Baiyang Precision: Doing Competition in the Market

“In China, there are many parts suppliers that have grown from small to large. Once they are bigger and stronger, what they want to change is the enterprise development model that was originally developed by relying on cheap labor and large consumption of resources. Strengthen the company's independent research and development capabilities, in order to independently develop competitive products, and ultimately compete in the market.” Shanghai Yan Yang Ping, general manager of precision car parts Co., Ltd. told reporters. The company is affiliated to the Masao Group and was founded in 1999. It mainly supplies products and provides services for automobile, high-speed rail, and aircraft component manufacturers. The products that are produced in the automotive field include precision die-casting molding and assembly services, precision machining of metal parts, processing of sheet metal parts, development and manufacture of molds, precision injection molding and assembly and service of assembly and service of assembly and service of plastic parts. Through continuous efforts and continuous improvement over the years, our company and customers have jointly developed and manufactured supporting products. We have successfully supplied aluminum die castings, zinc die castings and injection molded parts for interior and exterior fittings for GM, Volkswagen, Ford and Toyota models. In recent years, it has supplied die-casting, sheet metal, and injection molded parts for the aviation, high-speed rail, electronics, power tools and other industries. "At the beginning of 2011, the group company began to enter the automotive electronic fuel system. At present, this unit has already invested 50 million in optical testing equipment, and has already achieved low-volume production of products. In the future, we will directly fight with proprietary intellectual property products. Into the market.” Yan Changping said. In the future, automotive products will develop toward more energy-saving and environmental protection. The company will focus on electronic fuel system products to develop products with energy-saving and environmental protection features, with a view to occupying a commanding height in the future automotive industry. However, faced with the backdrop of a large market development such as the overall slowdown in the growth of the auto market this year, Yan Chang stated flatly that compared to the company’s supporting businesses in high-speed rail and airplanes, the sales of automotive products are not as good as in previous years and the increase in auto business. The speed slowed down significantly. However, Yan Changping stated that he is still full of confidence in the future development of the company. "On the one hand, the company implements a group operation, has strong financial support and anti-risk capabilities. On the other hand, the company is striving to deepen its cultivation in the automotive field, optimize cost control, and accumulate technical experience in order to produce better products," Yan Changping said. It is said that “strengthening is more important than making it bigger, and being refined is an effective means to achieve improvement. Only when our own strength is continuously enhanced and strengthened can we take advantage of our position in a fierce market environment.”

However, Yan Changping also believes that the current survival environment of Chinese manufacturing companies is very worrying. Land and labor costs have been rising year by year, and the competition between domestic and foreign markets has become increasingly intense, causing major manufacturing companies to face tremendous pressure. Under such circumstances, Urgently need the government to introduce relevant policies to give guidance and support. "Manufacturing is the root of the country, and the manufacturing industry is booming, then the prosperity of the country is just around the corner." Yan Changping finally said.