Core Insights - The company participated in the 2025 Shenzhen Listed Companies Investor Online Reception Day, addressing key investor concerns regarding industry trends, strategic planning, overseas expansion, and financial optimization [1][2]. Industry Trends - The traditional lighting sector faces intensified competition, while emerging fields such as automotive lighting and Mini/Micro LED are expected to drive growth due to technological advancements and expanded applications. The industry is shifting from scale expansion to high-quality, high-value development [3]. Strategic Planning - The company aims to enhance revenue and net profit through a dual strategy: optimizing product structure by focusing on high-margin clients and markets, and implementing lean production and cost control measures [4]. Overseas Expansion - The company plans to invest in a manufacturing facility in Thailand to address the complexities of global trade and meet the demands of customers in Europe, North America, and Southeast Asia, thereby strengthening supply chain resilience and core competitiveness [5]. Financial and Operational Optimization - To tackle rising inventory and decreasing cash flow, the company will utilize data-driven demand forecasting and improve production efficiency. It has established partnerships with leading brands like TCL and Konka in the Mini LED backlight television sector and is deepening collaborations in the automotive display field [6]. Additional Insights - The company’s production in Changzhou is operating normally, with capacity utilization adjusted based on market demand. Mini/Micro LED remains a long-term growth focus, with continued investment despite project delays due to industry conditions. The company specializes in LED packaging and solutions, without venturing into CPO, PCB, or IC design and manufacturing [6]. - Governance improvements have been made in response to regulatory communications, ensuring normal operations are unaffected [6].