New Year Message 2020
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Dear partners,

At the beginning of the New Year 2020, on behalf of YUNGTAY, I would like to send everyone the best wishes for the New Year!

For YUNGTAY, 2019 is extraordinary and unforgettable. Despite the grim economic situation featuring the escalating Sino-U.S. Trade War, the global economic slowdown, and the lowest GDP growth rate (6.1%) of China in 20 years, the colleagues, partners and friends of YUNGTAY united as one to achieve an increase of effective orders by over 70%, a sustainable growth of strategic client base, and a revival in the market.

YUNGTAY ultimately ushered in its rebounce after over 3 years of continuous decline. Gratitude is hereby delivered to all employees who strived forward with one heart and mind and worked hard together heartily to achieve fruitful results! Gratitude is given to our partners who chose to seek cooperation again with YUNGTAY, and fight with YUNGTAY side by side to overcome difficulties. Clients are thanked for their support and trust in YUNGTAY, and their working with YUNGTAY sincerely.

As the Chinese New Year approaches, everything becomes exuberant. In 2020, YUNGTAY will introduce a number of changes in product technology innovation, and improve its competitive edge and strive for more market share by dint of more user-friendly, smarter and safer products; send its higher-quality and -efficiency maintenance & servicing teams to provide clients with exquisite differentiated services; continually enhance the strategic client acquisition to create strategic cooperation between giants. Added to this, YUNGTAY will restart its key layout of globalization in 2020, by conducting intensive business development in the Chinese market and expanding its business to overseas emerging markets. YUNGTAY will, through continuous strategic planning and implementation of innovation and change, make unremitting efforts to rank among the world's top ten elevator makers, and forge ahead majestically with the original intention in mind.

Wish you all a happy and healthy New Year!

January 25, 2020

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