Press Release
Resilience and Growth of LESSO Amid Industry Challenges
China, 5th Nov 2024 – Against the backdrop of a weak global economic recovery, sluggish demand in China has posed significant challenges to various industries, particularly the real estate sector and its associated supply chains, which continue to operate at low levels. In such an environment, a company’s resilience and innovation capacity become increasingly crucial. The ability to seek breakthroughs in adversity and identify new growth opportunities amid challenges has become a key measure of a company’s competitiveness.
On August 29, LESSO released its interim report for 2024.
In the first half of the year, the company achieved a revenue of RMB 13.564 billion and a gross profit of RMB 3.728 billion, with a gross margin of 27.5%, remaining relatively stable compared to the same period last year.
Overall, the industry’s downturn continues to have a negative impact on LESSO, in line with market expectations. Notably, through timely price adjustments and cost control, the company has maintained a stable gross margin, reflecting its strong market adaptability and highlighting its leading position and sound business strategy in the industry.
1. Focus on Core Business and Diversification of Pipe Products
An analysis of the company’s business structure reveals that “focusing on core business” has been the foundation of LESSO’s stable growth.
In the first half of the year, the company’s plastic pipe system business generated a revenue of RMB 11.219 billion, accounting for 82.7% of the group’s total revenue, an increase of 2.7 percentage points compared to the same period last year. This was achieved through flexible sales strategies and effective cost controls, including optimized supply chain management, enhanced production automation, and advanced cost accounting systems, all of which helped reduce production costs and improve cost efficiency. As a result, despite weak external demand, the core business has remained stable.
At the same time, leveraging its leading position and refined internal cost control, the company ensured the gross margin of the plastic pipe business remained steady, with a gross margin of 29.5% in the first half, nearly unchanged from 30% in the same period last year.
Looking ahead, as the plastic pipe industry matures, the era of stock competition will inevitably lead to further concentration within the sector.
In this competitive market environment, leading companies like LESSO can capitalize on economies of scale to continuously reduce costs, while small and medium-sized enterprises may struggle to replicate such strategies. As outdated, low-end capacities are gradually phased out, market share will increasingly concentrate in the hands of industry leaders.
Moreover, under the theme of high-quality development, the market is becoming more mature. Poor-quality products will no longer find a foothold, and product quality will become the key to securing orders. Only industry leaders can ensure both quality and cost-effectiveness, allowing them to succeed in fierce market competition.
For industry leaders like LESSO, this presents a promising long-term growth opportunity.
Currently, the real estate sector remains at the bottom of its cycle, and its impact on the plastic pipe industry is unlikely to reverse in the short term.
In response, LESSO has actively pursued horizontal and vertical innovation across multiple fields, diversifying its pipe product offerings and developing new products to reduce its dependence on the real estate market. By tapping into high-potential sectors, such as hydrogen and oil pipelines, the company is expanding its market.
Take hydrogen pipeline as an example, under the guidance of carbon neutrality goals, the demand for renewable energy continues to rise. For hydrogen energy, storage and transportation technologies are key to its large-scale commercialization, driving corresponding market demand. It is estimated that by 2030, China’s hydrogen pipeline network will exceed 5,000 kilometers.
However, hydrogen transportation pipelines face several challenges, especially in material selection. LESSO’s innovative RTP flexible composite hydrogen pipelines meet industry standards, addressing a critical gap in the domestic market.
With its strong technical reserves and industry expertise, LESSO is well-positioned to provide high-quality solutions for hydrogen, oil, and other downstream applications, supporting industry upgrades while unlocking long-term growth potential for itself.
2. Going Global and Seeking New Growth Drivers
In the current global economic landscape, weak domestic demand has become a common challenge for many industries. In this context, companies are increasingly looking overseas for new growth drivers, and LESSO is no exception.
In the first half of the year, LESSO’s overseas market revenue reached RMB 1.323 billion, a year-on-year increase of 15%, raising the share of overseas revenue from 7.5% last year to 9.8% this year. The core plastic pipe business also grew by 3.8% overseas, reaching RMB 522 million.
This demonstrates that LESSO’s overseas expansion strategy has become an important growth driver for the company.
To date, LESSO has established production bases in countries such as Indonesia, Cambodia, Thailand, and Malaysia, achieving localized production and sales.
LESSO has strategically focused on the Southeast Asian market, particularly in developing countries. These nations typically have younger populations and underdeveloped infrastructure, which presents significant potential for the construction and infrastructure industries.
Recognizing this, LESSO has accelerated its overseas market expansion, leveraging its strong technological capabilities and comprehensive product systems.
Unlike typical overseas expansions, LESSO’s strategy involves more than just exporting products; it also includes exporting technology, brand, and management expertise. By leveraging local resources and adopting asset-light and trade models, the company is advancing its localized brand development overseas.
LESSO plans to establish production bases in Tanzania and Vietnam to further expand its overseas market influence. Preparations for these facilities are progressing well, with the Vietnam base expected to be operational by Q4 2024, providing a new growth engine for the company’s global strategy.
Compared to overseas peers, LESSO has a strong product advantage. As one of the most comprehensive manufacturers in China’s pipeline and building materials sectors, LESSO offers over 10,000 high-quality products, widely used in home renovation, civil construction, municipal water supply, drainage, energy management, electricity, telecommunications, gas transmission, firefighting, environmental protection, agriculture, and marine aquaculture.
With a diverse business portfolio, LESSO is well-positioned to capture opportunities across various sectors, enhancing its global market share and overall influence.
The company has established over 30 advanced production bases in 19 Chinese provinces and overseas countries. Its extensive distribution network includes 2,891 exclusive first-tier distributors, ensuring timely and efficient delivery of a wide range of high-quality products and professional services to customers.
LESSO’s localized branding strategy not only boosts its local visibility but also strengthens consumer trust and loyalty.
3. Conclusion
In the short term, the complex external environment will continue to pose challenges to China’s macroeconomic landscape, but the resilience of the economy indicates a long-term upward trajectory. Moreover, future macroeconomic policies will likely further stimulate market vitality and growth, creating a healthy development environment for various industries.
For companies, adapting to industry trends and minimizing the impact of external factors on business development is crucial.
LESSO has set a strong example, leveraging its advanced manufacturing capabilities to drive product innovation and add momentum to its high-quality growth. At the same time, it is capitalizing on the wave of globalization by expanding its localized presence in overseas markets, continuously enhancing its brand influence and expanding revenue sources.
As the global economy gradually recovers and the company’s strategies are further implemented, we have every reason to believe that LESSO will continue to achieve sustainable growth through its robust strength and resilience.
Media Contact
Organization: LESSO
Contact Person: Benjamin Xian
Website: https://en.lesso.com/
Email: Send Email
Country: China
Release Id: 05112419448
The post Resilience and Growth of LESSO Amid Industry Challenges appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
United States, 18th Apr 2025 – A timeless poetry classic, “Woods, A Peace by Jane Summers,” weaves together themes of serenity, leadership, and personal harmony. With thought-provoking verses that can be analyzed and translated into broader thematic discussions, this collection is a must-read for poetry enthusiasts and scholars alike.
Renowned poet Jane Summers presents Woods, A Peace, a distinguished collection of poetry that delves into the essence of tranquility in various settings. This book is an artistic exploration of peace as a driving force for success, personal growth, and leadership. Through carefully crafted verses, Summers illustrates how the presence of peace fosters progress and harmony, emphasizing its role in guiding individuals toward a fulfilling and balanced life.
Each poem in the collection unfolds like a miniature story, offering readers an opportunity to reflect, interpret, and even create their own essays based on the poetic themes. The versatility of Woods, A Peace makes it not only a profound literary experience but also an educational resource, as its content can be translated into various abstract topics for deeper analysis. With her signature eloquence and depth, Summers once again proves why her works remain poetry classics.
Immerse yourself in the timeless poetry of Jane Summers and experience the profound themes of peace, leadership, and harmony. Whether you’re a poetry lover, a student of literature, or someone seeking inspiration, Woods, A Peace is a must-have addition to your collection. Order now on Amazon and embark on a poetic journey toward tranquility and wisdom!
Dive deeper into the world of poetry and explore the literary works of Jane Summers. From Woods, A Peace to her other poetry classics, her writings inspire reflection, peace, and creativity. Visit JaneSummersPoetryClassics.com to learn more about the author, explore her books, and stay updated on her latest works!
About the Author
Jane Summers, the pen name of Durga Madiraju, is a distinguished poet, author, and creative visionary. She has authored several poetry classics, including Reserved Words and Comments, A View to a Door, and Conversation of Windows. In addition to her literary achievements, she is a software engineer, composer of piano classics, and a filmmaker with expertise in movie direction and acting. Summers is also the creator of the new language, Durvue, further showcasing her innovative spirit. With a deep commitment to artistic expression and intellectual exploration, she continues to inspire readers worldwide with her poetic works that champion peace, introspection, and leadership.
Media Contact
Organization: Jane Summers Poetry Classics
Contact Person: Durga Madiraju
Website: https://www.janesummerspoetryclassics.com/
Email: Send Email
Country:United States
Release id:26624
View source version on King Newswire:
Woods, A Peace – A Poetic Journey into Tranquility by Jane Summers
It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
United States, 18th Apr 2025 – A timeless poetry classic, “Woods, A Peace by Jane Summers,” weaves together themes of serenity, leadership, and personal harmony. With thought-provoking verses that can be analyzed and translated into broader thematic discussions, this collection is a must-read for poetry enthusiasts and scholars alike.
Renowned poet Jane Summers presents Woods, A Peace, a distinguished collection of poetry that delves into the essence of tranquility in various settings. This book is an artistic exploration of peace as a driving force for success, personal growth, and leadership. Through carefully crafted verses, Summers illustrates how the presence of peace fosters progress and harmony, emphasizing its role in guiding individuals toward a fulfilling and balanced life.
Each poem in the collection unfolds like a miniature story, offering readers an opportunity to reflect, interpret, and even create their own essays based on the poetic themes. The versatility of Woods, A Peace makes it not only a profound literary experience but also an educational resource, as its content can be translated into various abstract topics for deeper analysis. With her signature eloquence and depth, Summers once again proves why her works remain poetry classics.
Immerse yourself in the timeless poetry of Jane Summers and experience the profound themes of peace, leadership, and harmony. Whether you’re a poetry lover, a student of literature, or someone seeking inspiration, Woods, A Peace is a must-have addition to your collection. Order now on Amazon and embark on a poetic journey toward tranquility and wisdom!
Dive deeper into the world of poetry and explore the literary works of Jane Summers. From Woods, A Peace to her other poetry classics, her writings inspire reflection, peace, and creativity. Visit JaneSummersPoetryClassics.com to learn more about the author, explore her books, and stay updated on her latest works!
About the Author
Jane Summers, the pen name of Durga Madiraju, is a distinguished poet, author, and creative visionary. She has authored several poetry classics, including Reserved Words and Comments, A View to a Door, and Conversation of Windows. In addition to her literary achievements, she is a software engineer, composer of piano classics, and a filmmaker with expertise in movie direction and acting. Summers is also the creator of the new language, Durvue, further showcasing her innovative spirit. With a deep commitment to artistic expression and intellectual exploration, she continues to inspire readers worldwide with her poetic works that champion peace, introspection, and leadership.
Media Contact
Organization: Jane Summers Poetry Classics
Contact Person: Durga Madiraju
Website: https://www.janesummerspoetryclassics.com/
Email: Send Email
Country:United States
Release id:26624
View source version on King Newswire:
Woods, A Peace – A Poetic Journey into Tranquility by Jane Summers
It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Paediatric First Aid, the UK’s leading provider of specialist first aid training for childcare professionals, today announced it has successfully trained over 20,000 learners, marking a significant milestone in its mission to enhance child safety across the nation.
Building on this achievement, the company has unveiled plans for an ambitious nationwide expansion that will bring its expert-led, hands-on training programmes to more regions throughout the UK, helping to ensure that childcare professionals everywhere have access to high-quality first aid education.
Find out more about Paediatric First Aid at: https://www.paediatricfirstaid.co.uk/
A Commitment to Child Safety
Since its establishment, Paediatric First Aid has been dedicated to providing comprehensive first aid training tailored specifically to those working with children. The company’s specially designed courses have equipped thousands of childcare practitioners, teachers, nursery staff, and parents with the knowledge and skills needed to respond confidently in emergency situations involving infants and children.
“Reaching 20,000 trained learners is more than just a number for us,” says Sarah Jeffries, Director of Paediatric First Aid. “It represents 20,000 professionals who are now prepared to take immediate action in those critical moments when a child might need life-saving intervention. We’re incredibly proud of the positive impact our training has had on child safety across the UK.”
The milestone coincides with recent research highlighting the vital importance of specialised paediatric first aid training. According to statistics from the Royal Society for the Prevention of Accidents, over 40,000 children under the age of five are admitted to hospital following accidents in the home each year. First aid intervention by properly trained adults can significantly reduce the severity of injuries and, in some cases, save lives.
National Expansion Plans
The company’s expansion strategy includes opening new training centres in key locations throughout the UK, starting with facilities in Manchester, Birmingham, Glasgow, and Cardiff scheduled to open within the next six months. Additional centres in Newcastle, Bristol, Southampton, and Belfast are planned for early 2026.
This growth will be supported by the recruitment of over 30 new certified trainers, all of whom will undergo Paediatric First Aid’s rigorous instructor qualification programme to ensure consistent, high-quality training across all locations.
“We’ve seen increasing demand for our services in regions where we previously had limited presence,” explains Sarah Jeffries. “Our expansion is a direct response to this need. We believe every childcare professional in the UK should have access to the highest standard of paediatric first aid training, regardless of their location.”
The company is investing over £2 million in the expansion, which includes state-of-the-art training equipment, realistic simulation models, and innovative digital learning resources to complement hands-on training sessions.
Enhancing Training Standards
As part of this growth phase, Paediatric First Aid is also introducing enhanced course offerings that reflect the latest medical guidelines and emergency response protocols. New specialised modules include managing allergic reactions and anaphylaxis, responding to febrile seizures, and addressing mental health emergencies in older children.
The company has worked closely with paediatric healthcare professionals to develop these new training components, ensuring all content is medically accurate and reflects current best practices.
Paediatric first aid training addresses the unique needs of children in emergency situations. Children’s physiology, psychology, and the types of emergencies they experience differ significantly from adults. The specialised training that Paediatric First Aid provides is essential for anyone responsible for children’s wellbeing, focusing on age-appropriate techniques and responses.
Industry Recognition and Regulatory Compliance
Paediatric First Aid’s training programmes are fully compliant with Ofsted and Early Years Foundation Stage (EYFS) requirements. The company’s courses are recognised by all relevant regulatory bodies, ensuring that participants receive certification that meets industry standards and legal requirements.
Community Impact and Corporate Responsibility
Alongside its commercial operations, Paediatric First Aid has demonstrated a commitment to broader social impact through its community outreach programme. Over the past year, the company has provided free or subsidised training to over 100 individuals working in underfunded community childcare settings.
The expansion will see this programme grow, with a commitment to train at least 200 community workers annually by 2027.
“We believe that every child deserves to be in an environment where adults are prepared to respond effectively in an emergency,” says Sarah Jeffries. “Our community programme ensures that financial constraints don’t prevent childcare providers from accessing this essential training.”
Looking to the Future
As Paediatric First Aid embarks on this expansion journey, the company remains focused on its core mission of enhancing child safety through education and skills development.
Future plans include the development of a digital learning platform to complement in-person training, research partnerships with leading paediatric healthcare institutions, and potential international expansion in the coming years.
“Training 20,000 learners is just the beginning,” concludes Jeffries. “With our nationwide expansion, we’re working toward a future where every childcare setting in the UK has staff trained to the highest standards in paediatric first aid. Every child deserves nothing less.”
About Paediatric First Aid
Paediatric First Aid is the UK’s leading provider of specialist first aid training for those working with or caring for children. Offering fully accredited courses that meet all regulatory requirements, the company combines medical expertise with practical, hands-on training to ensure participants develop both the knowledge and confidence needed to respond effectively in emergency situations involving children.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Woods, A Peace – A Poetic Journey into Tranquility by Jane Summers
Woods, A Peace – A Poetic Journey into Tranquility by Jane Summers
Paediatric First Aid Celebrates Training Milestone and Announces Nationwide Expansion
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