What was Lightpower's revenue performance in 2023? What are the new plans for 2024? Join us as we delve into the details at the scene!

On February 25, 2024, Gopro proudly held its annual conference gala themed "Embarking on a New Journey, Creating a Glorious Chapter." The event was a celebration of Joy of a bumper harves, boasting a double growth in both revenue and profits for the company in 2023. Its main business progressed steadily, while significant breakthroughs were made in exploring new areas. Lightpower has achieved remarkable results. Let's explore the strategic decisions and execution practices behind this success!

Reversal Growth Driven by Dual Engines

At the opening of the annual conference, Lin Ruimei, Chairman of Gopro, stated in her speech that the company's double growth in revenue and profits in 2023 stemmed from its forward-looking strategy and the tireless efforts of the team. She shared with all employees and guests the secrets behind this reversal of growth trends.

▲ Chairman of Gopro, Lin Ruimei

AI Light Integrated Sensing: Meeting National Needs and Leading in Technology
Gopro has prospectively laid out its strategy in alignment with the country's need for core semiconductor devices, specifically in AI light integrated sensing packaging and testing technology. After six years of research and development, the company overcame the challenges of stacked packaging technology in 2023, resolving the bottleneck and filling a domestic gap, achieving domestic substitution. This marked a crucial victory in the company's strategic plan for rapid development of its second business curve, seizing the high ground of domestic AI light integrated sensor technology and achieving a leading position in the domestic market.

  Composite Materials: Industrial Investment and Technological Upgrades
In 2023, Gopro adhered to a dual-track strategy of "industrial investment + technological upgrades," building a closed-loop business ecosystem for composite materials. Significant breakthroughs were made in its business, obtaining bulk orders and entering the battery supply chain of renowned automotive manufacturers. By promptly seizing key customer opportunities, the company achieved an early lead.

In 2024, the company will continue to advance its domestic and international dual-cycle strategic layout, focusing on semiconductor light application businesses, AI light integrated sensing businesses, and cultivating polymer metal composite material businesses. Its goal is to bring the benefits of technology to the world and connect it through love.

          Industrial Upgrading and Incentivizing Win-Win Outcomes
Lin Guobiao, Deputy General Manager of Lightpower, stated: "In 2024, Lightpower will continue to center its efforts around the strategic intention of 'satisfying national needs, promoting social progress, and making forward-looking technological layouts and resource reserves in areas with significant market development potential.' We will deepen the implementation of our 'dual strategy' (independent brand + advanced manufacturing) and refine our business philosophy of 'meticulous craftsmanship, careful calculation, fine management, creating breakthroughs, innovative expansion, and high-quality development.' We will adopt a more diverse range of incentive policies to encourage all colleagues to take on leadership roles and bravely pursue new heights of innovation. Our goal is to achieve rapid growth in our first business curve, high-speed development in our second business curve, and diversified development in our composite materials business."

▲ Deputy General Manager of Gopro, Lin Guobiao

Talent Abounds, Endlessly Thriving
In the Lightpower family, talent is abundant. Collectively, they pool their wisdom and move forward towards common goals, demonstrating exceptional execution and collaborative combat capabilities. Talented individuals are rooted in a shared soil, continuously making breakthroughs, innovating, and promoting the high-quality development of Lightpower, ensuring its enduring vitality.

Honoring Excellence, Sharing Glory
On the stage of honor, we share our achievements, unite our forces, and pay tribute to the outstanding teams and individuals who have been honored.

Business Philosophy, High-Quality Development
From the annual conference, Lightpower's business philosophy stands out clearly. The dual approach of efficient management and innovative development allows Lightpower to continuously break through challenges and take on new horizons.

Meticulous Craftsmanship, Careful Calculation, Fine Management
Creating Breakthroughs, Innovating, Achieving High-Quality Development

Glorious Dinner, Gathering with Joy
Of course, the Lightpower annual gala wouldn't be complete without joy and delight. Exciting extras await with passion and excitement!

The grand dinner has officially kicked off.
Let's raise our glasses to celebrate the past glories and the bright future.
Wish Gopro shares to achieve long-term success and write a new chapter in the new year!