In terms of Foresight, Lingyi's R&D has achieved the transformation of cutting-edge technological information and needs into business opportunities. Lingyi iTECH has built a systematic three-tier R&D system to pay attention to the future development trends of the industry. Currently, Lingyi iTECH's forward-looking R&D mainly focuses on the application of new materials, such as the R&D and application of carbon fiber, glass fiber, ceramic metallization, ceramic fiber, 3D weaving, biodegradable PSA, waterproof breathable membranes, etc. Lingyi iTECH has joint R&D with the Yangtze River Delta Material Research Institute, Wuhan University, and the Changchun Institute of Applied Chemistry of the Chinese Academy of Sciences. Lingyi iTECH does not aim to increase revenue and efficiency by blindly expanding production capacity, but rather by upgrading products through the development of new technologies, evolving from general intermediate process products to ultimate form products. For instance, Lingyi iTECH is evolving from the original general shielding cans, springs, buttons, and so on, to precision components for sensors, cameras, and batteries. In the future, Lingyi iTECH also has plans for developing small parts with mechanical functions that are compatible with chips. LYCC (Lingyi Creative Center) can respond to the needs of cutting-edge products in a timely manner, conduct applied research, quickly design customer needs into products, and put them into mass production. As a global AI terminal hardware manufacturing platform, Lingyi iTECH empowers product innovation and technological development with strong R&D capabilities, achieving a successful transformation from OEM to JDM and ODM. Lingyi iTECH's R&D center in Taipei Salcomp has a comprehensive ODM capability, developing products such as micro-inverters, chargers, and complete devices. In addition, Lingyi iTECH's cutting-edge products are also developing towards Mini LED, XR terminal optical components, and integrated communication products with satellite filters.

In terms of Height, Lingyi iTECH has elevated the precision manufacturing process products to an independent product level, continuously expanding the product categories and optimizing the product structure. Lingyi iTECH's most competitive products at present are precision functional components such as die-cutting, stamping, and CNC. The more complex and precise the design of these parts, the more it becomes an advantage for Lingyi iTECH. After nearly two decades of experience accumulation, Lingyi iTECH's expertise in precision functional components has gradually been extended to the module and Softgoods fields. In 2023, Lingyi 's AI terminals and related communication products achieved revenue of about CNY 30.7 billion, with a gross profit margin of about 22%. The revenue of components such as power supplies, batteries, heat dissipation, displays, cameras, and frames accounts for a higher proportion, and the revenue of terminal-related components such as XR, folding screen phones, servers, and robots has grown rapidly. Heat dissipation products: Lingyi iTECH has the R&D, production capabilities, and systematic heat dissipation solutions for heat dissipation parts such as heat pipes and heat plates, air-cooled heat dissipation modules, liquid-cooled modules, graphite sheets, thermal pads, and thermal glue. The ultra-thin VC heat plate and heat dissipation solutions made of stainless steel have been equipped on several mid-to-high-end mobile phone models and have been mass-produced and shipped. Carbon fiber products: The carbon fiber structural parts of Lingyi iTECH have been adopted by the industry's leading customers for related folding screens and other mid-to-high-end mobile phone models and have been mass-produced and shipped. Smart Wear and XR: Lingyi iTECH works with customers to promote the delivery of the smart wearable device and continuously improves R&D topics and application technologies related to ergonomic design improvements. High-power power supplies: Lingyi iTECH makes full use of its R&D and design capabilities and production experience in planar transformers to provide customers and products with better design solutions.

In terms of Depth, Lingyi iTECH firmly believes that DEEP technology can lead to high efficiency and high profits. Lingyi iTECH possesses an unparalleled capability in process design and R&D, truly achieving the integration of process design, mold design, automation design, one-piece flow design, IE lean design, and big data application, forming a systematic R&D system. Lingyi iTECH continues to focus on process improvement and innovation with specific R&D directions. Lingyi iTECH has developed and optimized a series of core process technologies around market demand, such as intelligent AOI (Automated Optical Inspection) detection systems and fully automatic product inspection feedback adjustment systems, high-speed precision stamping technology, one-piece flow stamping, unmanned workshop technology, one-line flow solution for die-cutting, and stamping simulation technology, etc. By continuously innovating and adopting various advanced core manufacturing processes, scientifically applying lean production improvement methods and management tools, Lingyi iTECH reduced direct labor costs by about 6.76% in 2023 compared to the previous year. Lingyi iTECH enhances operational efficiency with advanced manufacturing. For example, traditional stamping part development mainly revolves around mold design and then integrates other processes. In contrast, Lingyi focuses on designing a one-piece flow process with intelligence as the main thread, integrating automation, intelligence (measurement, feedback, automatic improvement), molds, and IE lean improvement into this process. At the same time, with the assistance of the material laboratory, not only can the failure of the product be analyzed, but also the macro and micro aspects of the material can be delved into, to find the root cause and provide solutions and control measures. Lingyi iTECH integrates the development and application of artificial intelligence and robotics into an overall solution for automated industrial production. By combining self-developed multi-type, multi-functional CNC and automated equipment, it has built a leading intelligent production workshop in terms of technical equipment level, successfully creating an efficient modern smart factory. Lingyi iTECH has made a key contribution to Lingyi iTECH's profit growth by greatly improving operational efficiency through a series of innovations such as smart warehousing, 98X, OEE (Overall Equipment Effectiveness), benchmark workshops, Golden Line, IT quadruplication, the establishment of a big data mid-end platform, and industrial robots. Lingyi iTECH fully promotes Lean Manufactory, identifying and eliminating various forms of waste in the production process. Lingyi iTECH's Lean Manufactory is not a literature problem, but a math problem. Through comprehensive Lean Six Sigma management, Lingyi iTECH is promoting the optimization of repeated work in 2023, and has carried out paperless special projects, data report watchboard projects, process streamlining digital intelligence and other common special projects, with a combined optimization of more than 60,000 work hours. Lingyi iTECH's precision functional components and parts have fully achieved CPK1.33 and partially reached 2.0 in terms of stability of dimensional accuracy. The yield rate has reached more than 98.5% and the overall OEE has been realized to reach more than 85%. For functional components, from materials to each manufacturing process, strict verification and testing are implemented at the part end, and a comprehensive analysis of the impact of the process on function is carried out to ensure the functionality of the finished product is foolproof. The big data from online AOI (Automated Optical Inspection), after analysis, provides data support for process improvement and process control, allowing the product to be continuously improved during the iteration process, making the production process more accurate and optimizing the entire production process, such as reducing inspections and merging processes. In the end, low cost and high quality are achieved. Lingyi's IE lean production has also evolved from reducing waste and improving efficiency on-site to a systematic, flexible, and agile manufacturing approach, achieving a transformation from point to surface, to three-dimensional penetration. Lingyi iTECH implements the PDCA (Plan-Do-Check-Act) cycle management mindset, continuously reviewing, learning, and improving to achieve higher and deeper business quality and to discover newer and further business opportunities. Lingyi iTECH has achieved managers' commitment and rewards and punishments through regular reviews and organizational competitions such as Horse-racing Incentive Mechanism, internal audits and process reviews, customer feedback, and team debriefings, ultimately forming a complete organizational cycle management chain.

In terms of Internationalization, Lingyi iTECH promotes high-quality development with an international perspective and cultural integration. Lingyi iTECH adheres to an international development strategy that coordinates the development of multiple categories and regions, creating a world factory with an international vision. It has 58 production and service sites and 8 assembly bases globally, covering Asia, Europe, and the Americas. It also has R&D centers in China, Taiwan, South Korea, Turkey, Brazil, Vietnam, the United States, as well as settlement centers in China, Hong Kong, and Singapore. These centers integrate R&D and manufacturing capabilities to quickly respond to customer needs, achieving localized production management and global product delivery. In 2023, Lingyi iTECH's overseas bases saw a year-on-year increase of about 22% in revenue. Lingyi iTECH has a sufficient talent reserve to support its global business layout. By the end of 2023, Lingyi iTECH has more than 66,000 employees, and about 80% of VPs and above have an international working background or be able to use English as a working language. There are already more than 13,000 foreign employees in Lingyi iTECH's global staff. The proportion of female executives in Lingyi iTECH's management is about 21%. The proportion of female directors on the board is about 29%, which is higher than the latest global (25.8%) and Asia-Pacific (18.2%) levels. Lingyi iTECH empowers the high-quality development of overseas business with the integration of global employee cultures. In eight overseas regions, Lingyi iTECH conducts cultural training, cross-cultural communication, and manager interviews in six languages to promote cultural integration, covering 100% of overseas employees and executives. In terms of international talent management, Lingyi iTECH selects and cultivates a global talent team. In the past three years, it has provided more than 1,600 talents for overseas business and organized more than 90 talents to come to China for training, fully supporting the global business layout with a talent reserve.

In terms of Low Carbon，Lingyi iTECH has been practicing carbon neutrality declaration through energy conservation and emission reduction, carbon footprint management, energy management, the utilization of clean energy and energy storage, and material recycling. Lingyi iTECH continues to respond to the call for "carbon neutrality" goals, increasing the use of clean energy and accelerating the transformation of the energy structure. Over the past three years, Lingyi iTECH has purchased 1,044 million kilowatt-hours of clean energy, and the photovoltaic solar power projects have generated approximately 56.6 million kilowatt-hours of electricity, which is equivalent to a reduction of about 630,000 tons of carbon dioxide emissions. Lingyi iTECH continues to promote energy-saving renovations for key high-energy-consuming equipment such as air compressors, central air conditioning, and cleanroom FFUs. It actively cooperates with core customers in the EEP (Energy Efficiency Project) technical improvement certification, which includes the smart energy management system and carbon neutrality system certification work. This involves the construction of a plant energy IoT platform, the establishment of a smart energy platform, the promotion of the smart energy management platform across the group, as well as certifications for ISO14064-1, ISO14067, and ISO50001. In terms of material recycling, Lingyi iTECH actively deploys a variety of recycling and utilization methods, such as PET film and waste film particle application verification, waste film granulation and application verification, and the recycling of miscellaneous colored auxiliary materials. By controlling key points such as substitution integration, material optimization, and recycling utilization, Lingyi iTECH continues to promote the implementation of material recycling in various plant areas. In 2023, Lingyi iTECH's MSCI-ESG rating jumped to an "A" level.