Helping enterprises move up industrial chain for growth

(China Daily) Updated: 2017-05-15

Shengrui, Weichai Power, GoerTek and Foton, which are four leading businesses in the zone in terms of technological development capacity and sales revenue, have set big goals and are now striding toward them.

Weichai, one of the key diesel engine developers in China, has developed a spare parts distribution center in the zone aimed at expanding along the industrial chain. It has set a goal to be a Fortune-500 listed company in the upcoming years.

GoerTek, a leading acoustics company in China, has successfully diversified its product portfolio by tapping into the smart wearables industry. The business plans to recruit more industrial experts to support its long-term development.

Andrew Bright, who was responsible for the initiation and execution of audio integration across Apple's iOS Mac OS and Apple Watch product lines, joined GoerTek in April 2015 and serves as general manager of GoerTek Europe.

Shengrui plans to continuously expand its market share in the world with its core technologies.

Foton will promote its engine and complete vehicle development, and seek expansion online. It has developed the Shandong internet automotive development base to support internet-based vehicle development.

Apart from the "big four", many smaller but high-growth businesses also set development goals and strive to turn dreams into reality.

HOACO Automation Technology, a precision equipment maker in the zone, plans to develop a smart die-cutting equipment base in the zone.

Tian Rouxin, assistant chairman of the board of the company, said that some of the world's most advanced technologies and machines have been installed in the base.

HOACO's die-cutting machines were used to produce raw materials for leading electronic product developers including Apple, Huawei and Oppo.

The zone has developed several facilities to support business growth. It has made substantial progress in the construction of several industrial parks, focusing on international power, photo-electricity, healthcare and virtual reality.

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