General Manager Kong Qingsheng: On the "Transformation and Upgrading" of Enterprises Under the New Situation
Release time:
2012-12-27
In 2012, domestic and international economic development entered a period of shifting gears and accelerating speed. The instrument and meter industry was affected not only by the economic environment and policies but also by the malignant development of the industry. Against the backdrop of weakening global economic growth momentum and a significant increase in the instability and uncertainty of recovery, the objective reasons for the decline in corporate profit margins lie in the turning point of the demographic dividend and the rapid rise in labor costs caused by socioeconomic development, as well as the soaring costs of land, environment, safety, and energy. Another reason is a non-objective factor, namely, the faster growth of tax and fee costs caused by China's unique institutional design, and the continuous increase in institutional costs. At the same time, changes in the international market environment and the shift in the speed of domestic economic growth led to a decline in corporate revenue. This resulted in a "wave of bankruptcies" among a number of small and medium-sized enterprises, the essence of which lies in the thin profit margins of these enterprises.
In recent years, Tianwei Instruments has experienced continuous growth, starting from a small instrument and meter Brand and developing into an industry leader today. In 2013, it officially launched a transformation plan. Currently, natural gas flow meters and liquid volume flow meters have become the preferred choice in the instrument and meter market. Mid-to-high-end products with a "technology label" are gradually becoming the mainstream consumer preference. Therefore, Tianwei Instruments has introduced the most advanced gas instrument testing center and liquid instrument testing center. Currently, it is increasing the mass production of rotary vane flow meters, waist wheel flow meters, vortex flow meters, oilfield-specific flow meters, elliptical gear flow meters, gas Roots flow meters, and mass flow meters, investing heavily in transforming traditional mechanical processing into fully CNC and automated integration. A highly efficient quality technology team has been established to develop high-standard, high-quality CNC products. General Manager Kong Qingsheng stated that they will continue to increase the research and development efforts of new technological products and continuously apply the latest scientific research achievements to new products. Under the pressure of both revenue and cost factors, "transformation and upgrading" has become the only way out for enterprises; that is, to transform from extensive operation, high consumption, high cost, and low efficiency to enhance the core competitiveness of the enterprise.
Tianwei Instruments invites you to "work together for development, share aspirations, and set sail for a new journey." We will continue to fully support the development of the instrument and meter industry with higher-quality products and better services.
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