Shanghai Mayor Meets with Chairman of Corning Inc. Board of Directors, Looking Forward to Company's Help in Shanghai's Manufacturing Transformation and Upgrading.

The Mayor of Shanghai Gong Zheng met today with the Chairman of the Board and CEO of Corning Incorporated, Wendell P. Weeks, and his delegation. Gong Zheng said that Shanghai has always been one of the most favored investment destinations for foreign businesses and a preferred location for the global industrial supply chain layout of multinational corporations. Currently, Shanghai is actively promoting new industrialization, nurturing and developing new productive forces, and accelerating the construction of a modern industrial system with advanced manufacturing as its core. Advanced materials are an important foundation for the development of the manufacturing industry. We will promote innovation in advanced materials through high-end applications, accelerate the construction of a world-class advanced materials industry hub, and hope to deepen cooperation with Corning Incorporated for mutual benefits in the future. We look forward to Corning Incorporated increasing their investment and presence in Shanghai, continuously enhancing the position of their Shanghai headquarters in the company's global layout, and helping to transform and upgrade Shanghai's manufacturing industry, attracting global innovative elements such as technology, talent, and capital to gather in Shanghai and deeply integrate into the local manufacturing supply chain. We welcome the company to continue strengthening regular communication with us and providing suggestions for optimizing the business environment in Shanghai. Wendell P. Weeks said that under the wave of artificial intelligence, Corning Incorporated is now facing a new period of development opportunities, and Shanghai is an important part of the company's future development plan. We position Shanghai as the center of our business in China and even Asia. Shanghai has an excellent business environment, and we appreciate the strong support from Shanghai in areas such as intellectual property protection, making us feel like "Shanghai is our home." The company will continue to increase investment in production capacity, technology, and other aspects in Shanghai, and launch more products, services, and solutions for the global market. Corning Incorporated is a global leader in materials science innovation. The company has been rooted in Shanghai for a long time, deeply cultivating China, and has established the Greater China regional headquarters, Display Technologies headquarters, and three manufacturing bases in Shanghai.