Future Development Plan of Allwin

Regarding the future development of the hardware and electromechanical tools industry, the district government work report has put forward clear requirements. Focusing on implementing the spirit of this meeting, Weihai Allwin will strive to do a good job in the following aspects in the next step.

1. Do a good job in the development plan of Weihai Allwin after its listing on the New Third Board, strive to be listed on the Beijing Stock Exchange as soon as possible, and strive to transfer to the main board within three to five years.

2. Continue to optimize the trade structure, while maintaining traditional markets such as Europe and the United States, actively develop the markets of countries along the Belt and Road, actively practice the transfer of foreign trade to domestic sales, and promote the mutual promotion of domestic and international dual cycles.

3. Accelerate the development of new trade formats such as cross-border e-commerce, increase investment in overseas brands, e-commerce platforms, overseas after-sales service capabilities, and do a good job in branding overseas.

4. Do a good job in product transformation and upgrading, and actively explore the application and innovation of information technology, digitalization, and green energy saving in the tool industry. In September last year, the company participated in the 17th China International Small and Medium Enterprises Expo held in Guangzhou. Deputy Governor Ling Wen and the full-time Deputy Director of the Provincial Department of Industry and Information Technology Li Sha and other comrades visited the company’s booth for inspection and guidance. The governor inquired about the development of enterprises in detail, encouraged enterprises to strengthen technological research and innovation, actively expand the sales market, and strive to seize the commanding heights of competition. Information technology, digitization, green energy saving, will be the key research and development directions of Allwin in the next few years. In order to meet the needs of enterprise product upgrades, it is necessary to carry out automation and intelligent transformation of the enterprise’s existing production and manufacturing systems to create digital workshops and digital factories.

5. The company must be strong on its own. The company will continue to promote the creation of a learning enterprise, consolidate basic management and continue to promote the lean production strategy. In the past few years, the company’s LEAN production has achieved initial results, the company’s production efficiency, on-site management and quality control have all achieved significant improvement ; Allwin will continue to comprehensively promote the lean production strategy in the next few years,comprehensively promote the improvement of the basic management of the enterprise, build a learning team, and continuously improve the management level of the enterprise to meet the needs of the continuous development of the enterprise.

We firmly believe that as long as we adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and thoroughly implement and implement the guiding ideology of the Central Committee of the Communist Party of China on the development of foreign trade during the 14th Five-Year Plan period, we will be able to overcome difficulties and achieve greater achievements.

Post time: Feb-28-2022