HAPPY NEW YEAR

As time flows, a new year is coming. Time engraves the past, and the farewell bell is about to toll at this moment. When the first rays of sunlight of 2024 reach the land of Bashu, we wish you a prosperous New Year!

We are grateful for the trust and choice of every partner and user, the dedication and guidance of every expert and teacher, the resilience of every supplier, and the unity of every member of Googol. Today's Googol possesses a kind of power that brings tears to our eyes yet propels us forward.

Assessing the current situation: This year's upheavals have not subsided; the Russia-Ukraine conflict persists, tensions in the Middle East have risen, and the unprecedented global changes continue to accelerate. Concerns about the human destiny community intensified with Japan's decision to discharge nuclear wastewater into the sea. How fortunate we are to be born in China, a powerful motherland that shelters us completely. Looking domestically, the masks that accompanied us for three years have faded away with the wind. Cultural and sports events flourish nationwide. Moreover, the successful hosting of the Chengdu World University Games and the Hangzhou Asian Games signifies the return of youthful vigor. The momentum of becoming an industrial powerhouse is strong. The launch of China's key assets such as Shenzhou-16 and Shenzhou-17 manned spacecraft, the commercial operation of the domestically produced large aircraft C919, the delivery of the domestically produced large cruise ship Aidamodu, all while rivers flow and the sun and stars shine above. The new energy vehicle industry is booming, with financing exceeding 47 billion yuan. Artificial intelligence is on the rise, with ChatGPT redefining AI. The AIGC era and the demand for high-performance domestic models have brought new opportunities to the construction of computing centers across various industries.

Examining the industry: The dual-carbon goals have raised higher demands for internal combustion engine technology. The evolution towards diversified and green energy sources prompts discussions on energy storage and clean energy generation. Improving the quality of power supply is one effective way of comprehensive energy efficiency management. Internal combustion power generation, an important component of modern power grids alongside thermal, hydro, and nuclear power, is facing challenges. Within this transformation, Googol is seeking opportunities and bracing for challenges together with industry peers. Running water does not rot, a pivot does not decay. In a changing world, only by innovating can we avoid being abandoned by the times. Looking back on this year, Googol has continuously innovated its products and enhanced production conditions.

SPEED BY MR.GUOSHENG WEN ON THE INDUSTRIAL FORUM IN NOVEMBER, 2023

This year, Googol has been closely united, opening up new horizons. Starting in early June, the company's senior management visited domestic partners, typical users, industry associations, and friendly competitors to understand their needs, pain points, and anticipate trends and directions. Balancing reliability and economy, the company calibrated power to benchmark leading European and American companies, launching the D-type engine suitable for data centers and stationary power plants while optimizing gas engines. The P/Q series diesel engines with higher reliability, lower power increase, lower exhaust temperature, lower emissions, and lower maintenance costs were successively delivered to users. Simultaneously, the R/J series gas generator sets were gradually delivered to users. On December 19, Googol obtained another patented invention, making it a total of 15 engine-related invention patents. As of now, Googol has over ten invention patents under review, 63 utility model patents, and three design patents. The group holds over 200 patents. Since the launch of the high-power engine R&D manufacturing project in 2003, we have journeyed for 20 years. At this 20-year mark, in 2021, with a total construction area of over 50,000 square meters and a total investment exceeding 200 million yuan, the new Googol base was put into use on December 18.

NEW PRODUCTION BASE IN YONGCHUAN, CHONGQING

This year, Googol had a far-reaching vision, witnessed by time. On August 6, the company held a celebration for the 20th anniversary of the engine project. Senior and middle-level management planted ten symbolic golden thread nanmu trees in front of the R&D building of the new base, symbolizing the eternal prosperity of the company. They also erected a Tai Mountain stone engraved with the three admonitions, cautioning against laziness, deceit, and greed. At the same time, they encouraged future generations to respect and appreciate every colleague who has worked hard for the company's construction and development in different eras, never forgetting the kindness of predecessors. During Thanksgiving, everyone gathered to express their gratitude loudly to the collective, guides, and fellow travelers.

GROUP PHOTO OF GOOGOL CORE MEMBERS

This year, Googol had numerous distinguished guests, walking together. Since the beginning of the year, Mr.Huaiguo Hou, Chairman of Sichuan Zhonggao Electric Co., Ltd., a strategic partner of Googol, along with his team, held the annual New Year's discussion with Googol. This friendship has spanned a decade. Mr.Hou visited in 2012 when Googol introduced its first 170mm bore diameter V20 high-speed large horsepower engine. Today, Googol has completed four upgrades and iterations, establishing a complete product layout covering 490-3600kW@1500rpm. Over 200 old and new partners, friends, users, government and industry association leaders, and more have visited successively. Despite the mask era passing, our friendships remain strong, transcending mountains and seas. In November, more than 120 supplier partners were invited to gather at the new base that was about to be put into production. Googol firmly believes that suppliers are comrades-in-arms in the same boat. On December 22, during the winter solstice, Mr. Lai Zhiwei, Chairman of Fujian Hengguan Mechanical and Electrical Co., Ltd., became the first guest after Googol officially moved. He joined Googol employees, their families, and representatives of the construction team for a grand feast. A table, a group of partners, toasting and expressing heartfelt sentiments. As time passes and the years leave their marks, friendships deepen.

MR.GUOSHENG(LEFT ONE) AND MR.HUAIGUO(LEFT TWO) IN2012

TEAM LED BY MR.HUAIGUO(LEFT FIVE) AND MANAGERS OF GOOGOL

MR.ZHIWEI(LEFT THREE) AS THE FIRST VISITOR IN THE NEW PRODUCTION BASE OF GOOGOL

CHAIRMAN AND PRESIDENT IN THE EXHIBITIONS HELD BY GOOGOL

This year, Googol persisted in going out and building win-win partnerships. After the Nanjing China Power Equipment Industry Annual Conference, the market department immediately began a year-long brand-building campaign. The department established the "369" strategy, focusing on three key points, six major industries, and nine regions. Googol was invited to attend various industry events like the China Financial Industry Data Center Development Forum organized by CDCC, the 12th China Data Center Industry Development Conference and "East Numbers West Computing" Ecological Cooperation Exhibition hosted by the China Communications Enterprise Association Cloud Data Special Committee, the Green Factory Conference, the 22nd Shanghai Power Exhibition, Wuxi Semiconductor Equipment Annual Conference, the 11th Data Center Standard Summit, and more. Six events titled "Approaching Design Institutes and Users" were held in Xi'an, Kunming, Wuhan, Nanchang, Taiyuan, and Nanning. Building on the successful results of the 2022 inaugural "Power of Heart 10,000 Miles Tour," Googol launched the second "Power of Heart 10,000 Miles Tour" with the theme "Benchmarking European and American peers in power matching, upgrading quality to serve thousands of households" during the 2023 315 period. Over a period of 45 days, Googol visited 13 cities including Chengdu, Xi'an, Beijing, Shenyang, Weifang, Yangzhou, Shanghai, Fu'an, Fuzhou, Dongguan, Nanchang, Changsha, and Kunming, linking with industry experts, representatives from design institutes, and customers, totaling over 2,000 face-to-face interactions. With two stops per week, covering over 10,400 kilometers, tangible product services combined with the spirit of Googol received unanimous praise from attendees. With over 40 high-standard and diverse brand-building activities throughout the year, Googol demonstrated through concrete actions what kind of company it is and the team it has—full of dreams and vitality, filled with idealistic and daring individuals.