Fuan Motor and Electrical Appliance enterprises have adopted multiple measures to expand their overseas markets in response to changes
As a base for the export of small and medium-sized motors in China, our city has, in the face of the constantly changing situation of international trade this year, seen industry enterprises adapt to changes, closely focus on expanding emerging overseas markets and product innovation tracks, deeply explore export potential, and stimulate the vitality of foreign trade. In the first quarter, the total value of the city's foreign trade exports was approximately 2.5 billion yuan, with an increase of 20%. Among them, more than 70% came from the motor and electrical appliance industry.
Ye Wenhui, the general manager of Fu 'an Guoheng Industry and Trade Co., LTD
The core market of our company is still the Southeast Asian market. Last year, we had already achieved a scale of over 100 million yuan. In the first quarter of this year, our revenue approached 20 million yuan, representing a year-on-year growth of 35%.
Guoheng Industry and Trade Company is a massage device research and development and sales enterprise in our city. In recent years, it has seized the market opportunity of overseas shared massage chair development, delved deeply into cross-border e-commerce, and successively reached cooperation with customers from more than 120 countries and regions. This year, the company carefully analyzed the trends of the foreign trade market and launched a "large inventory, small orders" business model. By leveraging the vast supply chain of the massage equipment industry in our city, it expanded the inventory of various products. It changed its previous strategy of focusing on taking on large orders and instead sought fragmented small orders from all over the world to meet the current customers' procurement demands for "small batches, frequent frequency, and light customization".
Ye Wenhui, the general manager of Fu 'an Guoheng Industry and Trade Co., LTD
To cope with increasingly fragmented orders and customers, we have rented a warehouse of over 2,000 square meters, which is specifically designed to handle small and individual orders. By leveraging the advantages of the entire industrial chain, we assign some complex orders to factories with surplus capacity for production and some standard product orders to factories with relatively stable quality for production. This way, the efficiency is much higher.
Ye Wenhui, the general manager of Fu 'an Guoheng Industry and Trade Co., LTD
After digitization, customers' orders can be notified immediately on the day they are completed. This means that each order can save 5 to 10 days, which is equivalent to me doing 5 to 10 more days of orders and business. Accumulated over a year, in a year of 12 months, we can achieve 13 or 14 months of business.
Foreign trade enterprises have responded positively, and the government and relevant departments have also taken the initiative to act, launching a "combination of punches" to protect the development of enterprises. This year, our city will fully support the premiums of policy-based export credit insurance for small and micro export enterprises with an export volume of less than 7 million US dollars in the previous year. Meanwhile, relevant departments from the provincial and Ningde municipal levels are invited to conduct in-depth research at key export enterprises and assist them in solving practical problems. Actively organize enterprises to participate in important domestic and international exhibitions such as the Canton Fair and the Hannover Messe in Germany, further explore emerging markets for products, reduce the risk of reliance on a single market through diversified layout, and enable enterprises to move steadily and far in international trade.
General Secretary Xi Jinping's important speech at the private enterprise symposium has aroused a warm response in our city
General Secretary Xi Jinping attended the private enterprise symposium in Beijing on February 17 and delivered an important speech, which aroused a warm response among private economic people in our city. Everyone expressed that they should unify their thoughts and actions with the decision-making and deployment of the Party Central Committee on economic work, have the ambition to serve the country, and strive for development, and jointly contribute the private economy to promote Chinese-style modernization.
Ye Wenhui, General Manager of Fu 'an Guoheng Industry and Trade Co., LTD.
Enable the product to be made better and better. We hope to keep adhering to this path and achieve a breakthrough of 1 billion yuan in business turnover within three years.
In the motor and electrical appliance industry of our city, improving quality towards "innovation" is no longer an optional question for enterprises, but a consensus that must be answered. Guoheng Industry and Trade Co., Ltd. is a massage device product research and development and cross-border e-commerce enterprise in our city. In recent years, it has seized the market opportunity of the development of overseas shared massage chairs, established a research and development team, and created an integrated cabinet. Upgrading functions such as Internet of Things management and dynamic code payment, while retaining the original cash payment, over 20 software scanning code payments have been realized abroad, effectively solving the problems of difficult cash management and inability to be widely promoted for shared massage chair products overseas. So far, cooperation has been reached with customers in 118 countries. Meanwhile, during the interaction with foreign clients who were new to the shared massage chair business, Guoheng Industry and Trade Company learned that due to the significant differences in demands among regional consumer groups, the threshold for customizing massage chairs with a minimum batch of 30 to 60 units was relatively high for most clients. Therefore, the company adjusted its business strategy, adopted flexible supply, and formed a dedicated quality control team to ensure product quality. While winning a good reputation in the market, the export output value has also increased by more than 30%.
Ye Wenhui, the general manager of Guoheng Industry and Trade Co., LTD., said: "Even one unit can be customized. By leveraging the entire industry in Fu 'an, we can establish a flexible supply chain. If we don't have any, we can go to other factories to adjust. By spending more time solving users' problems, we will have more and more new customers." After these three or four years of companionship, they have grown larger and larger. The relationship they have established is very stable, just like starting a business together. Therefore, our profits will be a bit higher.
In recent years, our city has successively formulated and implemented the "Development Plan for the Motor and Electrical Appliance Industry Cluster in Fu 'an City" and the "Special Plan for High-Quality Development of Manufacturing Industry in Fu 'an City during the 14th Five-Year Plan Period", and issued the "Notice of the People's Government of Fu 'an City on Printing and Distributing Several Measures to Promote the High-Quality Development of the Motor and Electrical Appliance Industry in Fu 'an City" and the "Three-Year Special Action Plan for Digital Transformation of Traditional Industries in Fu 'an City". Through policy-driven efforts, the motor and electrical appliance industry has been promoted to improve quality and efficiency from aspects such as land guarantee, financing support, and brand building. Currently, the city has 12 provincial "specialized, refined, distinctive, and innovative" enterprises, 18 enterprises certified by the "two modernizations" integration standardization system, 17 provincial innovative enterprises, 1 provincial government quality award enterprise, 14 provincial leading technology small giants, and 10 provincial enterprise technology centers. There are 7 provincial and municipal leading talents in scientific and technological innovation and entrepreneurship. In 2023, the entire industry achieved a production value of 12.99 billion yuan.
The Zhongnan Hi-Tech Industrial Park facilitates the aggregation of industrial chains and industrial upgrading
Zhongnan Gaoke Yueli · Fu 'an Smart Health Industrial Park is located in Xibeiyang New District, Fu 'an. As the first high-quality modern industrial park with a benchmark and exemplary role in Ningde City, the project adheres to the operation mode of "three fast and one good", namely fast construction, fast investment promotion, fast production start-up and attracting good investors. The industrial investment promotion is fast and excellent. As of now, the first transaction volume has been sold out, and the second transaction volume is scarce, with single-story or multi-story garden-style factory buildings being vigorously recruited. More than 30 enterprises have now settled in, mainly attracting industrial clusters such as big health, new energy and intelligent manufacturing, to build a demonstration zone for industrial upgrading and integration of industry and city. The product design is diverse, mainly including 3.5F/5F frame factories, with three types of products: standalone, semi-detached and multi-story. The park will take advantage of Fu 'an's strong geographical location and solid industrial foundation to help the area attract more high-quality enterprises to settle in, and at the same time accelerate the transformation and upgrading of the regional industry.
At present, all the surrounding interfaces have become mature, and the sector is about to undergo a transformation. It is the best time to invest, build factories and start businesses!