Since the outbreak of the COVID-19, Shining Star Group has donated more than RMB 1.1 million of anti-epidemic protection materials to hospitals and the general public. At the same time, Shining Star Commercial, has formulated a series of assistance measures for all merchants in the New Asian Athletics Park, yielding a profit of more than RMB 3 million. Before and after a total investment of more than RMB 4 million to fight the COVID-19.

Charitable Donations to Show Love

On February 28th, Shining Star Group donated RMB 600,000 worth of medical protective materials to the Third People's Hospital of Kunming to support front-line medical staff fighting the COVID-19.

At two o'clock in the afternoon, epidemic prevention materials purchased by Shining Star Group successfully arrived at the Third People's Hospital of Kunming, including 15040 N95 masks, 50 sets of protective clothing, 10000 disposable medical masks, 200 goggles, and 45000 disposable medical protective gloves, which were provided to the first-line medical team of the three municipal hospitals for the treatment of COVID-19 patients, and held a donation ceremony. Wu Lei, vice president of the Third People's Hospital of Kunming, accepted the donation on behalf of the hospital.

Yang Weihua, head of the Shining Star Charity, said that since the outbreak of the epidemic, the vast number of medical personnel have been fighting the "epidemic" and protecting people's health. They are "the most beautiful retrograde people". Shining Star Group hopes to do its part to contribute to winning this war of prevention and control of the COVID-19.

All Companies Together to Fighting the COVID-19

After the outbreak of the COVID-19, Shining Star Group immediately set up a special group on charitable donation, held a special meeting by telecommuting, and under the leadership of Yan Yu, chairman of Shining Star Group, the group's domestic and foreign companies took urgent action to give full play to their own advantages, take a variety of ways to carry out the procurement of protective materials in an all-round way. The first batch of more than 50,000 disposable medical masks, 300 N95 masks, 64 sets of protective clothing and more than 40,000 disposable gloves have been donated free of charge to hospitals, police stations, traffic police brigades, merchants, owners and the public in the New Asian Athletics Park community, with a total donation of more than RMB 500,000 in protective materials.

People Oriented and Take Various Measures

"The epidemic is the order, and prevention and control is the responsibility." since the outbreak of the COVID-19, Shining Star Group has quickly set up a leading group for epidemic prevention and control work, taking many measures at the same time, and regard epidemic prevention and control work as the most important work at present.

Shining Star Group and its subordinate companies fully implement the epidemic prevention and control requirements of governments at all levels, formulate a "epidemic prevention and control plan", strengthen environmental disinfection, personnel monitoring, epidemic publicity and other work, and establish a daily epidemic reporting system.

Party members of Shining Star Hospital immediately submitted a "request for war", willing to follow the dispatch of the party committee of the hospital at any time and rush to the front line without hesitation; Inkyness Hospital implemented one doctor, one patient and one consultation room to provide free chauffeured transport services for pregnant mothers, isolating viruses without isolating love. At the same time, Shining Star Hospital and Inkyness Hospital respectively sent medical personnel to the front line of prevention and control, actively participated in cooperating with government departments to monitor highway junctions, kept on duty 24 hours a day, and resolutely cut off the epidemic channel with the working attitude of "would rather check again than miss one."

As a property company in charge of 100,000 residents, Kai Wei Property Company strictly implemented the relevant prevention and control requirements of the government, formulated prevention and control plans, immediately free distributed masks to community owners, and launched free vegetable distribution activities and for the elderly living alone, people with mobility difficulties to provide a series of convenient services such as shopping and delivering food, delivering water, picking up parcels, taking out garbage, and so on, have been highly appraised and praised by the government and the owners of the community.

Launch a Support Policy to Support Merchants Resumed Business

Yunnan Shining Star Commercial has issued a one-month waiver of property management fees, garbage removal and other assistance policies for merchants in the New Asian Athletics Park, with a cumulative profit of RMB 3 million. Formally issued 12 of assistance measures to fully supporting all cooperative merchants to tide over the difficulties. 

At 9: 00 a.m. on February 24, the Group held a 2020 post-holiday work meeting in Meeting Room 1. Chairman Yan Yu, Wang Hailong, Executive Vice President, Li Cheng, Vice President, Cui Yawen, Chief Financial Officer, and leaders of each center of the group attended the meeting.

At the beginning of the meeting, Chairman Yan Yu made an in-depth analysis of COVID-19 's current situation and its impact on group related businesses, especially on commerce, hospitals and newly opened hotels, all of which were greatly affected and suffered great losses. At the same time, it is also judged from the impact of the COVID-19 on domestic and international economic development in 2020, hoping that the whole group will deepen their understanding of the crisis, strengthen their confidence from the crisis, and seize development opportunities. In addition, the chairman stressed that although the company has resumed work and the COVID-19 situation is developing in a better direction, but we cannot take it lightly, and we still have to strictly implement various prevention and control measures, such as daily disinfection, personnel monitoring and inspection, and so on. The group should urge and supervise subsidiary companies to continue to carry out relevant COVID-19 prevention work, ensure the occurrence of zero cases in the group and all companies, and ensure the safety of all employees. And carry out all kinds of work in an orderly and safe manner. 

The chairman demanded that in view of the COVID-19, the leader of the centers and all companies of the group should bravely bear the responsibility, do not make excuses, regard the crisis as an opportunity, and actively look for countermeasures and solutions for the development of the company, what needs to be clear is that we will not change the target goals and tasks for 2020, and in view of the impact of the COVID-19, we have put forward new work requirements and arrangements for the centers of the group. The strategic enterprise management center of the group should fully play an active role in this process, supervise and implement it in place. 

Finally, the chairman reiterated the importance of the development and work objectives of the mining sector of the group, which is of great importance to the successful transformation of the group, so the relevant work should be carried out closely around the task objectives set at the beginning of the year, and be prepared in advance. Do not fight unprepared battles to lay a good foundation for promoting the strategic objectives of the mining sector.

The 2020 Spring Festival Party of Shining Star Group was held on January 19. Chairman Yan Yu, Vice Chairman Yan Yong, Executive Vice President Wang Hailong, Vice President Li Cheng, Chief Financial Officer Cui Yawen, leaders of each center of the group and management of subsidiary companies attended, a total of more than 800 staffs gathered together to welcome the Spring Festival.

At the beginning of the party, Chairman Yan Yu delivered a Spring Festival message, expressing respect and greetings to the colleagues and their relatives who were still work on the front line at home and abroad during the festival. “In the past year, Shining Star Group have faced various of risks and challenges, all colleagues forged ahead, and made a firm step forward for the transformation and development of the group. All colleagues have contributed their strength to the development of the group through their own efforts and expressed thanks, and hope that in the new year, all colleagues can closely unite, seize the day, live up to their time, do a good job in every work with their own wisdom and diligence, and work together to achieve high-quality development of Shining Star Group. ” chairman Yan Yu said.

There were 19 performances during the party, which lasted for nearly 4 hours. The program is written, directed and performed by the staffs of the group's centers and subsidiary companies. Classic melodies, popular songs and various dance forms reflect each other, and creative elements and amazing performances take turns on the stage. The party kicked off with the stylish and rhythmic fluorescent dance. At the begging of the first chapter reviews the group's development history and prospects for the future with a very creative sand painting performance. Dance "Song of the Prosperous Age", "Special Dance Mix", "Youth" and other performances show the atmosphere of cohesion and common growth of Shining Star Group. The second chapter which the dances "Home", " Let the world be filled with love" and " Happy New Year DISCO " etc. reflects the spirit of Shining Star Group sharing joy and feeling together. The third chapter opens with magnificent big drum dance, and the performances of foreign companies such as dance "Traditional Bagan Dance", "Myanmar Water Festival Song" and guitar singing etc. show the group's road of international development. Finally, the chorus "Golden Years" brought by the group's Strategic Enterprise Management Center and Risk Control Management Center ended the program performance of the party.

In addition, during the party, it was officially announced to all staffs that the group will plan to register a charitable foundation, and held a launching ceremony. At the same time, the chairman also commended the companies that had exceeded their annual target in 2019. The party also prepared a several rounds of lucky draw, provided rich and colorful prizes for staffs.

Finally, the party slowly came to an end in the program awards ceremony. The whole party had a warm atmosphere and high tide, and everyone performed with brilliant programs, showing a high-spirited and energetic spirit. The successful holding of the party not only conveys the group's New year's wishes to colleagues, but also summarizes and affirms the achievements of the past year, and also provides a platform for the majority of Shining Star staffs to show their personal charm and narrow the distance between them. It has activated the cultural life of employees, created a united, harmonious and upward atmosphere, and effectively enhanced the cohesion of the team and the sense of belonging of employees. Lead all colleagues to devote themselves to the high-quality development of the company with a more high-spirited.

On January 19, 2020, the 2019 work summary and commendation meeting of Shining Star Group was held as scheduled, and Chairman Yan Yu made an important speech at the meeting.

Why Did We Transform

First of all, the chairman made a comprehensive introduction and comb on why the group should be transformed to the management and colleagues who attended the meeting. The chairman pointed out that at the 2019 annual meeting, it was also said that the group was considering transformation since in 2018, in fact in 2017 and at the 2018 annual meeting, it was also said why the transformation was needed. Now 2019 has passed, and at the 2019 annual meeting, it has also been said that the survival situation of China's private enterprises is only in terms of real estate, because the group used to be dominated by real estate. However, according to official statistics, 487 real estate companies went bankrupt or went bankrupt in 2019. In fact, this is only official statistics. There should be at least thousands of real estate companies, because there should be tens of thousands of real estate companies in China, large or small. I expressed my own view at the annual meeting last year that China's real estate has a development cycle of three to five years at most, which is why the group has to transform.

Secondly, why did we transform, where to go, the group has also gone through a lot of research and discussion. The chairman said that 2019 also said many times why the transformation, today there are many new executives, new teams, it is necessary to tell you again, in fact, the group began to think about it in 2015, formally decided to transform was in 2017, the main transformation direction is the mining industry, has repeatedly organized the management team to discuss, based on the analysis of the nature of the real estate industry, that real estate can not be become the sustainable development industry of Shining Star Group. Therefore, it has been proposed to develop artificial intelligence, medical care and health, the Internet and other industries, but from the technical, genetic and other aspects of analysis are not suitable for the development of Shining Star Group, because we do not have the congenital factors.

Therefore, Shining Star Group finally chose to transform to mining development, for four reasons. "First, combined with China's ‘Belt and Road Initiative’ initiative, the Chinese government supports Chinese enterprises to ‘go out’ to develop infrastructure and resources industry construction, and the mining industry is one of the resources. The reason why our government supports enterprises to ‘go out’ to develop resource construction is that China is a poor mineral country, 60% of China's resources are imported, China is also a big country, and resources will be one of the major factors restricting China's development. So, only with the support of the state, is it possible to develop this industry, including from financing, foreign exchange and other aspects of support. Second, the development of the mining industry cannot be replaced by any scientific and technological development or future development. But, many industries, such as lawyers and driving, may be replaced by artificial intelligence, but basic raw materials are needed in all industries of future development and with the development of economy and technology, the demand for resources will become more and more exuberant. Third, in addition, in the past, I have a certain understanding of the mining industry and some practical experience, which provides a good foundation for me to quickly familiarize myself with the industry. Fourth, the mining industry is an industry that can become stronger and bigger quickly within a certain period of time. To study many mining enterprises in China, the conditions for most mining enterprises to develop the mining industry at the beginning are not very good, but in just a few years, the company has been listed, with a market capitalization of as little as tens of billions or hundreds of billions. This is only a study of China's mining enterprises, in fact, there are many such enterprises in the world. In other words, the mining industry can achieve a market capitalization of 10 billion to hundreds of billions within 10 years, and the mining industry can become bigger and stronger within a certain period of time. " The chairman said.

Finally, the chairman pointed out that it should be noted that the mining industry we are talking about today is different from the traditional development of the mining industry at home. We mainly focus on overseas countries such as Southeast Asia, South America and Africa. We learn from mature industry companies, build an international talent team, and set a 10-year development goal, that is, to achieve a market capitalization of RMB 100 billion in 10 years. At the same time, we have formulated 3-year, 5-year, 7-year and 10-year development plans, and the new executives and teams present here are invited to join Shining Star Group that is in order to achieve this goal. Waiting for the mining industry to achieve the listing goal, and then in turn to assist the group's well-developed industries to continue to develop, such as commerce, property, hotels, hospitals and so on, it does not mean that a certain industry is not important, but that every industry is important. The most important thing is that each sector needs to continue to specialize and build an excellent team, so that the group is willing to support your development. Whether the management ability, business ability and future prospect of each industry are worthy of the development of the group as the secondary and tertiary industry, which requires the management team of each industry to continuously improve the management ability and provide decision-making for obtaining the support of the group.

What Managers We Need

The chairman said that choosing talents based on ability: let our employees display their ability fully, we use the capable ones, replace the average ones, relief the incapable ones, which is the employment principle of Shining Star Group. The staff of the group has changed greatly in the past two years, especially the changes at the management of the group are particularly prominent. Now present at the meeting, there are many new leaders have joined, and many old leaders have disappeared. Why? Because some of the management who did not sit here to attend the annual meeting because they are failed to fulfill their annual work goals and responsibilities, and their work plans have not been completed. Since the goal responsibility letter was signed in 2019, I have communicated with problematic managers many times and said that work goal achievement is one of the important indicators to assess senior executives. Goal realization shows that you have management ability and leadership ability. The goal is not achieved, the plan is not completed, the budget is not completed, that shows that you do not have the ability to be a leader. Therefore, for some of those who continue to be appointed today, we should not rest easy, because part of your task has not been completed and the group is still under assessment period. Similarly, every executive who signs a letter of responsibility for goals today needs to understand that achieving responsibility for goals is the only basic condition that can continue to stay here, because if an enterprise is to develop and survive, we must achieve our goals.       

The chairman pointed out that in the past, many senior executives often liked to make excuses and completely deviated from the corporate style of "resolutely obeying and not making excuses" in the group's corporate culture. Some executives lack their own ability, find excuses inside and outside of the job, or even find excuses from their own team, or even fail to build their own team when they get to the job. So an important indicator to examine senior executives is whether you have the ability to build a professional team to achieve your work goals. Instead of complaining about no staff at work, this is a typical excuse. There are also some executives who often find excuses to say that the staff in their team are not good, and will not find problems from themselves. In fact, if the team is not good, you are not good, so can you cultivate a high-quality team? Whether or not you have the ability to lead the team to achieve work goals is also one of the criteria for assessing whether senior executives are qualified leaders.

The chairman said that we must adhere to the enterprise style of firm obedience and no excuses. The task in 2020 will be even more arduous, and accomplishing the target task is the only condition under which we can continue to fight side by side. Both department heads and company executives here need to have a high degree of awareness and bear the responsibility instead of making excuses.

What Are The Key Works In 2020

The chairman stressed that although the group's current transformation is based on mining development, it does not mean that other industries are not important, but balanced development. In 2020, we should first focus on the newly opened, imminent opening and construction projects. The group's Strategic Enterprise Management Center must ensure that the newly opened Kunming Inkyness Hospital, the Yangon Kantharyar Centre in Myanmar and the Dara Sakor Happy Home Master Resort in Cambodia complete the annual work plan and budget. The second is ensure the Shining Star Hotel Apartment the completion of the plan and budget after opened. In addition, the completion of the construction of the New Asian Athletics Park culture and brigade complex and the investment promotion work before the opening cannot be delayed. Because the work plan of each link is not realized, it will affect the overall development of the group.

The chairman said that the second priority work in 2020 is the target goal of the mining industry, which is very clear, that is, the Bolivian project will start production of the first smelter in May of this year to achieve revenue. This goal must be achieved without doubt by the relevant team. After is to achieve the set target to expand production by October next year, and on the basis of determinable safety, we can move forward boldly and increase production, so as to lay a solid foundation for the group's mining sector to achieve the goal of listing.

Finally, the chairman said that every link is crucial for the financial management center of the group to provide financial guarantee for the development of the group, only when every link is done well, we will have the confidence and ability to achieve the first three-year development goal of the transformation of the group. Only by achieving the success of the initial transformation of the company, will it be possible to realize the company's development plan for the next five, seven, and 10 years. It is also possible to provide protection for the well-developed industries of the group and ensure that the well-developed industries continue to develop.

Therefore, we should strengthen our confidence in 2020. As long as we have confidence, the 10-year development goal of Shining Star Group will certainly be achieved. Let us work together in 2020 to create a bright future for Shining Star Group.

On January 19, Shining Star Group solemnly held its 2019 annual work summary and commendation meeting, which was attended by Chairman Yan Yu, Vice Chairman Yan Yong, Executive Vice President Wang Hailong, Vice President Li Cheng, Chief Financial Officer Cui Yawen, and more than 280 senior management and employee representatives from all centers of the Group and subsidiary companies at home and abroad.

At 15:00 in the afternoon, the meeting kicked off in a festive and peaceful atmosphere. The meeting was presided over by Liu Jianwen, general manager of the group HR & Administration Center, and was divided into four agendas in an orderly manner. The first step is the appointment ceremony, Liu Jianwen, read out the decision on the appointment of senior executives of the group's centers and subsidiary companies in 2020. Chairman Yan Yu, Executive Vice President Wang Hai Long and Vice President Li Cheng respectively issued letters of appointment to the senior executives who was by appointed.

The second agenda of the meeting, was recognition of outstanding employees of the year. Liu Jianwen, read out the award decision for outstanding employees in 2019, with a total of 9 relevant individual and team awards, including outstanding party members, outstanding employees, outstanding leadership stars, loyal and dedicated employees, Shining Star special contribution award, best management team, best overseas project and best pioneer, etc., a total of 42 nominated. Then the leaders of the rostrum presented trophies, certificates and bonuses to the award-winning individuals and teams, and took a group photo as a souvenir.

Then the meeting was entered the third agenda to sign the 2020 goal responsibility letter. First, the relevant responsible persons of each center of the group signed the target responsibility letter with the chairman Yan Yu, followed by the target responsibility letter signed by the person in charge of the joint venture company of the group with the executive vice president Wang Hailong. Finally, the relevant responsible persons of the group's wholly-owned subsidiary companies signed the target responsibility letter with the vice president Li Cheng. 

At the end of the meeting, Yan Yu, chairman of the group, made an important speech. First of all, he expressed his affirmation and gratitude to all the staff for their work for the past year. In the speech, Chairman Yan Yu made an in-depth exposition on the reasons why Shining Star Group transformation, enterprise person-employing view and the key work in 2020, and also put forward new work requirements. He called on all staffs to continue to maintain a good state of mind and exuberant enthusiasm for work, strengthen the sense of responsibility, seize the opportunities for the transformation and development of the group, with rock-solid confidence, perseverance, uphold the enterprise style of rapid implementation, simple and efficient, resolute obedience and no excuses. To promote the development of the group and strive for innovation and resplendence.

On Dec 10, on behalf of Shining Star Group and Gold AYA Motors International Group, Chairman Yan Yu donated a vehicle to Consulate General of Myanmar in Kunming for its working utilization. The Consul General of Consulate General of the Union of Myanmar in Kunming, U Soe Paing expressed his warm hospitality to Chairman Yan Yu in the donation ceremony.

At 11:00 a.m., the donation ceremony started at Myanmar Consulate General in Kunming. Mr. Yan Yu delivered a speech at the beginning. He addressed that, along with the pace of China’s reform and opening-up, Shining Star group has made splendid achievements in Yunnan and China during the last 20 years. In 2013, President Xi Jinping has put forward the Belt and Road Initiative. With our own transformation and the window advantage of Yunnan to opening to the outside world, Shining Star Group took the step of "going global" and started overseas businesses. As the vital spot of Shining Star Group`s “going global” strategy, our group invested many projects in Myanmar, such as Yangon Kantharyar Centre, which is an urban comprehensive project; Gold AYA Motors in Mandalay, which was cooperated with BAIC Group. While pursuing self-development, Shining Star Group created more jobs for local residence and contributed to the development of Myanmar. Based on the operational requirements of the Consulate General, Shining Star Group donated the vehicle to provide working convenience to all officers and sincerely hope that the vehicle could make contributions in promoting Sino-Myanmar cooperation undertaken by Consulate General of Myanmar in Kunming. 

After then, U Soe Paing, the Consul General of Myanmar Consulate General in Kunming, delivered important speech to express his gratitude. He said, both China and Myanmar are making efforts to the Belt and Road Initiative. On December 7, the President Office of Myanmar announced the establishment of a Steering Committee for the tasks relating to the Belt and Road Initiative, which is chaired by State Counselor Aung San Suu Kyi. Yunnan and Myanmar are connected by mountains and rivers, enjoyed close people-to-people bond and frequent commercial contacts, which is of great importance in the Y-shaped China-Myanmar Economic Corridor is irreplaceable. As one of the "going global" enterprises of Yunnan Province, Shining Star Group invested a lot in Myanmar and provided favorable conditions for Myanmar's development. We looking forward there would be more enterprises could invest in Myanmar, like Shining Star Group. With the continuous progress of Sino-Myanmar cooperation, the staff of the Consulate General of Myanmar in Kunming has been increasing. The donation is just about the time. We are grateful for Shining Star Group`s substantial support for us. The two sides held a vehicle delivery ceremony and took a group photo at the end of the ceremony.

After the ceremony, U Soe Paing, the Consul General of Myanmar Consulate General in Kunming, had a symposium with Yan Yu, the Chairman of Shining Star Group, and his team members. The two sides had an in-depth exchange of views on the future development strategy of Shining Star Group, Myanmar's investment environment and other issues. Luke Lee, the President of Shining Star Group, Yan Jin, the Vice President, and Li Nan, Assistant to Chairman, attended the ceremony and symposium.