Onthe afternoon of April 8, 2018, Mr. Yang Junri, member of the 13thNational Committee of CPPCC and Chairman of National Defense Posts andTelecommunications Trade Union, visited the trade union of Huada SemiconductorCo., Ltd. Accompanying officials included Lu Qi, Deputy Inspector of the PartyCommittee of Shanghai Municipal Commission Of Economy and Informatization and Directorof the Trade Union of Shanghai Municipal Commission of Economy andInformatization and other leaders. Deputy Secretary of the Party Committee andSecretary of the Disciplinary Committee of Huada Semiconductor Ma Xinfen, DeputyGeneral Manager and Chairman of the Trade Union Ma Yuchuan, subordinate staff,as well as Lu Ning, head person of Shanghai Belling Party Committee andChairman of Shanghai Belling Trade Union, attended the meeting.YangJunri listened to reports about the operation and development situation ofHuada Semiconductor and its trade union work, visited the exhibition hall andtesting workshops of Shanghai Belling. ChairmanYang fully recognized the achievements made by Huada Semiconductor since itsestablishment and provided guidance on the trade union work. He said that tradeunions are the soft power of enterprises and that besides retaining talents withpromising career prospects, enterprises must also retain talents with corporatespirit and culture. According to him, trade union organizations must constantlyimprove staff’s cultural and ethical standards, plan theme activities to makecorporate culture part of employees’ life and motivate them to stay positiveand progressive. Efforts must be made to stimulate staff innovation andenthusiasm and promote the better development of enterprises. He furtherpointed out the key tasks of trade unions in the next phase: Firstly,thoroughly study and implement the spirit of the 19th CPC National Congress andXi Jinping Thought on Socialism with Chinese Characteristics for a New Era, firmlycarry out the theme education of “remain true to our original aspiration andkeep our mission firmly in mind”, enhance political education for employees andensure the correct direction of the trade union work in the new era. Secondly, strengthenand enhance industrial worker reform and innovation to build an educated, skilled,and innovative workforce. Thirdly, further perfect the democratic managementsystem with workers’ congress as the basic form. Fourthly, effectivelysafeguard and protect the legitimate rights and interests of employees andensure that employees and enterprises share the development results.ChairmanYang also had a cordial conversation with 4 needy employees of Huada andBelling, asking about their practical difficulties and bringing them the care fromthe CPC and the trade union. He encouraged everyone to strengthen confidence toovercome difficulties of the moment, making employees feel that trade unionsare “family members” that they can trust and rely on.

To create astrategic advantage for Shanghai’s development and to fully boost four brands:Shanghai Services, Shanghai Manufacturing, Shanghai Shopping and ShanghaiCulture, Shanghai continued to advance the famous brand strategy and Shanghaifamous brand nomination efforts in 2017. 786 projects from 739 enterprises appliedfor the 2017 Shanghai famous brand titles. After prequalification, industrypreliminary review, professional review, social assessment, comprehensivereview and online announcement and finally gaining approval at a plenarymeeting of Shanghai Famous Brand Nomination Committee, a total of 608 projectsfrom 572 enterprises were nominated as Shanghai Famous Brand in 2017, including399 product projects, 195 service projects and 14 Star of Tomorrow projects.Belling IC was nominated as 2017 Shanghai Famous Brand. Belling IC has keptthis honor for 20 consecutive years since it first being nominated as ShanghaiFamous Brand by Shanghai Famous Brand Nomination Committee in 1998.

Withthe society’s increasing concern on listed companies’ fulfillment of corporate socialresponsibilities, government agencies and regulators at all levels are payingmore attention to the disclosure of social responsibility information of listedcompanies. While at the same time, external evaluation has become an importantfactor in the non-financial information disclosure and transparent operation oflisted companies.The 3rdChina (Shanghai) Listed Companies Corporate Social Responsibility Summit &the Press Conference for Shanghai ListedCompany Corporate Social Responsibility Blue Book, were jointly hosted by ShanghaiAssociation for Listed Companies, China Business News and Shanghai Federationof Economic Organizations on December 28. Shanghai Bureau of the China SecuritiesRegulatory Commission and Shanghai Federation of Trade Unions provided guidanceon this Summit. More than 200 people from government departments, well-knownenterprises, and mainstream media as well as industry experts attended the Summit.Goals of the Summit were to improve enterprise transparency, help investorsmake the right investment decisions, enhance enterprise reputation and thereforeachieve a better market performance.Among the 232Shanghai listed companies includedin this year’s assessment, 153 were rated 1-star and 2-star in “CSR Index forListed Companies”, 51 were rated 3-star, 22 were rated 4-star and 6 were rated5-star. Shanghai Belling was recognized as a four-star enterprise in 2017Shanghai CSR Development Index for Listed Companies, ranking the 20thamong 232 candidate companies. The ranking moved up over the previous year andthis reflected the regulatory agencies, the media and the market’s affirmationand recognition of the Company’s social CSR efforts and CSR reports. ShanghaiBelling will continue to adhere to the concepts of eco-friendly operation,innovative development and sustainable development, continue to unleash the CSRinfluence of listed state-owned enterprises subordinated to the central governmentand work hard to obtain economic and social benefits at the same time andinspire a wonderful life with IC!

OurCompany won the “Outstanding Quality Supplier” Award on the 2017 AnnualSupplier Conference held by Jiangsu Linyang Energy Co.,Ltd.” on December 18.This is the fourth consecutive year that Shanghai Belling wins this Award inJingsu Linyang’s supplier evaluation. As thebenchmark for the electric energy meter industry, Jiangsu Linyang has beenranked among top bidders for State Grid and China Southern Power Grid projects,and its overseas business is also blossoming. It has been well-acclaimed forits excellent product technology, quality and supply services. As long-termpartners, Shanghai Belling and Jiangsu Linyang have kept extensive and in-depthcooperation in electric energy meter chips. Metering chips, RS-485 interfaces, relaydrivers, LCD drivers, power chips and other Belling products are widely used inLinyang’s State Grid, China SouthernPower Grid, andoverseas electric energy meter projects. Throughout the years, Shanghai Bellinghas won recognition from Linyang with our reliable product quality and rapid response.Wefeel deeply thankful for the trust and support from our users. We will continueto work hard, stick to the “customer orientation” spirit and make constantinnovations to provide clients with better products and services and create awin-win situation!

Suzhou Tongguan Microelectronics Co., Ltd. was established in 2012. Itis mainly engaged in the production and sale of energy-efficient semiconductorpower devices; the design, research, development and technology transfer ofsemiconductor power devices and smart power control devices; the self-operationand agency of import and export of various commodities and technologies. ShanghaiBelling holds 7.8% of its equity and is currently listing it for sale.For details,please visit the website of Shanghai United Assets and Equity Exchange:http://www.suaee.com/f/mprj/detail?id=G32017SH1000525http://www.suaee.com/f/mprj/detail?id=G32017SH1000526

The 19thCPC National Congress takes a broad and long-term view, defines the developmentdirection and points the way to the future, and is a major milestone in thedevelopment history of the CPC and the country. Under the unified deployment ofHuada Semiconductor’s Party Committee, Shanghai Belling, as led by the Company’sparty committee, started a craze of learning the spirit of the 19thCPC National Congress at all levels of the party committee, politics offices,trade unions and Youth League committee. On October 18when the 19th CPC National Congress had a grand opening, all partymembers, leading cadres and trade union representatives of the Company watchedthe live coverage of the opening session and listened attentively to Xi Jinping’s reportdelivered on the Congress. OnOctober 25, leading cadres of the Company’s party committee, politics office,trade union and Youth League committee attended the SASAC’s Video Meeting toConvey, Learn, Mobilize and Deploy Spirit of 19th National Congress of CPC& China’s Work Deployment Conference to Learn and Implement the Spirit of 19thNational Congress of CPC. Later on October 31, the Company’s main party andpolitics leaders and representatives of the technology center’s party committee(party-building demonstration base recognized by Shanghai Municipal Commissionof Economy and Informatization) attended the Commission Conference on Conveyingand Passing the Spirit of the 19th National Congress of CPC and listened to CPCrepresentatives’ interpretation of the spirit of the 19th NationalCongress.Onthe morning of October 31, Professor Wang Lianxiang was invited to the Company todeliver a lecture on “Entering a New Era and Embarking on a New Journey-Studyand Implement the Spirit of the 19th National Congress”, helping Bellingparty members and cadres as well as the general employees to have a open andclear mind in their learning and implementation of the spirit of the 19thNational Congress. Inaddition to the intensive learning sessions organized by the Company’s partycommittee, party branches of the Company also carried out Party Day activitiesaround the theme of learning the spirit of the 19th NationalCongress. The party, trade union and Youth League organizations of all levels learnedand discussed the spirit of the 19th National Congress throughWeChat learning group and other platforms. After the learning sessions, partymembers and cadres and employees of the Company all said that the Party’s 19thNational Conference had painted a blueprint for China’s future development andthat it had delivered clear-cut, ambitious and inspiring ideas. They expressedthat they would further study the Conference spirits when doing their jobs, wouldmake joint efforts and take a down-to-earth and diligent attitude. The Company’s party committee headLu Ning emphasized that studying and implementing the spirit of the 19thNational Congress would be the primary political task for the Company’sorganizations at all levels, both at present and in the future. Partyorganizations, party members and cadres must firstly further strengthentheoretical studies, thoroughly study and implement the spirit of the 19thNational Congress, learn the new PartyConstitution, and profoundly comprehend the connotation of the report ofthe 19th National Congress. Secondly, they need to further enhance the “fourconsciousnesses”, improve political, ideological and awareness level throughstudy, deeply appreciate the spiritual essence and rich connotation of XiJinping Thought on Socialism with Chinese Characteristics for a New Era, andmaintain a high degree of consistency with the CPC Central Committee inthoughts, politics and actions. Thirdly, they must apply the Party’s generalprinciples of governance to practical work, guide and promote the healthydevelopment of the Company in all aspects and facilitate the smooth operationof Shanghai Belling Center with the spirit of the 19th NationalCongress.