Inventronics (Hangzhou)(SZ:300582)2023-05-12 02:22Group 1: Company Performance - In 2022, the company achieved total operating revenue of 23,228.61 million yuan, a year-on-year increase of 6.72% [1] - The operating profit reached 151,139.38 million yuan, growing by 8.66% compared to the previous year [1] - The net profit attributable to shareholders was 20,156.92 million yuan, reflecting a year-on-year growth [1] Group 2: Core Competitiveness - The company's core competitiveness lies in its leading R&D and technological advantages, comprehensive product line, global layout, and ability to provide customized solutions [1] - The company maintains high product quality stability and reliability, along with strong brand recognition and reputation [1] Group 3: Growth Strategies - In 2023, the company plans to continue major asset restructuring and enhance industrial synergy [1] - The focus will be on advancing globalization strategies to improve international market competitiveness and risk resistance [1] - Lean management will be promoted to enhance global operational management capabilities and achieve cost reduction and efficiency improvement [1] Group 4: Globalization Efforts - The company has established a global marketing and service system, distribution system, and overseas factories since its inception [3] - Future plans include enhancing global marketing and service systems, improving global information infrastructure, and building a global supply chain [3] Group 5: Market Outlook - The LED plant lighting market is expected to grow rapidly due to factors like food crises caused by extreme weather [4] - The market in Europe showed good growth in 2022, primarily in fruits, vegetables, and flowers [4] - Long-term demand for plant lighting is anticipated to steadily increase as the industry becomes more specialized [4]