Based on the above analysis of the company's strategy, aligned with its vision and development realities, the board of directors and strategy committee, after numerous discussions, formulated a strategic plan for the next few years. Over the next three years, the company will adopt a growth strategy.
Guided by the vision of "becoming the world's leading brand in floating oil seals" and the mission of "being the technology leader in floating oil seals," the company adheres to its core values of "honesty, innovation, pragmatism, and harmony." With a focus on improving asset operational efficiency and market share, and with a priority on innovating floating oil seal products, the company will implement a capital expansion strategy centered on its core products and increase investment in technology. The goal is to achieve a main business revenue of 115 million yuan and a profit of 17 million yuan by 2025.
Under this strategic guidance, the company has clarified its future economic development objectives and formulated supporting sub-strategic objectives. The strategic progress of the company's economic objectives is outlined in Table 4.2-6.