In 2017, in the face of fierce market competition and the pressure of tight supply and rising costs caused by the tightening of environmental management and control by upstream suppliers, Aihua Group accurately grasped the market pulse, further adjusted sales strategies and product strategies, and firmly grasped The opportunity for the production of aluminum electrolytic capacitors to transfer to China has achieved a steady development in 2017.
On April 17, Aihua Group released the “Annual Report 2017â€. The report shows that during the reporting period, the company achieved operating income of 1.793 billion yuan, an increase of 15.37% year-on-year; operating cost 1.185 billion yuan, an increase of 17.14%; net profit 293 million yuan, an increase of 10.93%; the net profit attributable to owners of the parent company was 292 million yuan, an increase of 10.35%.
As the fifth largest market share of electrolytic capacitors in the world, Aihua Group started its work in the areas of smart marketing, technological innovation, lean production, collaborative layout and harmonious sharing in 2017, and achieved good results.
First, smart marketing, brand and performance create new strength. Faced with the rapid changes in market structure and the challenges of competitors, Aihua Group actively expands domestic and international markets with the advantage of “highest price/performance ratioâ€, and gradually expands to high-end consumer electronics and mid-to-high-end industrial control based on the consolidation of the lighting market. The market is marching.
It is understood that Aihua has further cultivated the FAE team to take the initiative to guide the market and cultivate the market with the "application-oriented technology model", and win the favor of customers. In 2017, the number of high-end customers' development continued to increase, and the influence of the AISHI brand market was further enhanced. AISHI capacitors continued to rank first in the world in the field of lighting and smart phone fast charging.
Second, technological innovation, product technology and intellectual property rights have achieved new achievements. The Aihua Group understands the competition of modern enterprises, that is, the contest of scientific and technological strength, and continuously strengthens technological innovation and product upgrading.
In 2017, Aihua continued to strengthen research cooperation with world-class capacitor experts and institutions. Successfully developed and mass-produced products throughout the year include low-ESR laminated solid-state aluminum electrolytic capacitors (A1 series), ultra-high voltage (450V~550V) high-reliability fast-charge aluminum electrolytic capacitors (RK upgrade), and high-temperature (130°C) vehicles. Aluminum Electrolytic Capacitors (BH Series) for Electronic Components and Communication Power Supply, Wide Temperature 450V~500V Aluminum Electrolytic Capacitors (GH Series) for Instrumentation and Wide Temperature (-40°C~105°C) High Reliability Aluminum for Long Life Charging Piles Electrolytic capacitors (LC series), etc.
At the same time, Aihua Group attaches great importance to the application and protection of patents, newly submitting 60 patent applications and adding 30 new authorized patents. By the end of 2017, Aihua Group had 124 authorized patents and was awarded the honorary title of “National Intellectual Property Advantage Enterpriseâ€.
In addition, lean manufacturing, product manufacturing has achieved new and efficient. Aihua Group continues to implement lean production and advocates “full participation and continuous improvementâ€. It starts with equipment improvement, manufacturing process optimization, product process improvement and other issues, and encourages employees to actively propose and participate in improvement projects and condense employee wisdom.
At the same time, Aihua Innovation Team's quantitative salary system, through the establishment of operators, machine repair, quality control team and performance binding, effectively reduced the difficulty of production management, reduced the waste of raw materials, and achieved the double production efficiency and employee income. Win a win-win situation.
In addition, collaborative layout, core competitiveness to win new high ground. In 2017, Xinjiang Rongze and Headquarters Laminated Plant, a subsidiary of Aihua Group, successively operated and put into production.
Among them, Xinjiang Rongze Company produces medium and high pressure foils, strengthens the company's complete industrial chain of “corrosion foil + chemical foil + electrolyte + aluminum electrolytic capacitorsâ€, enhances the company's vertical integration capability of upstream and downstream industrial chains, and further improves the overall strategy. Layout to enhance the competitive advantage of the industry chain integration industry. The headquarters laminate factory produces laminated chip solid aluminum electrolytic capacitors, which have high technical content, strict quality requirements, high market entry threshold and high profit level, which expands the new space for the company to move toward high-end capacitors.
Finally, harmonious sharing, the creation of happiness Aihua gives birth to new vitality. Aihua Group further established its corporate vision of “Building a Hundred Years of Enterprise and Creating Happiness Aihua†and enhancing employee happiness index by creating new and shared initiatives. In 2017, Aihua's star-rated staff restaurants and star-rated event centers were built and put into use, and the quality of life of employees has been greatly improved.
At the same time, it has improved the assistance measures for major relatives of employees, and the care of employees is warmer. Advocating and cultivating good habits of self-directed learning, Iowa College has newly established 19 classes throughout the year, training 687 class hours, training employees 2015 times, and the internal growth of employees is smoother.
The Aihua Group also actively organizes a variety of cultural and sports activities, so that “the big activities are monthly, the small activities are there every weekâ€, and the cohesiveness, centripetal force and vitality of the workforce are unprecedentedly high. In 2017, the company won the “National Factory Open Public Demonstration Enterpriseâ€, and the “National Youth Safety Production Demonstration Post†was awarded to the “National Youth Safety Production Demonstration Postâ€. The second branch of the second branch was awarded the “Hunan Provincial Labor Competition Advanced Teamâ€.
Throughout the aluminum electrolytic capacitor industry, Japanese manufacturers account for more than half of the market share, and China is the country with the largest demand for aluminum electrolytic capacitors. The competition between Chinese and Japanese manufacturers will become increasingly fierce.
In the process of transferring aluminum electrolytic capacitors to the domestic market, domestic manufacturers have also achieved rapid development. The comprehensive strength of major domestic manufacturers has been continuously improved. The world-renowned manufacturers such as domestic manufacturers and Japanese manufacturers are in the process level, product quality, research and development capabilities, and management. The gap between the levels and other aspects has gradually narrowed, the competitiveness of domestic manufacturers has gradually increased, and import substitution will accelerate.
As a leading domestic aluminum electrolytic capacitor, Aihua Group is expected to achieve a new round of breakthroughs in the context of import substitution acceleration. 2018 is the year of technological progress of Aihua Group. Aihua will focus on breakthroughs in products, processes, equipment and management technologies, and strengthen internal management.
With the availability of Aihua Group's convertible bonds, combined with the current good market prospects and growth trends, the company will continue to deepen the capacitor market, and with the new round of development opportunities, while further consolidating the domestic market, further improve the technical level. , production scale, product quality and sales ability, deeper participation in international competition, enhance the core competitiveness in the world, enhance the company's sustainable profitability and risk resistance, consolidate the leading position in the lighting market, realize the global leading position in the consumer power market, and develop New energy, communication power, data center, and intelligent manufacturing market will expand the market share of overseas markets and realize the leap from "China Aihua" to "World Aihua".
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