From February 26th to 28th, 2025, the Guangdong Glass Industry Annual Meeting and Spring Festival Reunion Meeting, with the theme of "Recognizing the Situation, Clarifying the Direction, Actively Adjusting, and Innovating for Development," was grandly held in Shunde, Foshan. The chairman of Foshan LUOCKBAS Glass Precision Machinery Co., Ltd. was invited to attend this grand event, gathering together with authoritative experts, enterprise elites, and leaders of industry associations in the glass industry to jointly discuss the development trends of the industry and deliberate on plans for innovative development.
During the meeting, authoritative experts conducted in-depth interpretation and dissemination of the spirit of the Central Economic Work Conference, and comprehensively analyzed and forecasted the domestic and foreign macroeconomic situation, the operation situation of the glass industry, the market supply and demand situation, and the price trend in 2025. This enabled LUOCKBAS to have a clearer understanding of the current complex and severe industry situation: traditional demand has shrunk significantly, production capacity and inventory are at high levels, there is vicious market competition, prices have dropped sharply, and benefits have declined significantly. The industry urgently needs to transform, upgrade, and develop innovatively.
In the session of the Conference on the Integrated Development of Technological Innovation and Industrial Innovation in the Glass Industry, glass scientists and entrepreneurs had face-to-face dialogues and exchanges. Authoritative experts and scholars from well-known universities and research institutions actively carried out academic and technical exchanges with the heads of glass enterprises and R&D technicians, promoting the docking and cooperation between industry, university, and research. The representatives of LUOCKBAS were deeply inspired and realized that technological innovation and industrial integration are the keys for enterprises to break through difficulties and achieve high-quality development. LUOCKBAS has always attached great importance to technology research and development and innovation. In the future, it will further strengthen cooperation with universities and research institutions, introduce advanced technologies and talents, and enhance the core competitiveness of the enterprise.
At the National Local Glass Merchants Association Friendship and Work Exchange Meeting, the presidents and secretaries-general from various places jointly discussed the development direction of industry associations (chambers of commerce) under the new situation. We actively participated in the exchanges, shared LUOCKBAS's experience and insights in responding to market changes and promoting enterprise development, and also learned valuable experience from other enterprises. It was stated that industry associations play an important role in integrating resources, standardizing the market, and promoting industry exchanges and cooperation. LUOCKBAS will actively support the work of the association, work hand in hand with peers, and jointly promote the healthy development of the glass industry.
This Guangdong Glass Industry Annual Meeting and Spring Festival Reunion Meeting provided a platform for LUOCKBAS to have in-depth exchanges and learning with industry colleagues. The chairman of LUOCKBAS said that after returning to the company, he will translate the gains and inspirations from the meeting into practical actions, lead LUOCKBAS to actively respond to industry challenges, increase investment in innovation, promote the transformation and upgrading of the enterprise, and contribute to the high-quality development of the Guangdong glass industry. It is believed that with the joint efforts of industry colleagues, the Guangdong glass industry will surely welcome new development opportunities and achieve new breakthroughs in the new year.