On September 29, 2022, CMIC’s Conference on Science and Technology was successfully held in Qingdao, the headquarter of TSC and the main venue, and 7 sub venues including 6 technology centers and international division. On the conference, CMIC Science and Technology Innovation Research Institute was officially inaugurated, marking a new phase of CMIC's science and technology innovation strategy. Jiang Binghua, CEO of CMIC, and Zhang Tao, President of the Institute, jointly inaugurated the CMIC Science and Technology Innovation Research Institute and the six technology centera. Yu Zhiliang, Vice General Manager of China Merchants Industry Holdings, Lou Dongyang, CFO of China Merchants Industry Holdings/Chairman of CMIC, and Liu Jiancheng, General Manager of Science and Technology Development Department of China Merchants Industry Holdings witnessed the inauguration ceremony of the Institute online. At the same time, the president of the institute and the heads of the six technology centers made reports on topics such as technical capabilities and future research directions, which provide important references for sustainable high-quality development in the future.

At the conference, Jiang Binghua delivered the keynote speech "Catching up with the trend, keeping innovation; forging ahead, creating brilliance", with "1 main axis, 2 insistence, 3 advantages, 4 directions" as the kernel, pointing out that CMIC should take scientific and technological innovation as the main axis of the company's development and growth, insist on innovation of mindset and team. We will give full play to our technological advantages in the field of high-end equipment manufacturing, the advantages of the enterprise culture of China Merchants Group, and the advantages of the mechanism of the listed company and the platform of China Merchants Group, and focus on the four directions of the existing business, the main business of China Merchants Industry, the dual carbon and green action plan of China Merchants Group, and the new trend and new track of future industrial development to build our core competitiveness. Beside, we will keep building the scientific and technological innovation capacity to provide the driving force to enhance the global competitiveness and sustainable development of the company.

In this regard, Lou Dongyang affirmed the scientific and technological innovation achievements and historical performance of CMIC in the field of high-end offshore equipment manufacturing, and pointed out that CMIC should conscientiously implement the "four directions" of General Secretary Xi Jinping, especially to the main battlefield of the economy, increase the development of new products, strengthen the front-end market analysis, internal research and development and external joint combination In addition, should explore mergers and acquisitions to seize market opportunities and land innovative products.

Yu Zhiliang also expressed positive affirmation of the achievements of CMIC in introducing technology localization, and hoped that the company would continue to hold high the banner of science and technology in the future, comprehensively sort out the current technology resources and form a more perfect innovation system; at the same time, he also stressed that each technology center should improve the mechanism, realize the division of labor and positioning, and make trade-offs, and while keeping the basic plate of the old business, stay close to the market, through investment and M&A. He also stressed that each technology center should improve its mechanism, realize the division of labor and positioning, make trade-offs, keep the old business fundamentals while staying close to the market, realize the full integration of technology and market through investment, mergers and acquisitions, joint research and development, build a technology-oriented market team, and leverage the brand advantages of China Merchants Group.

The inauguration of the Institute and the six technology centers is an important strategic adjustment made by CMIC based on the current synergy of technology resources within the group, optimization and adjustment of organizational structure, and according to the current market situation and operational needs. In the future, the technology centers will be supervised and coordinated by the research institute to carry out research and explore and establish product directions in the fields of new energy equipment such as wind power and hydrogen energy, new energy transformation and transformation of ships and marine platforms, automation and intelligent operation and maintenance of ships, digitalization and intelligent upgrading of factories/port terminals, intelligent manufacturing and industrial internet, etc., actively responding to the goal of double carbon action of China Merchants Group and The company will actively respond to the goal of dual carbon action plan of China Merchants Group, effectively promote the transformation and development of green energy science and technology, and strive to start a new voyage by striving for progress and innovation, and striving to be first-class.