Look at the results to strengthen our direction, look at the gap to correct our behavior

At the beginning of the New Year in 2024, Luoyang Yaolon held the 2023 annual summary conference, and the chairman of the board proposed that our senior management needs to be quiet, quiet, serious, rigorous and pragmatic. Middle management should: think, write, say, do, the more difficult the more to go all out, redouble efforts, with pioneering and innovative ideas to cope with the constantly changing market.

In 2023, the annual meeting of various enterprises has come to an end, and the new products, policies, and scale are the most ever. The corporate performance of the cognitive market has doubled, and the enterprises far from the market are struggling, the same industry, different channels, some people are happy and some people are worried.

In the context of the economic downturn, the downgrade of consumption, and the decline of purchasing power, our three business segments achieved an overall growth of 18%, which on the surface is gratifying. But the next market situation is bound to be violent, the price war is becoming more and more fierce, we must use innovative methods to solve the difficulties in the forward, to occupy the market with quality, service to win the market, differentiated new product development market, quality stability and consolidation of the market.

The achievement of 2023 is the correct leadership of the company's senior management, the firm implementation of the middle level, and the emergence of a number of frontline employees who work hard and make contributions in their respective positions. Because of these individuals, I see the hope of the company's innovation; Because these employees who do not follow the crowd and stick to their professional ethics, let me see the hope of standardized management of the company; Because these employees who regard the interests of the company as their personal interests, they have laid a number of solid pillars for the development of the company.

In 2024, the company focuses on the business strategy: six increase and six stability, six products, five management, and the marketing center strictly implements the concept of learning to catch up, firm the confidence of the company's strategic transformation, and then take the initiative to improve efficiency and reduce costs. I hope that everyone can learn from the excellent collective and excellent employees their innovative spirit, fighting spirit and hard-working spirit.