On 6th January, the 2023 work summary and 2024 work target meeting of LESSO Group with the theme of "double increase in volume and efficiency, focus on the world; consolidate and strengthen excellence, keep pace with the times" was held in Courtyard Marriott Shunde Foshan. The management of the Group pointed out at the meeting that it should continue to plough into the main industry and apply new fields; focus on the global market and increase the development of overseas markets; optimize the production management to ensure the double increase of volume and efficiency; and re-divide the product categories in the market, so as to change the external thinking about LESSO. Guangdong Province, the scope of listed companies above the level of supervisors and some staff representatives, the province and overseas subsidiaries above the level of supervisors and representatives of the management of affiliated companies attended the meeting on site.
At the meeting, representatives of subsidiaries in Shaanxi, Malaysia, Hainan and Hunan, heads of the Group's marketing and brand management centre, legal department, customer service centre and vice presidents of each line summed up the achievements and shortcomings in 2023 and reported the work plan for 2024.
ZUO Manlun, Executive Director and CEO of LESSO, said that as the economy enters a new cycle, market demand is decreasing, sales in all industries are declining, consumption is downgraded, and the industry involution is very serious, and many industries are experiencing unprecedented hardship. 2023, the Group actively faced difficulties through various and measures, and achieved a small increase in sales. In terms of business management, some subsidiaries implemented the responsibility system, the effect was more obvious, and most of them achieved the expected effect and played a certain effect.
Looking ahead to 2024, Mr Zuo stressed that we should continue to focus on the main industry, adjust the industrial structure, and strengthen the segmented areas in the hope that each area to be the biggest and strongest and most specialized, to seize the market. Strengthen the product matching and formula transformation, reduce costs to improve performance and product competitiveness, for the region to check the development of different cost-effective products, tap a larger market share, retrofitting channels is to say that the anger of the stock market, I hope that the relevant departments take the initiative to actively cooperate with the active capture of the engineering channel distribution channel market.
The company headquarters deployed the sales target of overseas market in the past three years, then, the leaders of the important customer business unit, internal control centre, legal department, human resources centre made detailed arrangements, the group board of directors, chairman Huang made the final instructions, he analyzed the group's investment in the past five years, as well as real estate epidemic and other impact on the company's business, for the company's development in the next few years, chairman Huang pointed out that the company should pay close attention to the performance management. All subsidiaries and departments should designate detailed performance programmes for the company to give full play to its own strengths, consolidate and strengthen its strengths, actively expand overseas markets, focus on the world, and move forward steadily.
