On the 28th, Shanghai Electric Group Co., Ltd. was listed on the H-share stock market in Hong Kong, raising funds of HK$5 billion. As one of the 17 subsidiaries of the Electric Group, Shanghai Machine Tool Works Co., Ltd. is determined to take advantage of the Hong Kong listing machine to make the company bigger and stronger.
According to the introduction of Shanghai Electric executives, 1.4 billion yuan will be invested in the mechatronics equipment manufacturing department to improve technical equipment and develop new products. Yu Ying, general manager of Shanghai Machine Tool Works Co., Ltd. said that the sales of the mainframes will increase by more than 30% year-on-year, focusing on the development of large-scale, special-purpose, precision, CNC grinding machines to further expand the market share of products.
In order to ensure the completion of this year's goal, the company has taken measures to increase investment in science and technology; accelerate the development of new products; strengthen cost control and improve product competitiveness; and pay close attention to product quality and customer satisfaction. In 2005, the company also made efforts in talent introduction, talent incentives, corporate culture and employee training to improve the overall quality of the company's employees. In order to enhance the company's ability to innovate, the machine technology center and colleges and universities and foreign companies set up an industry-university research studio.
They also set up the US branch of the Technical Center of Shanghai Machine Tool Works Co., Ltd. with the George Institute of Technology Manufacturing Research Center in the United States, and selected key technicians to bring projects to the United States for short-term scientific research.
According to the introduction of Shanghai Electric executives, 1.4 billion yuan will be invested in the mechatronics equipment manufacturing department to improve technical equipment and develop new products. Yu Ying, general manager of Shanghai Machine Tool Works Co., Ltd. said that the sales of the mainframes will increase by more than 30% year-on-year, focusing on the development of large-scale, special-purpose, precision, CNC grinding machines to further expand the market share of products.
In order to ensure the completion of this year's goal, the company has taken measures to increase investment in science and technology; accelerate the development of new products; strengthen cost control and improve product competitiveness; and pay close attention to product quality and customer satisfaction. In 2005, the company also made efforts in talent introduction, talent incentives, corporate culture and employee training to improve the overall quality of the company's employees. In order to enhance the company's ability to innovate, the machine technology center and colleges and universities and foreign companies set up an industry-university research studio.
They also set up the US branch of the Technical Center of Shanghai Machine Tool Works Co., Ltd. with the George Institute of Technology Manufacturing Research Center in the United States, and selected key technicians to bring projects to the United States for short-term scientific research.
DC Motor
Yibin Tianruida Auto Parts Co.,Ltd , https://www.trdautoparts.com