Wishing you a joyful and peaceful Lunar New Year | Panico Hydraulics 2026 Spring Festival Holiday Notice

As spring returns and all things begin anew, on the occasion of the Lunar New Year of the Horse (2026), Ningbo Panico Hydraulics extends its sincerest gratitude to our customers and partners for their continued support, and best wishes to all our hardworking employees! To ensure everyone enjoys a joyful and peaceful holiday, and considering the company's actual operational situation, the holiday arrangements and related matters are hereby announced as follows:

PART.01

Holiday Schedule

I. Holiday Period: February 11, 2026 (Lunar December 24) to February 25, 2026 (Lunar January 9), a total of 15 days; work will resume on February 26 (Lunar January 10).

II. Benefits: Employees who do not delay returning to work during the holiday and strictly adhere to the company's holiday schedule are entitled to 15 days of paid annual leave for the Spring Festival.

III. Order and Logistics Notice: For orders placed before the holiday but not yet completed, we will expedite production before the holiday and prioritize shipment after the holiday, providing timely logistics updates. Customers with new purchasing needs are advised to plan ahead to avoid holiday logistics delays affecting production. For any special requests, please communicate with our relevant personnel in advance.

IV. Warm Reminder: Before the holiday, all employees should conduct safety checks on office areas and production workshops, turn off power and water sources, properly store important documents and equipment, and build a solid safety defense line; during travel, please abide by the rules and pay attention to personal and property safety.

Wishing you a happy new year and all the best! Thank you for your cooperation and strong support in the past year. In 2026, Ningbo Panihe Hydraulics will continue to provide you with professional hydraulic technology and high-quality products and services to create a new future together! We wish you a happy new year, good health, family happiness, and prosperous business!

PART.02

Annual Meeting Arrangements

Time flies, and the year changes. Thanks to the joint efforts of all colleagues, the company has successfully completed all its production and operation targets for this year. To recognize outstanding achievements, build consensus, and enhance team cohesion, the company has decided to hold an annual gala. The relevant details are as follows:

I. Annual Meeting Time: Registration begins at 3:30 PM on February 1, 2026.

II. Annual Meeting Location: Gutang Hotel, No. 68, Sihai Avenue, Simen Town, Beijing.

III. Annual Meeting Content:
1. Annual Work Summary and Planning: Company leaders review the year's achievements and deploy the development strategy for the next year.

2. Performances and Interactive Games: Performances by various departments, fun interactive games, and a lucky draw.

3. Appreciation Dinner: All employees gather together for a dinner.

IV. Requirements:
1. Please submit the list of participating performances to the Administration Department by 5:00 PM on January 29, 2026.

2. Please arrange your work reasonably to ensure that all personnel attend on time. Absence is not permitted unless there are special circumstances.