On October 25, 2024, the industry Development Committee of Jinhua Decoration Association held an October work meeting in Zhejiang Classic Construction Co., LTD. This conference aims at the challenges and opportunities of the decoration industry under the current economic situation, and discusses new strategies for the development of the industry. Jinhua Decoration Association leadership and industry development committee members gathered together for the future development of the industry suggestions.

At the beginning of the meeting, Mr. Ye Tiyong, chairman of Zhejiang Classic Construction Co., LTD., who hosted the meeting, delivered a keynote speech entitled "Seeking Progress in innovation and change - Talking about the breaking of the decoration industry under the new situation". In his speech, Mr. Ye Tiyong made a systematic analysis of the current situation of the decoration industry, and put forward corresponding coping strategies combined with the situation of his own enterprise. He stressed that innovation is the core driving force to promote the development of the industry, and companies need to constantly update their business models and service concepts to adapt to the diversification of consumer needs. At the same time, enterprises should maintain a steady pace of development, strengthen internal management, and improve risk response capabilities. Mr. Ye Tiyong also shared the practice and experience of Zhejiang Classic Construction Co., Ltd. in innovation and change, providing a reference for colleagues in the industry.

In the ensuing discussion session, committee members conducted an in-depth analysis of the current situation of the decoration industry. The general view is that with the intensifying market competition and the continuous evolution of consumer demand, the decoration industry is facing multiple challenges, such as the reduction of market share, the decline of industry profit margins and the inadaptability of traditional business models and service concepts.

When discussing how to break through the bottlenecks in the development of the industry, the members put forward a variety of views combining the characteristics of their respective enterprises. Some members proposed to strengthen brand building, enhance corporate awareness and reputation; Some members stressed the importance of technological innovation and personnel training in order to enhance the core competitiveness of enterprises; There are also suggestions to expand market channels, strengthen cooperation with upstream and downstream enterprises in the industrial chain, and realize resource sharing and complementary advantages.

After in-depth discussion, the participating members reached a consensus on the development direction of the decoration industry under the current situation. It is agreed that in order to achieve breakthroughs and development in the decoration industry, we must adhere to the principle of innovation and change, seek progress in stability, strengthen cooperation and exchanges between enterprises, and jointly promote the healthy development of the industry.

The meeting also clarified the next step of the work direction of the industry development committee of Jinhua Decoration Association. The committee will strengthen the research and analysis of the development trend of the industry to provide more accurate market information and policy guidance for enterprises; Organize all kinds of training and exchange activities to improve the innovation ability and management level of enterprises; Strengthen communication and coordination with government departments, and strive for more policy support and resource guarantee.

In the face of opportunities and challenges under the new situation, Jinhua decoration industry will take this meeting as an opportunity to strengthen confidence, innovation and change, seek progress in stability, and continue to promote the high-quality development of the industry. It is believed that under the guidance of the industry Development Committee of Jinhua Decoration Association and with the joint efforts of all member enterprises, Jinhua decoration industry will be able to usher in a better tomorrow.