On March 28, 2026, the FARET Group 2026 Supplier Summit, themed “Innovation for Shared Success · Building the Future Together,” was successfully held at FARET' s Dawang Base in Zhaoqing. Guided by innovation, connected through integration, and driven by mutual success, the summit further strengthened supply chain collaboration, reinforced long-term partnerships, and set the stage for a high-quality development future.

Visiting the New Zhaoqing Base

Led by Mr. Zhang Jianfa, Chairman of FARET Group, supplier partners toured the production workshops and product exhibition areas at the Zhaoqing Dawang Base. This visit offered a firsthand look at FARET' s expanded production capacity, technological advancements, and long-term development vision.

The tour not only demonstrated the Group' s strong industrial foundation and ambitious growth plans, but also deepened mutual trust and collaboration between FARET and its partners—laying a more solid foundation for stable, long-term, win-win strategic cooperation.

Moment of Honor — Supplier Awards

The summit opened with the 2025 Outstanding Supplier Awards ceremony. Mr. Zhang Jianfa, Chairman of FARET Group, and Mr. He Yaoxing, General Manager, presented awards to outstanding partners in recognition of their dedication, innovation, and collaboration over the past year, and their vital contributions to the Group' s high-quality development.

·Long-Term Strategic Partner Award·

·25 Years · Outstanding Partner Award·

·20 Years of Partnership · Sincere Cooperation Award·

·Manufacturing Support Partner Award·

·2025 Outstanding Supplier Award·

·2025 Joint Innovation Breakthrough Award·

·2025 Strategic Synergy & Win-Win Award·

·2025 Best Improvement Award·

·2025 Rapid Response Excellence Award·

·2025 Green Intelligent Manufacturing & Digital Transformation Model Award·

·2025 Green Logistics & Low-Carbon Pioneer Award·

·Quality Foundation · 2025 Improvement Award·

These honors not only celebrate past achievements but also inspire future collaboration—encouraging all partners to benchmark excellence, deepen technological integration, and co-create value on the path toward shared success.

Strategic Leadership — General Manager' s Address

Mr. He expressed sincere gratitude to supplier partners for their continued support, analyzed the complex internal and external industry environment, and introduced the Group' s core strategy for revenue growth over the next three years.

He also proposed two key cooperation initiatives and three supplier requirements, emphasizing the core principles of supply chain collaboration:
innovation as the core, synergy as the link, quality as the foundation, and mutual success as the goal.

He concluded by envisioning a stable, efficient supply chain ecosystem built together with all partners.

·Mr. He Yaoxing, General Manager of FARET Group·

Knowledge Sharing — Key Presentations

Ms. Li reviewed the 2025 procurement performance, highlighting achievements in cost optimization, supply-demand alignment, and supply chain resilience. She also outlined procurement strategies, demand directions, and collaboration standards for the coming year.

·Ms. Li Yuting, Procurement Director, FARET Group·

Mr. Zhong delivered an in-depth industry analysis, covering macroeconomic trends, the evolution of the automotive industry, and China' s aftermarket landscape. He also provided expert insights into thermal management technologies and their future development paths.

·Mr. Zhong Zhipeng, Vice General Manager & R&D Director·

Mr. Lai emphasized that innovation drives progress while quality remains the foundation. He reaffirmed FARET' s commitment to a “quality-first” philosophy and highlighted the importance of transparent collaboration, empowerment, continuous improvement, and shared value across the supply chain.

·Mr. Lai Wenyu, Head of Quality Department·

Mr. Zhao shared his company' s journey of cooperation with FARET, reflecting on growth and industry opportunities, and expressing strong confidence in continued win-win collaboration.

·Mr. Zhao Yisheng, Chairman of Liaocheng Detong Transportation Equipment Manufacturing Co., Ltd.·

Mr. Wang introduced advanced supply chain management concepts and practical methodologies, offering insights into lean management, collaboration, cost control, and resilience—helping partners improve cooperation efficiency and effectiveness.

·Mr. Wang Xingjia, Consultant, Beijing Yuzhi Management Consulting Co., Ltd.·

Closing Remarks — Chairman' s Address

Mr. Zhang expressed heartfelt appreciation for 25 years of partnership and support from suppliers, reflecting on the deep cooperation built over time. He noted that industry competition has shifted toward supply chain ecosystem capabilities and called for stronger long-term strategic partnerships. He emphasized the shared vision of “unity, resilience, innovation, and mutual success,” and encouraged all partners to deepen collaboration, expand markets, and build a new development landscape together.

·Mr. Zhang Jianfa, Chairman of FARET Group·

Moving forward, FARET Group will continue to work closely with all supplier partners. Taking this summit as a new starting point, the Group will further implement its “Innovation for Shared Success” philosophy, strengthen collaborative initiatives, and jointly drive high-quality supply chain development—writing a new chapter of shared growth and prosperity.