Enterprise Dynamics

Co-creation, co-construction and sharing——Laoguang Group’s first share reform meeting in 2023 was successfully held

2023-11-30
In order to realize the "Chinese Dream, the Dream of Wealth Creation, and the Dream of Lao Guang" as soon as possible, on November 25, 2023, Lao Guang Group held its first share reform brainstorming meeting. Group President Liu Shuiwen, general managers of various branches, legal adviser Lawyer Zhang, middle-level cadres of the group headquarters and other members participated in the meeting. The meeting conducted an in-depth discussion on the genetic reconstruction of the group's development and the 2025 share reform issue.



Enterprise WeChat and Tencent Zhiying start the reconstruction of Laoguang’s genes
Li Yumin from the Brand Center introduced the important role of enterprise WeChat in corporate communication. Through the in-depth use of enterprise WeChat, Laoguang Group can make information upload and download smoother and optimize corporate management; externally, it can improve customer satisfaction and loyalty, and help enterprises achieve more efficient and convenient communication and collaboration.



Then, Minister Li gave everyone a detailed introduction to the Tencent Smart Film project. Guangdong Laoguan Network Technology Co., Ltd., a subsidiary of the group, reached a strategic cooperation with Jiangxi Juwang Technology Co., Ltd., the national general agent of Tencent Smart Film, and became the Guangzhou city-level distributor of Tencent Smart Film. This marks that Laoguan Group has officially entered the digital and intelligent era.



President Liu Shuiwen fully affirmed the use of WeChat for Business and the Tencent Zhiying project. He pointed out that all branches should fully implement the use of WeChat for Business and the launch of AI digital people.
Share reform is about co-creation, co-construction and sharing
President Liu Shuiwen introduced the group's share reform project in 2025. This will be a major change in the history of the group and a key step for us to practice the "Chinese Dream, the Dream of Old Guangzhou, and the Dream of Creating Wealth" and help more people realize their dreams.



Mr. Liu pointed out that "as early as 2016, the company had subscribed for virtual equity, with a return rate of 169.57% in the first year. By 2021, the average return rate for the six years was 37.63%, several times the return rate of bank deposits. In 2021, the company faced transformation and its performance declined, so the company recovered the virtual equity."



We can see that since the group moved to Guangzhou South Station in August 2022, it has continuously adjusted its business and adjusted its business focus to two major sectors: aluminum profiles and smart doors and windows.
"Laoguang aluminum, only thick materials" is the pursuit of quality by Laoguang people and a commitment to customers. The share reform is our commitment to employees and the best proof of the group's integration of people and hearts.



At the meeting, general managers of branches, middle-level managers of the group headquarters and other participants raised their own questions about the 2025 equity reform project. Legal advisor Lawyer Zhang conducted professional analysis and answers to the legal questions raised by the participants. As for other questions, the group president's office recorded them one by one and stated that they would be resolved one by one in subsequent documents.



This meeting not only laid a solid foundation for the smooth implementation of the 2025 equity reform project, but also fully demonstrated the unity and positive spirit of the group. I believe that with the concerted efforts of everyone, the people of Guangzhou can share the development dividends of the group together.
Let us work together to create, build and share, and realize our Chinese dream, the dream of wealth creation, and the dream of Lao Guang as soon as possible!