At the beginning of the conference, Absen general manager Ding Chongbin systematically reviewed the main operating results in 2022 and planned the way to win in 2023. In 2022, Absen achieved total operating income of 2.796 billion yuan, a year-on-year increase of 20.09%; net profit attributable to shareholders of the parent company was 200 million yuan, a year-on-year increase of 568.69%. The outstanding operating performance is the result of Absen's continuous insistence on "truth", highlighting "fastness", and resolutely promoting the implementation of the company's strategy.
In 2023, with the trend of accelerated penetration of LED displays, market segments such as conference room scenes, virtual shooting, department store retail, and outdoor advertising will continue to see good growth. In the era of great changes, Absen will insist on starting from the value chain and moving forward together with its partners, assisting the transformation of LED displays from engineering components to standardized products, promoting the expansion of industry application scenarios, and continuing to create maximum value for customers.
Absen always regards supply chain partners as its most valuable wealth, continues to strengthen communication with suppliers, and is committed to building a closely connected and uniquely advantageous supply chain ecosystem. At the meeting, Absen's management team interpreted Absen's capabilities from the dimensions of digital Absen, products and technology, procurement, quality and delivery, supply chain capabilities, and honest cooperation, clarified the requirements for suppliers, guided suppliers to develop comprehensively and collaboratively in in-depth cooperation, promoted capability improvement, and truly achieved a win-win situation.
Absen Vice President Zhao Kai analyzes the current status and requirements of the supply chain
Absen Digital Operations Director shares the digital Absen approach
The deputy general manager of Absen’s strategic marketing system introduced the product and technology layout
In response to some hot issues in the current industry, Hong Zhen, secretary-general of the Light-emitting Diode Display Application Branch of the China Optical and Optoelectronics Industry Association, conducted an in-depth analysis of the overall development trend of the LED industry chain. Looking forward to the prospects of the LED display industry in the brand era, Hong Zhen said: "Behind the power of the brand is quality assurance." Against the background of the increasing concentration of brands in the industry, Absen adheres to "authenticity" and highlights "fast", firmly advocates the branding of complete machines, and has set an effective example for promoting the healthy development of the industry.
At the conference, Absen Chairman Ding Yanhui delivered a keynote speech on "Sticking to Truth, Emphasizing Fastness", deeply explaining the rich connotations and core values of "truth" and "fast", and proposing Absen's strategic advancement path for the first time.
"Truth" is the core of Absen's corporate culture, which is directly reflected in the three no principles of "no lying, no fraud, and no bribery". Adhering to "truth" makes Absen's management standardized and more efficient. On this basis, Absen has formed a "fast" competitive advantage. In 2022, Absen's overall operating cycle will be 55 days, significantly leading the industry. This is a direct manifestation of "fast". As a "fast" achievement, Digital Absen leaves other competitors behind.
From efficiency leadership, product leadership to technology leadership and ecological leadership, "truth" and "fast" together provide inexhaustible driving force for Absen's steady development.
Absen Strategic Advancement Path
Finally, this conference also commended supplier partners with outstanding performance and awarded medals on site.
At this global supply chain conference, Absen conducted in-depth communication and exchanges with supplier partners from various aspects such as industry development and business management, and firmly established their cooperative relationship on further trust and consensus. In the future, Absen will continue to adhere to "authenticity" and highlight "fastness", promote the common progress of the supplier ecosystem, build a more competitive and innovative supply chain, and contribute to building a new future development pattern of the LED display industry.
ANNA