Core Insights - The chairman of Hisense Group emphasized the importance of balancing tradition and innovation for sustainable growth in Chinese enterprises [1][2] - Hisense's global revenue increased from 141.1 billion yuan in 2020 to 215.3 billion yuan in 2024, reflecting a compound annual growth rate (CAGR) of 11% [1] - The proportion of overseas revenue rose from 38.9% to 46.3% during the same period, indicating a successful international expansion strategy [1] Group 1: Business Strategy - Hisense has diversified its business from home appliances to emerging sectors such as semiconductors, smart energy, and automotive electronics [1] - The company focuses on "Local for Local" strategy during its international expansion, fostering connections with local communities [1] - Hisense aims to strengthen its new industries by seizing opportunities in technological and management innovations [1] Group 2: Governance and Modernization - Since 2022, Hisense has initiated systematic reforms across four dimensions: strategy, organization, talent, and processes to enhance corporate governance [2] - The company has set a dual goal for 2024 to build a world-class enterprise and achieve a world-class brand [2] - Hisense is committed to improving its governance structure by learning from advanced global enterprises and promoting board diversity [2]