SDLG 2024 Domestic Business Conference was held

Themed with "New Stage, New Measures, New Hope", SDLG 2024 Domestic Business Conference was held in Linyi, China on January 7, 2024. SDLG chairman Wang Zhizhong attended the conference and made an important speech, general manager Wen Degang made an annual work report. Shi Shengyong, deputy general manager of the company and general manager of the domestic marketing company, hosted the conference and made a market work report. Company leaders Wang Zhesen, Chi Feng, Wang Xiaohui, Song Xiaoying, Lin Yuecun, Chen Weitao, department heads, and dealers from all over China attended the conference.

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In his speech, the chairman first expressed his heartfelt thanks to the dealers who have worked closely with SDLG for a long time and contributed to the development of the construction machinery industry. The chairman pointed out that the current construction machinery market is still in the period of digesting the stock and hovering at the bottom. While recognizing the difficulties and challenges, we must be keenly aware that at the recent Central Economic Work Conference, it was cleared that we must take high-quality development as the overriding principle, take Chinese-style modernization as our top political priority, seek progress while maintaining stability, promote stability through progress, and adopt more policies that help stabilize expectations, growth and employment. Economic development is gradually picking up.

The chairman emphasized that in the past year, facing new requirements for industry development, SDLG has implemented a series of new strategies and measures to address challenges and accelerate development. In terms of overseas marketing, a new international strategy has been formulated and released, with the goal of establishing another SDLG in the overseas market in 5-7 years in terms of sales revenue. Currently, various measures are being implemented in an orderly manner, and the global channel layout is accelerating. In terms of domestic marketing, adjustments and optimizations are being made to the organizational mechanism and dealer management system, following the "three favorable" standards, to further integrate and empower dealers. The company is steadfast in consolidating and improving the three co-existing business systems of social distribution, direct operation, and equity participation. Efforts are being made to achieve a balance among market share, accounts receivable overdue, and operating margin.

The chairman emphasized that all dealers must firmly build confidence and see new hope. We should have full confidence in SDLG's products and market development, as well as confidence in SDLG's response measures. Reflecting on the past, all dealers and SDLG have worked together to face challenges. Looking ahead, as long as we fully utilize our experience and wisdom in the competitive market, bravely shoulder responsibilities and missions, we will be able to achieve new breakthroughs in fierce competition, create a new situation, and collectively write a new chapter in SDLG's high-quality development.

"随后，在题为“保持战略聚焦，创新变革，实施稳中求进长远发展”的报告中，总经理文德刚回顾了公司过去一年的运营情况，展望了当前宏观经济和行业形势，并提出了2024年营销工作路线图和关键措施。"

New Year, New Hope. Face to the new stage of development of construction machinery industry, this conference has defined new goals, deployed new measures, and further unified the thoughts, gathered consensus and strengthened confidence. SDLG will continue to work together with all the dealers, sparing no effort to develop and grow, through the wind and waves to succeed, and jointly create a more glorious tomorrow!