On October 23, Guoxing Optoelectronics (stock code: 002449) announced its third-quarter 2017 performance report. The report highlighted that the company performed well during the first three quarters of the year, with total operating revenue reaching 2.582 billion yuan, representing a 54.10% increase compared to the same period in the previous year.
Under the leadership of the board and management, Guoxing Optoelectronics implemented its strategic vision of "high-tech, market-oriented, and large-scale production" throughout the year. Following the "Climb New Summit" management policy, the company focused on strengthening technological innovation, expanding its market presence, and improving internal operations to fulfill its stage goals and reinforce its leading position in the industry.
**1. Strengthen Innovation and Drive Development**
In the first three quarters, the company actively invested in cutting-edge technologies, launching new products such as infrared, ultraviolet, color-adjustable temperature COB, and automotive lighting solutions. These innovations helped expand the application of LEDs into new sectors, creating new growth opportunities. The company added 11 provincial-level scientific research projects and submitted 24 new patent applications. It was also recognized as one of the top 100 high-tech enterprises in Guangdong for comprehensive innovation in 2017.
**2. Leverage Market Leadership to Accelerate International Expansion**
Focusing on high-end products, the company promoted key models like small-pitch RS series display devices, RooStar white light devices, and panel lights. These efforts showcased strong advantages in talent, technology, brand, and capital. As a result, the company successfully entered the global LED packaging top 10 list (IHS Markit) in the first half of 2017.
**3. Expand Production Capacity to Boost Manufacturing Scale**
With growing market demand, Guoxing continued to expand its production capacity. In 2016, it completed a 1.05 billion yuan investment in packaging expansion projects. In the first half of 2017, an additional 200 million yuan was allocated to further scale up its packaging operations. Additionally, the company expanded its upstream epitaxial chip projects to better support its packaging business.
**4. Implement Key Projects to Enhance Operational Efficiency**
The company focused on refining its management processes, aiming to strengthen foundations, improve mechanisms, and enhance efficiency. Through cost-cutting initiatives and process optimization, it improved production efficiency and resource allocation. This ensured high-quality and efficient operations across all departments.
**5. Promote Party Building for Long-Term Development**
Integrating party building with daily operations, the company emphasized ideological guidance and strengthened its organizational foundation. Through various party activities, it deepened relationships between the party and employees, driving business growth and enhancing overall corporate strength.
As the saying goes, “Achievements belong to the past, and the future has a long way to go.†Facing new challenges and opportunities, Guoxing Optoelectronics remains committed to its mission, guided by the spirit of the Party, focusing on high-tech development and market orientation. The company continues to work hard to achieve new milestones and contribute to the great rejuvenation of the Chinese nation.
**Subtraction Magnolia · Guangyu Guoxing**
Miki
Lingnan Guangzhao, the party Jianshuai business, strides forward, aiming for a thousand miles; subordinate national stars, climbing new peaks, small progress, vigorous and vigorous. Taking this as a discipline, Ding Yuqiu.
泱泱 晟 晟, all the great dreams of Chengchengchengcheng. Its national star, Chongmao was originally a soldier.
Nantian Zhu Feng, the fire of the fire is more prosperous. The party building first, the revolutionary production talks and laughs.
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