Chapter 103 Annual Meeting



Chapter 103 Annual Meeting

The SNK annual meeting was held in the banquet hall of the International Hotel in City C. The on-site decoration was both elegant and technological.

The giant LED screen played SNK's important moments from the past year, and the huge venue was packed.

Members of the board of directors from the German headquarters flew in specially to attend the event, and many important partners including Liao Ming of Harmony Medical and Mr. Li of the Lee Group were also present.

Jin Shuning was leading the members of the President's Office to make sure that every important guest was properly taken care of.

The senior executives of SNK Asia Pacific were all dressed in suits and ties. When they saw Shi Yanchen appear, they took the initiative to step forward and greet him.

Shi Yanchen greeted the board members in fluent German, and his every move revealed his extraordinary demeanor.

"Leon is really young and promising," said Kohler's director at the German headquarters with a smile, "This year's layout in the Asia-Pacific region was very successful."

"Thank you for your trust." Shi Yanchen said modestly in a low and pleasant voice.

Pei Song sat in the seat reserved by the department, looking at the tall figure surrounded by people.

Shi Yanchen is so high-spirited that he exudes a charm that cannot be ignored.

He was not wearing the same clothes he had worn in the morning, but a black suit.

This discovery made Pei Song's heart move slightly, and he couldn't help but wonder: "When did he change his clothes?"

"Now, please welcome Mr. Shi Yanchen, President of SNK Asia Pacific, to give us a New Year's speech."

As soon as the host finished speaking, the audience burst into thunderous applause.

Shi Yanchen walked onto the stage amid applause, his eyes calmly sweeping over the nearly a thousand elites below the stage.

Under the spotlight, he exudes an aura of majesty without even being angry.

"Good afternoon, colleagues and distinguished guests."

His voice was deep and powerful. "In 20X4, under multiple challenges such as energy crisis and geopolitics, the global manufacturing industry is undergoing a new round of restructuring. However, there are opportunities in crisis, and SNK Asia Pacific still delivered a brilliant report card."

"This year, our revenue in the Asia-Pacific region reached US$85 billion, a year-on-year increase of 25%. In the core business of industrial automation, we have successfully provided intelligent upgrade solutions for more than 600 manufacturing companies. It is particularly worth mentioning that in developed markets such as Japan and South Korea, we have successfully broken the monopoly of local companies through technological innovation. The market share has increased from 23% last year to 31%, ranking first in the industry."

"In emerging markets, we seized the historic opportunity of India's manufacturing transformation and signed contracts worth more than US$10 billion this year. At the same time, we actively expanded into the Southeast Asian market, with business growth in Vietnam, Indonesia and other places exceeding 50%. These achievements are inseparable from the efforts of every colleague here."

"Technological innovation has always been SNK's core competitiveness. This year, R&D investment in the Asia-Pacific region reached 15% of revenue. The new generation of industrial IoT platform IIuT

6.0, which is widely used in high-end fields such as semiconductor manufacturing, precision instruments, and new energy vehicles. This platform also won the group's annual technology innovation award, fully demonstrating the R&D capabilities of the Asia-Pacific team. "

"At the same time, we actively explore innovative applications of technology. The 'Happy Elderly Home' project successfully introduced industrial-grade intelligent systems into the field of elderly care services, achieving cross-border extension of technological value. This innovative model has been highly recognized by the group headquarters and will be promoted to the European and American markets next year."

"Looking ahead to 20X5, the global economic situation is still full of uncertainty. However, SNK always believes that crises breed opportunities and challenges hide opportunities. The Asia Pacific region will accelerate technological innovation and market layout around the strategic policy of 'innovation-led, value-creating'."

"In terms of technological innovation, we will set up three R&D centers in Tokyo, Singapore and Bangalore to build an innovative R&D network in the Asia-Pacific region. R&D investment will increase by 30% on the existing basis, focusing on cutting-edge fields such as intelligent manufacturing and industrial metaverse."

"In terms of market expansion, we will continue to deepen our presence in mature markets such as Japan and South Korea, and strive to break through 40% market share. At the same time, we will increase investment in emerging markets such as India and Southeast Asia, and strive to double our market share within three years. In addition, we will also actively seek M&A opportunities to achieve rapid expansion of our business through external growth."

His eyes swept across Pei Song in the audience, and his tone became more determined:

"SNK believes that the wave of industrial intelligence has just begun. Let us work together to drive development with innovation, create value with technology, and jointly write a new chapter for SNK in Asia Pacific. Thank you."

There was thunderous applause from the audience.

Pei Song looked at the high-spirited figure on the stage and couldn't help being moved.

This is Shi Yanchen, a top business elite who can manage multinational companies, a leader with vision, foresight and responsibility.

"Now we will move on to the performances!" the host announced. "The heads of the various departments present will serve as judges and score each program."

"First, let us enjoy the song and dance performance "We Are Not Young" brought by the Finance Department!"

Pei Song sat in his seat and watched with great interest. As a performer in one of the company's finale shows, he was not in a hurry at all.

While watching the show, I could see through the glass door backstage that several colleagues in my department were busy preparing.

Li Ming was distributing headsets to everyone, reminding them of precautions from time to time.

"Now we enter the first round of lucky draw!" As soon as the host finished speaking, the names of the employees began to scroll rapidly on the big screen.

As an insulator from winning the prize, Pei Song sat in his seat with a calm mind.

From childhood to adulthood, he has never won a lottery, and has long developed a mentality of just watching the fun.

"5, 4, 3, 2, 1——" The scrolling suddenly stopped, and a list of 50 winners appeared on the screen.


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