On July 28, 2026,Wuxi Taiheng Foundation Engineering Co., Ltd.grandly held its 2026 Mid-Year Work Summary and Strategic Deployment Conference at its headquarters in Wuxi, Jiangsu. With the theme of "Service Upgrade, Pioneering Renewal," the conference comprehensively reviewed the achievements of the first half of the year and outlined the development blueprint for the second half. The conference was led by Xin Peng, Chairman of Taiheng Foundation, and Duan Yi, General Manager, with all key members of the company in attendance. Centered on the service philosophy of "Timely, Professional, and Considerate," the participants built consensus, clarified direction, and injected strong momentum into high-quality development in the new phase.

At the opening of the conference, General Manager Duan Yi delivered opening remarks. He noted that in the first half of 2026, amid profound adjustments in domestic and international construction machinery markets, Taiheng Foundation adhered to a "customer-centric" approach. While steadily advancing traditional construction services, the company successfully opened up two newchannels—the international leasing segment and the Taiheng equipment remanufacturing segment—laying a solid foundation for optimizing the company's business structure and enhancing its risk resilience. Duan Yi emphasized that service is the foundation on which Taiheng stands in the industry, and in the second half of the year, "Timely, Professional, and Considerate" must be transformed from a slogan into a real experience in every order, every piece of equipment, and every customer interaction.

Chairman Xin Peng subsequently stated that the Taiheng team must always maintain the courage and sense of urgency for "self-transformation." Competition in the industry has shifted from equipment capability to a comprehensive contest of service capability. Taiheng must take the lead in building a highly reliable service system covering both end customers and agents, driving market expansion through service upgrades and activating team potential through organizational innovation.

In the thematic reporting session, heads of departments including after-sales service, equipment management, operations management, international leasing, brand promotion, and risk control reported in turn on the results of the first half of the year and key initiatives for the second half. They directly addressed core issues such as service response efficiency, equipment maintenance standards, leasing asset turnover, and contract risk control, and proposed specific improvement plans. Through discussion, they reached consensus that in the second half of the year, resources must be concentrated on advancing four key tasks: a special fund and action plan for service upgrades, a comprehensive tightening of contract and risk control processes, independent accounting and target-setting for international leasing, and positioning the remanufacturing business as a profit center—ensuring that every initiative has funding, standards, assessment, and closed-loop execution.

Based on the reports from each segment and in-depth discussion, the conference established three strategic main lines for the second half of 2026. First, the service upgrade goal aims to build a highly reliable service system covering both end customers and agents, committed to achieving "zero-failure" equipment operation and bringing service attitude and professional skills to industry-leading levels. To this end, a special fund for service upgrades will be established, service conduct standards and skills competition mechanisms will be formulated, and "Timely, Professional, and Considerate" will be embedded throughout the entire service process. Second, the pioneering and innovation direction requires actively responding to changes in domestic and international markets, with focus on advancing four major engines: international leasing, used equipment sales, new product R&D, and equipment and channel innovation—using leasing to drive service going global, using remanufacturing to activate the value of existing assets, and using R&D and channel innovation to open up incremental space. Finally, in terms of organizational adjustment and talent pipeline development, the conference announced that domestic service engineers will be officially placed under unified management by Taiheng. The company will strive to build a five-tier pipeline service system of "in-house service team + agent network + factory technical support + aftermarket alliance + operator collaboration," forming a service ecosystem with broad coverage, rapid response, and complementary capabilities.

At the end of the conference, Chairman Xin Peng delivered concluding remarks. Regarding software and digitalization, he clearly proposed three planning paths: first,deepen the application of the after-sales systemto achieve integrated management of work orders, spare parts, and customer information; second,advance embedded service functions within the systemto break down data barriers among leasing, remanufacturing, sales, and other businesses; third, based on AI technology,develop proprietary service softwareto enable intelligent dispatch, fault prediction, and customer profile analysis, reconstructing service efficiency through digital means.

In addition, he requiredstrengthening the management of proprietary leasing business and the development of an agent support systemestablishing a break-even assessment mechanism for leasing assets, and regularly reviewing agent service satisfaction to ensure the steady development of the cooperative network.

Finally, Xin Peng required all members toclarify their own strategic goals and tactical stepsdecomposing company-level strategy layer by layer into departmental actions and individual KPIs, ensuring "shared vision from top to bottom and consistent pace," and jointly driving Taiheng Foundation to steady and long-term progress on the path of service upgrade and global expansion.

The conference concluded successfully amid warm applause. In the second half of 2026, Taiheng Foundation will be guided by the service philosophy of "Timely, Professional, and Considerate," deepening its competitive moat through service upgrades, embracing global opportunities through pioneering innovation, and continuing to create long-term value for customers, partners, and the industry. United in purpose, renewed and ready to set off again!