In 2022, in response to market changes and the impact of the overall economic situation, we faced significant challenges in operations. However, we still adhere to the original entrepreneurial philosophy of “persistence”, face negative impacts with an unremitting spirit, review mistakes to make them the cornerstone of future progress, and start from a new perspective after restructuring.

In the new year, we will further integrate corporate social responsibility into our daily operations, strength- en relevant indicators of corporate governance, and strive to build an effective corporate governance structure to protect shareholder rights, strengthen the effectiveness of board supervision, respect the rights and interests of stakeholders, and regard improving company information transparency as the high- est principle. At the same time, we will strengthen the connection between sustainable performance and operational management, and promote sustainable development through integration with our profession to let this persistence become the driving force for innovation.

In terms of sustainable environment, in response to the international trend of net-zero carbon emission, we take environmental protection as our responsibility, continue to research and develop low energy consumption and high efficiency products, and regard them as one of the key research and development projects. In this regard, we work together with suppliers to promote green supply chain and ensure that the supply chain achieves goals such as improving energy efficiency, reducing carbon emissions, and making low-polluting products. At the same time, we lead by example, for example, in 2022 we obtained dual certifications for the ISO 14064-1:2018 greenhouse gas inventory standard and the ISO 14001:2015 environmental management system. We have gradually developed policies and operational methods, effectively implemented carbon reduction, energy conservation, water conservation, and waste management, comprehensively improved environmental management efficiency, and achieved significant results compared with the previous year.

As far as the friendly workplace is concerned, RichWave has always perceived our employees as our partners, thus we have strived to provide them with a LOHAS, healthy, positive, and open work environment to inspire their creativities and proactive attitude. This is complemented by a comprehensive training mechanism and remuneration/welfare system to offer our employees a progressive career development platform and opportunities, thereby advancing the company’s overall technological innovation and development, as well as attaining a win-win situation for the company and the employees.

Looking forward to the future, the mobile communication and wireless communication industries will con- tinue to flourish. In addition to continuously refining and improving Wi-Fi 6E products, we will mass produce Wi-Fi 7 products, continuously consolidate company resources, combine the strength of customers, suppli- ers, and employees, focus on our core business operations, adhere to the concept of green management, continuously strengthen corporate governance, care for the weak, and fulfill corporate social responsibility, in order to achieve the sustainability vision of coexistence and prosperity.