Manufacturers based in the Xinghua Economic Development Zone, located in Xinghua city, East China's Jiangsu province, have been ramping up production in October to meet annual output targets.
One of them, Xinghua Zhongxing Electric Manufacturing, specializes in producing water pump products, with 90 percent of its products exported overseas.
It has established a research and development, manufacturing and sales system that integrates diversified product lines such as submersible pumps, onshore pumps and clean water pumps.
From January to September, the company generated sales of 120 million yuan ($16.85 million), a year-on-year increase of 20 percent and it is expected to achieve sales of 160 million yuan for the year.
An exterior view of the premises of Xinghua Zhongxing Electric Manufacturing. [Photo/Xinghua Economic Development Zone via WeChat account jsxhkfq]
Meanwhile, Donghua Chain Xinghua, a subsidiary of Hangzhou Donghua Chain Group, is advancing technological innovations and R&D to achieve its transformation and upgrading.
At present, the company's plate chain series of products account for 50 percent of the domestic market and over 40 percent of international market shares, exporting to countries including the United States, Germany and Japan.
A selection of chain products made by Donghua Chain Xinghua. [Photo/Xinghua Economic Development Zone via WeChat account jsxhkfq]
Elsewhere, intelligent sorting machine manufacturer Taizhou Baoxiang Machinery is sparing no efforts in its production, in a bid to meet its 500-million-yuan sales goal set at the start of the year.
It will extensively develop its intelligent sorting operations and expand the smart logistics market, striving to achieve a sales target of over 2 billion yuan within five years.