Jiangsu Mingxing Sofa Accessories Corp, located in Hailing district of Taizhou, Jiangsu province, has focused on modernization and has promoted its intelligent transformation in recent years.
Founded in 2009, Jiangsu Mingxing is a national high-tech enterprise dedicated to developing and manufacturing multi-functional sofa iron frames.
To maintain stable development amid the various challenges faced by the traditional manufacturing industry, the company has undergone intelligent transformation and upgrading.
In the stamping workshop, the high-speed punch presses have been upgraded to automation after modifications.
Xie Zhenbin, the workshop director, introduced that one worker can manage two pieces of equipment after installing the automatic sensing and monitoring system, increasing production efficiency by 50 percent.
In addition, the company has also strengthened product development and launched new products.
"We develop new styles based on our customers' personalized needs", said Quan Zengwu, the deputy general manager of Jiangsu Mingxing.
According to Quan, the company has invested 20 million yuan ($2.85 million) in technology research and development over the past three years. Through independent R&D, it currently holds 17 authorized utility model patents and two authorized invention patents.
Quan also mentioned that the orders are now scheduled until late October, with domestic orders increasing by 20 percent compared to last year. By the end of this year, Jiangsu Mingxing is expected to achieve its revenue goal of 300 million yuan.