Xin Technology News (Text/Li Taihong), Xu Jieli, the only son of New Jinbao Group Chairman Xu Shengxiong, attended the Kang Shufa meeting for the first time on the 8th. Regarding the recent trade war, Xu Jieli said that the company will continue to deepen its development in mainland China and the Philippines. In terms of layout, although some customers have requested that production lines be moved to areas outside the mainland, this should be regarded as a global layout rather than moving out of the mainland.
Xu Jieli pointed out that Kangshu will cooperate with other companies in the group to win orders together. At the same time, it will consider maximizing benefits and select the place of production according to the situation. In addition, Xu Jieli also revealed that he hopes to establish his own supply chain in the Philippines.
Regarding the operation strategy, Xu Jieli said that automation is the focus of Kangshu in the future. After all, labor costs in mainland China continue to increase and there are recruitment problems. Kangshu has been promoting automation since 2017. In 2018, it has its first automated production line. Production of transformers. The focus of operations this year is still on the power supply division, which will maintain stable growth. The focus is on eliminating material inventories and improving gross profit margins.
Regarding the company's asset disposal, Xu Jieli also explained that land disposal and asset activities are to allow the company to have more funds. Because the general environment is unstable, there are sufficient silver bullets for new investments. (Proofreading/Tuantuan)
