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The CPC party branch of Hengbo Holdings Co., Ltd. was established on July 1, 2004. Hengbo Holdings Co., Ltd., where the party branch is located, has 850 employees, including 25 party members. Since its establishment, before thoroughly implementing the spirit of the 17th National Congress and the Third Plenary Session of the 17th Central Committee of the CPC, the party branch has carried out in-depth activities of "Creating 5 Stars · 5 Goods" activities (i.e., Good party members, Good working mechanism, Good development performance, Good mass reflection, Good leadership team), "3 Expansions" (Expand coverage, Expand work, Expand working methods), "3 Services" (Serving enterprises, Serving employees, Serving the society), and implementing the activity of "love, competing and comparing" of party members. Vigorously strengthen the ideology, organization, style and capacity-building of party organizations in non-public enterprises, and constantly enhance the creativity,

cohesion and centripetal strength of party organizations. It also strengthens the leadership of armed forces departments, trade unions, Communist Youth League, women's federations, science and other mass organizations, and give full play to them.

Hengbo has introduced the PDCA circular management method into its operation, so that it is in the process of steady continuous improvement, to promote the scientific development of enterprises and realize the common development of party building work and enterprises. The company's party branch has won the demonstration site of party building of the "Two New" organization of Luqiao District, and the title of "Advanced Party (General) Branch" of Luqiao District Committee of the Communist Party of China for consecutive years. Party building has become a booster for the company's development, leading to the company's rapid growth over the years.