From October 10 to 12, 2023, the China Friction and Sealing Materials Association held the enlarged meeting of the Third Council of the Eighth Session and the Second Standing Council of the Eighth Session in Wuhu City, Anhui Province. The vice president, executive directors, directors and representatives of the association, A total of 160 people, including some member representatives, attended the meeting. Focusing on the theme of "Green, Intelligent and High-Quality Development", the conference invited experts from the National Information Center and Zhengzhou University to give special reports on the automotive industry and digital economy; outstanding companies in the industry shared their experience; the conference organized delegates to visit the industry Factories of well-known downstream enterprises Chery Automobile Company and Bethel Safety Systems Company. This meeting is an important exchange and seminar held on the industry development situation after the establishment of the new council of the association. It focuses on the domestic and foreign macro-environment, the development direction of the manufacturing industry, the development trend of downstream industries and their impact on the industry, as well as the green and intelligent industry , conducted in-depth exchanges on issues and trends in innovative and high-quality development. Through exchanges, everyone has a clearer understanding of the current situation, a consensus on the future development direction of the industry, and more confidence that the industry will develop better and better. On the evening of October 10, the third meeting of the heads of the eighth council of the association was held. All the heads or representatives attended the meeting. The meeting was chaired by Zhen Minghui, the rotating president. Shen Bing, secretary of the association’s party branch and secretary-general, reported on the preparations for the current council; gave an overall introduction to the association’s work this year; and reviewed the work reports, financial reports and proposals submitted to the council for review. Explained. Honorary President Wang Yao introduced the situation of supporting the new team to carry out its work since the change of office, and further explained the main work and overall ideas that the association will carry out in the next step. Hebang Fiber actively participated in this meeting, learned about new friction material-related testing technologies and industry trends, and exchanged and learned with friends in the industry, deepening friendship. The meeting invited Lu Yao, senior economist of the Ministry of Information Industry of the State Information Center, to give a special report entitled "Situation and Prospects of Automobile Industry Development", introducing the market status of the development of the automobile industry in 2023. The current supply and demand of the automobile market has three major characteristics: Domestic demand Low external demand is high, petrol vehicles are low and electric vehicles are high, pure electric vehicles are low and plug-in vehicles are high. It is expected that sales will develop relatively well in the fourth quarter of 2023. In the long term, passenger car demand is expected to grow slightly in the next five years, returning to the high point in 2017 by 2026, and then driven by the growth in demand for updates, the growth rate of total demand will increase slightly.