Dear Modula Family Members,

On this New Year filled with hope and challenges, I would like to extend the sincerest greetings and blessings on behalf of Modula to all of you! Best wishes for a prosperous start to work!

Looking back, the establishment of Modula’s Suzhou factory in China is undoubtedly a significant milestone in our global development strategy. This factory not only marks our deep penetration into the Asia-Pacific region but also provides strong support for Modula’s global strategy, market expansion, and supply chain optimization.

With the vigorous development of the Asia-Pacific economy, the demand for intelligent warehousing equipment is growing steadily. The completion of the Suzhou factory enables us to capture this market opportunity more quickly and respond precisely to customer needs. At the same time, the Suzhou factory, together with our production bases in Italy and the United States, jointly forms Modula’s global production network, further enhancing our market competitiveness and supply chain efficiency. In particular, the localized services provided by the Suzhou factory allow us to meet the urgent needs of customers in the Asia-Pacific region at the fastest speed – delivery within four weeks, which is undoubtedly one of our major competitive advantages. Additionally, China’s developed manufacturing industry and comprehensive industrial supporting system have injected strong momentum into Modula’s global supply chain system.

At Modula, we firmly believe in the corporate philosophy of “people-oriented”. Employees are our most valuable asset and the cornerstone driving our continuous development. Therefore, we are committed to creating a superior, comfortable, and safe office environment where every employee can find a sense of belonging and achievement. At the same time, we are fully aware of the importance of safety production, so we adhere to the principle of zero risk in the production environment to ensure the personal safety of every employee.Furthermore, we actively respond to the call for environmental protection by installing solar panels, practicing energy-saving and environmentally friendly sustainable development concepts, and contributing to a greener Earth.

The past year has been a year in which Modula’s warehousing solution capabilities have been continuously demonstrated. We have not only been listed on the “Top 10 Warehouse Solution Providers in Asia-Pacific 2024” by the internationally renowned logistics technology journal “Logistics Tech Outlook” but also established a strategic partnership with Jabil, a Fortune 500 company. We have also shone at various exhibitions and become the focus of attention in the industry.

These honors and achievements are inseparable from the hard work and dedication of every Modula member. Here, I would like to express my heartfelt gratitude to you all!

Looking ahead, challenges coexist with opportunities. We will seize the moment to continue promoting the development of Modula’s intelligent warehousing and automated storage systems in the Asia-Pacific region. I will always be with you, working together to write an even more glorious future for Modula.

Finally, I wish everyone good health, smooth work, and a happy family in the new year! Let’s move forward together and create a brighter future for Modula!

——Miguel A. Fabra