On the morning of June 18th, 2022, Li Kaishun, CEO of ASIMCO Group, gave a speech on the history, future strategy, transformation and upgrading of ASIMCO Group to 52 people in the management team and reserve echelon of ASIMCO Camshaft in the conference room 205. The speech topic is “Review the Past, Live up to the Present, and Create New Chapter”.
        First of all, Li started from three aspects: the founding of ASIMCO, the management philosophy of successive CEOs, and the changes brought about by several changes of shareholders. He guided everyone to think about the corporate management structure and clarified the role of shareholders in different periods on ASIMCO. The value of shareholders is not only to bring capital investment, but more importantly, shareholders’ expectations will bring advanced management concepts to the company and continuously empower the group and operating companies. With the entry of Zhengzhou Coal Mining Machinery Group, shareholders’ cognition also promotes the continuous improvement of management cognition of ASIMCO Group, injecting power and vitality into the further development of ASIMCO. 
        Then, according to the business development planning of ASIMCO Group, combined with the expectations and requirements of shareholders, Li depicted the overall goal and key layout of the Group from 2023 to 2030. Combined with his own growth experience, he attached importance to learning ability to improve personal cognition, how to learn quickly, and emphasized that managers should be brave in change and not afraid to touch contradictions. The cognition of the main person in charge and the core management team determines the core competitiveness of the enterprise. From the perspective of development, Li analyzed the false proposition of "small but beautiful", and warned everyone not to be afraid of competition, and expand the domestic market firmly, deepen the products and expand the international market.
        Thirdly, Li analyzed the development direction of the global automobile industry, the schedule of new energy, the behavior of domestic and international industry competitors, and the current opportunities and challenges of ASIMCO from the domestic and international environment, the 2030/60 carbon emission target, and the national policies. He described the strategic direction of the future transformation of ASIMCO Group, concentrating resources and gathering new growth points. And he put forward a clear expectation for the group’s digital upgrading and transformation, and gave a specific digital strategic road map, warning everyone to realize soberly that with the social progress and the development of manufacturing industry, digital upgrading is no longer the demand to enhance competitiveness, but the basic condition for the future survival of enterprises.
        During the period, Li interacted with the participants many times to help everyone understand the strategies of the Group, and encouraged young people to embrace the future bravely, which got positive responses by everyone. The atmosphere of the speech was at a high climax. 
        Finally, Chen Aiguo, general manager of ASIMCO Camshaft, gave some views, compared the different development ideas brought by the change of shareholders to ASIMCO Camshaft, thanked CEO Li for his clear exposition of the Group’s strategy. He also said that all camshaft staff should cherish and firmly grasp the development opportunities brought by shareholders, make camshaft products the best in the industry, and make due contributions to the realization of the Group’s strategic goals.