Environmental Company, attended the ceremony and signed the "Post Appointment Agreement," "Job Description," "Responsibility and Authority List," "Performance Responsibility Letter for the Term of Office," and "Annual Performance Responsibility Letter" with Yuan Wenguang and Zhang Weihong, Deputy General Managers. Members of the company's leadership team and heads of various departments also participated in the event.

At the signing ceremony, General Manager Xu emphasized: "Implementing a tenure system and contractual management for managerial personnel is an inevitable requirement for the evolution of our corporate governance structure. We must accurately grasp the essence of this approach, deeply understand its core principles, and consistently uphold the direction of market-oriented reform while remaining performance-driven and strengthening precise evaluation mechanisms. At the same time, we need to focus squarely on the company's growth objectives, striving to ensure that the introduction of the tenure and contractual management system for managerial staff delivers tangible results, enabling us to meet both annual and long-term performance targets, and ultimately driving the enterprise toward high-quality, sustainable development."

This signing marks a crucial step for China Packaging Research Institute Co., Ltd. and China Packaging Environmental Technology (Tianjin) Co., Ltd. in refining their market operations, and the companies will now accelerate their efforts to systematically and comprehensively achieve their planned objectives.