Hisense V.T.(SH:600060) Zhong Guo Jin Rong Xin Xi Wang·2025-10-31 03:24Core Viewpoint - The fourth Confucian Business Conference emphasizes the theme "Honest Confucian Businessmen Moving Forward," highlighting the importance of innovation and adaptation in the face of rapid technological and industrial changes [1][5]. Group 1: Company Strategy - Hisense is accelerating its industrial transformation and upgrading, aiming to elevate its home appliance industry to higher value chains, with products like the RGB-Mini LED TV priced at $25,000 and leading global sales in 100-inch TVs for three consecutive years [5][6]. - The company is also strategically investing in new industries such as semiconductors, smart energy, and automotive electronics, achieving the highest global shipment of timing control chips and leading in gallium arsenide solar cell production in China [5][6]. Group 2: Technological Innovation - Hisense has successfully developed and mass-produced RGB three-dimensional color control liquid crystal display technology, enhancing China's influence in the new display sector [5][6]. - The company focuses on addressing genuine consumer pain points rather than engaging in price wars, exemplified by the successful launch of a family-sized washing machine that sold nearly 10,000 units within a month due to high market demand [5][6]. Group 3: Organizational Mechanism - Since 2022, Hisense has undergone systematic reforms across four dimensions: strategy, organization, talent, and processes, establishing an agile structure with "small headquarters and large industries" [6]. - The company has set up seven overseas regional operation centers to strengthen its presence in high-end markets and expand into emerging markets, ensuring decision-making power is close to the market [6]. Group 4: Ecosystem Development - Hisense is enhancing innovation through industry-academia collaboration, having facilitated investments from 138 suppliers in Shandong since 2021, generating over 10 billion in new output value [6]. - The company is building a comprehensive smart home appliance industry chain, promoting deep collaborative ecosystems that contribute to Shandong's high-quality development [6]. Group 5: Cultural Influence - The Confucian spirit significantly influences Hisense, fostering a unique cultural competitiveness characterized by integrity, altruism, innovation, and pragmatism [3][5]. - The company aims to embody the mission of "Honest Confucian Businessmen Moving Forward," aspiring to become a world-class enterprise and contribute to global economic governance [6].