Dear employees and family,
dear clients, suppliers and friends,

      With great and eternal Earth perpetuating the cycles, 2022 is approaching. On the occasion of the New Year, on behalf of the boards of directors of Kingdom Holdings, I would like to convey my cordial greetings to all of you. Thank you, our client, suppliers, employees and your families for the golden days we spent together. Grateful to have you in 2021!

      Time flies, hard work pays off. The bridging year 2021 will be remembered. This year, we adapted to changes; our sales performance reached a new high; our Kingdom Ethiopian factory completed the recruitment, debugging, training and trial production; we started the coarse yarn (semi-wet spinning) project; we spun 100 metric count linen yarn; we establish our fabric company; we reached the long-term strategic cooperation agreement with global agencies; we continued to push forward “REEL Linen” and “Kingdom Hemp” sustainable programs…

      In 2021, we are particularly grateful to everyone who fight in the front line of production. In Kingdom, in the operation of Kingdom Ethiopian project, there is such a position for which anyone seems qualified, but not that everyone could stick to; there is such a group, they carry responsibility and mission on their shoulder, departing for ideals; there is such an action, not afraid of hardship, always hard working as a definition of duties and responsibilities with their hands. It is Kingdom’s operators who use their hard sweat and silent commitment to write a life hymn. Labor is glorious, every worker is marvelous! Grateful to have you all!

      In the coming year, challenges and opportunities coexist. 2022 is a crucial year for Kingdom’s global production layout, and also a critical year for further steps of development. We will adhere to our core value “Responsibility, Sincerity, Harmony and Win-win”, striving for the mission of “Fulfill Employees’ Physical and Spiritual Well-being, Create Values for our Consumers, Customers and Shareholders and Make Greater Contribution to the Society and Nation”. We will hold our sustainability to explore and move on the path of practice on carbon peaking and neutrality. Actions shall be taken to achieve the vision of a carbon-neutral Kingdom by 2025.

      In this New Year’s farewell, please accept our sincere wishes. Thank you along the way, brewing time into sweet wine, taking future as ever-flowing streams. We wish you and your family a Happy Prosperous New Year!

Ren Weiming
Chairman of the Board, Kingdom Holdings Limited