Everything is thriving, and thousands of sails are advancing together. It's June 6th again.
On this special day, our destinies are intertwined, and we breathe together. At 34 years old, Gongjin Electronics has become an inseparable economic unit deeply embedded in China's economy and the global economic landscape. The company's development has always echoed the main theme of the times. In 2024, the company's performance fell to a historical low since its listing. Looking at the global situation, the world economic growth momentum is weak, geopolitical conflicts are emerging one after another, and trade protectionism is intensifying. Looking at the industry cycle, over the past two decades, Gongjin Electronics has been fortunate to seize the opportunity of the booming network communication market and usher in leapfrog development. However, in recent years, the traditional network communication industry has become increasingly mature, and the overall market scale has contracted intensely. Upon internal review of its own operations, the company faces growing pains in transitioning from old to new growth drivers, and its innovation and transformation still need to be promoted and implemented. The company's main business is intertwined internally and externally, leading to stagnation and decline.
