This year, the enterprises in Chenzhou City have been stepping up the production for the rising orders and seeking better development.
More than 300 staff in the workshop are working hard in an orderly manner in Hunan Xiezhen Electronics Co., Ltd. Located in Chenzhou Free Trade Zone, this high-tech enterprise specializes in research and development, production and sales of LED-driven and new energy power supply products, etc.
Since the end of 2020, the company has witnessed an explosive growth of orders year by year from European and American markets. By the first quarter of this year, the company has reserved enough orders worth 350 million yuan and many new orders are still under negotiation.
What contributed to the company’s rise in orders in such a competitive electronic industry? The company has independently researched and developed the core competitive products. Innovation makes it possible for the company to produce the cost-effective products, provide key products for which there are no substitutes on the markets, and make a quicker response to the market changes.
Electronic products update rapidly and only innovation can maintain the vitality of development. So Hunan Xiezhen Electronics Co., Ltd. introduced talents from first-class universities to strengthen its research and development teams and improve its innovation ability every year. At present, its research and development teams with more than 100 people has developed over 30 series of products.
There is no end to innovation and research. Since this year, the company has launched its own new products of KNX building intelligent control system and KNX power supply. The good business environment plays a pivotal role in the development of enterprises. This year, the Hunan Free Trade Zone Chenzhou area has implemented the relevant provincial economic policies and actively introduced foreign investments to seek high-quality development.