2020 is the ending year of Panda's 13th Five-Year Plan. In order to complete the development plan in an all-round way, the company always adheres to lean management and promotes the implementation of various work with high standards and high quality on the basis of normalization of epidemic prevention and control.

Panda Manufacturing actively responded to market changes, completed the T-CON board sales with quality and quantity guaranteed, and gradually shifted its business from the consumer market to the field of automotive electronics and white appliance, and made new achievements in new fields. In the case of chip shortage, the manufacturing center completed the production of 30 million T-CON boards for LCD in the whole year, with a year-on-year increase of 20%; under the guarantee of zero defect rate and high quality service, it completed the production of 400 thousand sets of automotive electronic products in the whole year. Huage company optimizes the production process, reduces costs and increases efficiency, improves overall profitability, adheres to the close combination of independent innovation and industry university research, and improves product performance and future development space.

Panda Information has taken many measures to ensure the quality and process of the projects. The company won three AFC system and two communication system projects, which improved the competitive advantage of the core market; deeply explored the market of second and third tier cites and the southern cities, sought new breakthroughs in 5G+transportation, NCC and other new infrastructure, and made efforts to promote the interactive and intelligent development of the project; the system integration business won 17 projects with more than 10 million yuan of single project, and signed contracts with a total amount of more than 400 million yuan, which led to product sales and achieved good results.

Panda Equipment actively explores market transformation and adjustment to expand new markets; takes WMS, SOG and other projects as the main products to adjust the market focus in time; steadily promotes R&D projects and successfully completes the acceptance of multiple projects. The self-developed high-end equipment project has reached the domestic advanced level in the field of high-speed and high-precision robots. The industrial robot manufacturing digitalized plant project has successfully applied for or been authorized a number of invention patents, and all indicators have reached the international advanced level, which comprehensively enhanced the core competitiveness of the company. The company's independent innovation of 5G application new products, new technologies and new achievements appeared in the 2020 Changsha Network Security and Intelligent Manufacturing Conference, which received wide attention and praise.

Panda Communications achieved the annual sales of satellite communication terminal products of over 80 million yuan, consolidating the profitability of key products business; successfully won four bids of mobile video products, with a total amount of over 35 million yuan; paid attention to the research and development of core technology, developed multi type time system equipment, and continued to maintain a certain market share in the private network market; after seven months of key tests, the sight distance measurement and control system project has been accepted.

Panda Emerging Industry Company has done a good job in the prevention and control of the epidemic situation in each park to ensure the smooth production and operation of each industrial company. Panda Restaurant further improves service quality, enriches product content, actively develops new business, and vigorously promotes the construction of skilled talents. The Property Management Company has successfully completed the acceptance and delivery of the dormitory building in the Panda Equipment Park, and the first batch of employees have been successfully occupied.

Panda Network and Energy Company has successfully won the bid and completed the acceptance of "phase III construction of satellite network project" and "purchase of transmission system of Jiangsu terrestrial digital TV coverage network", laying a solid foundation for the layout of new products.

At the beginning of the new year, Panda will seize the development opportunities of digital economy and new generation information technology, take the market as the guidance and technology as the starting point, vigorously develop the new smart city, industrial Internet and intelligent manufacturing, and service-oriented electronic manufacturing, further enhance the core competitiveness of the enterprise, and make a good start for the development of the company in the 14th Five-Year Plan.