On December 23, 2020, the 2020 High-quality Development Forum for Listed Companies and Gold Quality Award Ceremony was formally hosted by the Xinhua News Agency and Shanghai Securities News in Shanghai. Zhejiang Tiancheng Automatic Control Co., Ltd. (Tiancheng Automatic Control) won the award for Gold Quality and Technology Innovation.

On December 23, 2020, the 2020 High-quality Development Forum for Listed Companies was hosted by Shanghai Securities News. Multiple important guests, who were supervisors and company leaders, made excellent speeches respectively. This forum attracted the senior executives of 435 listed companies with the total market value of over 17.8 trillion yuan. 

The theme of the forum is to establish a new development pattern and to spread the market strength. Chen Guojun, Secretary of the Party Committee of and Chairman of Shanghai Securities News Co. Ltd., made a speech of welcome first. Huang Yong, a member of the Party Committee of and Deputy General Manager of China Securities Investor Services Center Co., Ltd., also made a speech. The Deputy Director of the Listed Company Supervision Department of CSRC Jiang Xiaoyong, the Chairman of China Association for Public Companies Song Zhiping, the Deputy General Manager of Shanghai Securities Exchange Dong Guoqun and the Deputy Director of the Listed Company Supervision Committee of Shenzhen Securities Exchange Fu Yan attended the forum and made keynote speeches. In 2020, the Chinese capital market celebrated its 30th birthday. CSRC pointed out that improving the quality of listed companies is an inherent need in achieving the high-quality development of the capital market, is crucial for the capital market to serve the new development pattern and is of primary importance in the overall further reform of the capital market. The high-quality development of listed companies is of unprecedented importance. The 2020 “Gold Quality” Listed Company Selection, which was hosted by Shanghai Securities News, aimed to select powerful engines in shifting from old drivers of economic growth to new ones in China and to explore the development direction of the capital market with all parties. 

Technological innovation is an eternal driving force of corporate development. Tiancheng Automatic Control has been highly praised in the industry since it has continuously invested and made outstanding achievements in the development of aircraft and automobile seats for years. Tiancheng Automatic Control has been rated as an outstanding supplier by many aircraft, automobile and engineering machinery manufacturers, such as Airbus, SAIC, Dongfeng Motor, China National Heavy Duty Truck Group, Foton Daimler, Caterpillar, Sany Heavy Industry, XCMG and Liugong. As it won the Award for Gold Quality and Technological Innovation this time, Tiancheng Automatic Control has been fully recognized in the capital market in terms of technical research and development. 

These awards embody that investors and industrial personnel recognize and support Tiancheng Automatic Control and show that they have confidence in the growth and development of Tiancheng Automatic Control. In 2021, Tiancheng Automatic Control will continue to increase the investment in research and development, speed up the development of new products, offer quality products to customers and pay back investors by good performance.