Reported 7 months ago
During the 113th annual shareholders' meeting of Dongyuan Chemical held on June 12, 2024, Chairman Xu Xudong mentioned that while the global economy is not excellent, it is also not in bad shape. He emphasized that the key to economic recovery lies in observing China, as its consumption and manufacturing power greatly impact the global economy. Xu also discussed the recent trend of AI applications in manufacturing industries and the challenges and benefits it brings. Despite the slow global economic recovery, Xu highlighted the importance of companies focusing on their strengths and niches. Dongyuan Chemical is actively engaging in transforming its operations and developing green products. The company's revenue from specialized chemicals and green products is expected to increase in the coming years, driven by new product launches and increased production capacity utilization rates.
Source: YAHOO