Xi'an Standard Industry Co., Ltd. (referred to as Standard), formerly known as Shanghai Huigong Sewing Machine Factory founded in 1946, was renamed Shaanxi Sewing Machine Factory after relocating to Shaanxi in 1968. In 1989, China Standard Sewing Machine Group Co., Ltd. was established, and in 1999, Xi'an Standard Industry Co., Ltd. was established. It was listed on the Shanghai Stock Exchange in 2000. As a long-standing enterprise in the Chinese sewing equipment industry, the company has led the technological progress of the industry at every stage of its development path from scratch and from small to large. In the era of industrial sewing machine acceleration, mechatronics integration, intelligence, and information technology, the company has created public value and played an important role. In this process, the company pioneered industry division of labor and collaborative development, united a group of partners, and promoted a development model of industry resource integration, complementary advantages, and win-win cooperation. The company operates three major brands: "Standard", "Weiteng", and "Hailing", forming a brand structure with clear positioning and complementary advantages. Our headquarters is located at 335 Taibai South Road, Xi'an City. In Xi'an, Suzhou, Shanghai, and Kaiserslautern, Germany, an industrial layout has been formed with product segmentation, complete layout, convenient logistics, and sensitive manufacturing. There are six legal entities under the company: Weiteng Europe, located in Kaiserslautern, Germany, engaged in the development of cutting-edge sewing equipment technology and the operation of high-end markets in Europe and America; Standard Wanping Company, located in Suzhou, Jiangsu, mainly operates in the luggage, shoe and hat industries and is a domestic base type enterprise for thick material industrial sewing machines; Standard Hailing Company, located in Songjiang, Shanghai, mainly operates in industries such as clothing, furniture, and automotive interiors; The three subsidiaries of Standard International Trade, Standard Supply Chain, and Standard Precision located in Xi'an are engaged in international trade, wholesale and retail of industrial chain materials, precision machining, and international trade. In today's accelerating industrialization of equipment services, guided by the corporate mission of "providing smart and green system solutions and services for the environment and clothing civilization", the company has achieved strategic transformation, promoted two transformations, and achieved two goals. Two transformations: one is the shift in development thinking; The second is the transformation from a supplier selling a single sewing equipment to a system solution provider and system service provider in the field of environment and clothing. Two goals: one is to become a company that employees love and respect. The second is to become an enterprise that creates an environment and promotes clothing civilization. The company always adheres to the market value of "the user is always right" and the market concept of "only finding products for customers, not customers for products". Through integrating resources, it has built a "1+7" business model centered on system solutions in the fields of environment and clothing, providing end customers with seven value-added services including equipment, engineering, services, operations, finance, supply chain, and intelligence. The '044' management model is the fundamental path for companies to achieve strategic transformation. '0' means zero horse racing, which is essentially market-oriented, survival of the fittest, and the password for sustainable development of the company. The "4" refers to the unified management of personnel, finance, procurement, and sales, which is the foundation for achieving strategic implementation. '4' refers to the intersection and integration that complies with Chinese laws and regulations, complies with state-owned asset supervision and management, complies with local laws and regulations, and meets the requirements of the Party. The "044" control pattern forms a development community and a community of shared destiny for enterprise development and employee growth, creating a disciplined team, a team armed with standard culture, a team with self-criticism methods, a team dedicated to serving users wholeheartedly, and a team with a united and collaborative style, forming the core capabilities of the company. In today's diverse and intertwined universal and individual needs, through efficient market development and global resource allocation, the company continuously meets user needs and delivers new values.