Harmony Industry: growth through the ceiling, clear development goals

In the next few years, Zhejiang Tiantai Xianghe Industrial Co., LTD. (hereinafter referred to as "Xianghe Industrial", 603500.SH) will continue to focus on rail transportation business, electronic business and new material business, expand the product line, consolidate the main business, expand the business scale of the company, and enhance the market competitiveness of the company through new investment, extension mergers and acquisitions, etc. Break through the growth ceiling, and continue to advance to the goal of "one hundred years of peace" and "world peace".

Continue to consolidate the main business

Xianghe Industry in consolidating the main business at the same time, actively expand to other fields, and strive to expand the scale of business.

The year 2021 marks the beginning of a new journey to fully build a modern socialist country, the first year of the 14th Five-Year Plan, and the centennial anniversary of the Communist Party of China. According to the "New Era transportation power railway advance Planning Outline", "Notice on Promoting the urban area (suburban) railway to accelerate the development of opinions", "Basic electronic components Industry Development Action Plan (2021-2023)", Tang Xiao, general manager of Zhejiang Tiantai Xianghe Industrial Co., LTD., said, The company will focus on seizing the opportunities of the vigorous development of the two business sectors of railway and electronic components, accelerate the pace of strategic landing, and further consolidate the main business.

At present, the company will further expand its railway business by building metal parts production lines such as bullet bars, transforming from non-metal parts suppliers to integrated suppliers, and forming a complete supply capacity of track fastener systems. Strive for the "track fastener production base" project to put into operation as soon as possible to improve the company's production capacity. Overcome the impact of the epidemic, actively layout overseas business, enhance sales capacity, and strive for stable growth of high-speed rail business, and rapid growth of domestic and foreign urban rail market business.

Luanfu Finance learned that the "track fasteners production base construction project" of Harmony Industry has obtained the real estate title certificate, the project production acceptance has been promoted as planned, and it is expected to reach the pre-scheduled use state before the end of June 2021, and the production capacity of non-metallic parts of track fasteners has been further expanded.

With the acceleration of the pace of domestic high-speed railway and urban rail transit construction and the release of railway track renovation demand, the market space of the company's rail fastener products is increasing. The "Track fastener production base construction project" can comply with the growing market demand for track fastener products and improve the market share of the company's track fastener products.

In the electronics business sector, intelligent and digital transformation and capacity expansion of production lines are carried out to improve production efficiency and expand output. In the business to further consolidate quality customers, develop new customers, improve market share.

In addition, Xianghe Industry entered the field of new materials, invested in the establishment of Xiangfeng new materials, focused on the development of raw material technology, reduce the cost of main raw materials, and improve product competitiveness.

Expand overseas market

Actively explore overseas markets to open up future growth space.

Xianghe Industry said that the company invested in the establishment of a wholly-owned subsidiary in Singapore, research and development, production and sales of railway products, and strive to explore overseas markets, relying on the "Belt and Road" to accelerate the pace of going out. It is understood that the company has successfully developed a variety of rail fastening systems that can be applied to different scenarios and different line requirements such as high-speed rail, ordinary rail, urban rail transit, and provide a complete set of solutions including sleepers. Soon after its establishment, it successfully won the Kuala Lumpur Light Rail Line 3 project, laying a good foundation for the company's overseas layout, and opening up new development space for the company to go overseas.

The research institution believes that this means that Xianghe Industrial has changed from a non-metal fittings supplier of high-speed rail fasteners to a fastener system integrator, and has expanded its sleeper business to become a solution provider for track infrastructure construction. At the same time, it can enter the field of overseas and urban rail transit (municipal railway, intercity railway, subway, tram), heavy haul railway, ordinary railway and other fields, and the growth ceiling is broken.

Enhance one's own advantages

It takes a good blacksmith to make steel. After years of technology accumulation, Xianghe industry has obvious competitive advantages and its position in the industry has been further consolidated.

It is understood that Xianghe industry in the field of track fasteners, the company has a long history and excellent qualifications. Since the 1990s, it began to use the technical drawings of the former Ministry of Railways to produce non-metallic parts of ordinary railway track fasteners. In 2005, it began to participate in the joint research and development of China passenger special Line fasteners System of the former Ministry of Railways, and undertook the research and development task of the sub-project of "rubber and nylon fasteners system of passenger special line, trial production, process research and standard formulation", and has been deeply engaged in the forefront of the industry. Now undertake the research task of optimizing elastic cushion and nylon plastic parts. Actively cooperate with scientific research institutes such as the Academy of Iron Sciences and Zhejiang University of Science and Technology, and carry out research and development of track fasteners in the high-end direction of extreme cold resistance, high strength and heavy load. At the same time, the company participated in the drafting of the national standard GB/T 21527-2008 "Elastic plate of rail transit fastening system".

In the field of electronic components, the company as early as 1987 by the provincial identification and stereotyped production of rubber plug products. The company undertook the drafting of the industry standard SJ/T10242-91 "Technical Conditions for rubber sealing plugs for aluminum electrolytic capacitors". At the same time, the company has also developed the base for surface-mounted aluminum electrolytic capacitors, the electronic base for air conditioning compressor overcurrent protection, the vibration resistant base for automotive chip capacitors, and the terminal (horn) cover plate for capacitors. The company took the lead in drafting the CLP Association group standard "Base for Surface Mount aluminum electrolytic capacitors", which further consolidated the company's position in the industry.

In addition, Xianghe Industry has qualification certification barriers and first-mover advantages. High-speed rail infrastructure has high product quality requirements for suppliers, a long CRCC certification cycle, and a high capital investment to complete the certification. Up to now, the company has passed the CRCC certification of 102 series of products in 15 major categories of high-speed rail fasteners, common rail fasteners, passenger and cargo lines, heavy haul railways, and urban rail transit, and is one of the suppliers with the most complete certification of non-metallic parts and the strongest comprehensive supply ability in the industry. Non-metal parts of the track fastener are complete, with a long production history and advanced technology. It has passed the CRCC certification of nylon parts, rubber parts, WJ8 iron cushion plate and plastic parts earlier in the industry. At the same time, the advantage of Xianghe industry compared with competitors is that it has completed the supporting certification and supply of all 6 fastener integrators in the domestic high-speed rail industry, and the market share has risen steadily.

The quality of non-metallic parts of the company's track fasteners enjoys a high reputation in the industry. The products have been used in more than 40 national key railway projects such as YongTai-Wenzhou passenger line, Harbin-Dalian Passenger line, Dashixi Passenger line, Zheng-Xu Passenger line, Menghua Heavy haul Railway, Mujia Railway, Zheng-Xu City area, Zheng-Ji Railway, Lian-Xu Railway, Shang-He-Hangzhou Railway, Yumo Railway, Lixiang Railway, Dalin heavy haul Railway. The products first supplied to Yongtaiwen passenger dedicated line have been used for more than ten years, and are in good condition at present, meeting the requirements of safety, comfort and reliability of train operation.

The company's electronic components and accessories product quality has been highly recognized by customers, including aluminum electrolytic capacitors with rubber sealing plug products to form 12 series of products, 22 formula solutions, formula product structure is reasonable, complete variety, to meet the market mainstream customer application requirements. The company has established long-term and stable cooperative relations with well-known capacitor manufacturers such as Japan Guimigong, Nijikang, Qingdao Sanying, Tianjin Sanhe, Suzhou Lilong, Huizhou Lilong, Jianghai Shares, Fenghua Hi-tech, Aihua Group, Sanshui Riming and so on, which has brought lasting reputation advantages to the company.

Through technological innovation, master the core technology, and promote Xianghe industry to continue to become the industry leader in the future.

Clear development goals

For the future development goals, Xianghe Industry has a clear understanding of the chest, and strive to move towards the goal.

Tang Xiao said that the company combines "to seek progress with stability, cast Hongji; To treat people sincerely, create a hundred years of prosperity "development purpose, to create a" hundred years of peace and peace in the world "as the development goal, to track fasteners and electronic components and accessories as the main business, and strive to create two major markets at home and abroad, seize the opportunity of rapid development of the industry, to create the company's core competitiveness.

The company has determined the development path, and will seek development around the three major areas of electronic components, rail transit equipment and new material industry, give full play to the advantages of the capital market, and strive to quickly implement the layout, bringing new profit growth points for the company.

First of all, in the field of electronic components, explore the plate with the original product/customer synergy, through research and development, foreign investment and other ways, to expand to the field of chip components, power capacitors, new energy capacitors, semiconductor devices, electronic sealing products.

Secondly, in the field of rail transit equipment, first, the domestic urban rail transit field is developing in the direction of depth; Second, continued active deployment of overseas business; The third is to transform from non-metal parts suppliers to integrated suppliers, and enter the field of complete supply of urban rail fastener systems such as railway, city and subway. The fourth is to further expand and enrich the product categories, and enter the field of high-speed, heavy-duty and urban rail switches.

Third, with the foundation of the company's research and grasp of rubber and plastic materials for many years, through foreign investment, cooperation and other ways to enter the field of engineering plastics and synthetic resins, high-performance fibers and composite materials, thermoplastic elastomers and other new materials.

In order to maintain orderly development, Harmony Industry has also made full preparations, Tang Xiao stressed that it insists on continuing to build enterprises with culture. He said that since its inception, the company has always taken corporate culture as the cornerstone of corporate development. Since 1997, it has changed its name to Xianghe Industry. At present, it has formed a corporate culture system with "Xianghe" culture as the core and "century-old harmony, world harmony" as the vision, constantly leading all "Xianghe people" to struggle for it.

Tang Jiao, vice chairman of Tiantai County Federation of Industry and Commerce and vice chairman of Zhejiang Tiantai Xianghe Industrial Co., LTD., hangs "and" as the motto of doing things on the wall, engraved in the heart, and falls on the action.

Lead by "harmony" to create "Peaceful Land Pioneer Park"

After more than 30 years of development, Xianghe Industrial has grown from a small private factory to a giant enterprise in the county, and was listed in 2017. As the vice chairman of the Tiantai County Federation of Industry and Commerce, the harmony company interprets the responsibility and responsibility of "Harmony" with action in "harmony and co-existence", and Tang Jiao, the vice chairman of the company, believes that "although small and micro enterprises are small, their contribution to increasing jobs, promoting economic development and driving people to get rich is absolutely not" micro ". However, due to the constraints of plant, safety, environmental protection and other factors, the development space of small and micro enterprises is severely limited, and some small and micro enterprises have to go far away." In the face of this dilemma, in order to meet the development needs of small and micro enterprises, Xianghe Company created an area of about 127 acres of "Xianghe Pioneer Park", which has become an incubation platform for small and micro enterprises to start, innovate and create wealth, and take "and so auspicious" as the core culture of enterprises in the park. At present, the park has settled 7 enterprises, the annual output value of 500 million yuan, the annual tax of 26 million yuan, and the employment of more than 600 people.

Hehe symbiosis, set up Tianhe United company

In the face of the global financial crisis in 2008, many small and medium-sized enterprises in Tiantai were affected by credit and faced bankruptcy. In the severe economic situation, Xianghe Company actively took the lead, clung to the group heating, took the lead in investing 8 million yuan, and established Zhejiang Tianhe Lian Construction Investment Co., LTD., which was participated by 19 enterprises, to provide mutual funds for small and medium-sized enterprises and reduce financing costs.

"Since then, enterprises in our county have gained a financing platform, and the development of enterprises has also gained a layer of element protection." But looking back on the growth process of "Tianhe United", Tang Jiao, who is also in charge of Tianhe United Company, is very emotional, "due to the lack of business mutual funds for reference cases, Tianhe United company in the early days of the establishment of a big fall, overdue loans once accounted for more than half of mutual funds." In order to let the healthy development of Tianhe alliance, Tang Jiao was appointed in a period of time to transfer most of the energy from the management of the peaceful company to the management of the Tianhe Alliance company, the Tianhe Alliance company to turn losses into profits, into a benign track, for the government, for the enterprise to solve the problem.

And the world, the establishment of the Tianyi Foundation

Under the infiltration of Hehe culture, Tang Jiao has a kind and dedicated heart. While carefully running the enterprise, we are enthusiastic about the physical and mental health and livelihood of ordinary people.

2020 is a difficult year, but also a warm year. This year kicked off from the national fight against the new coronavirus pneumonia, Tang Jiao learned that the shortage of masks for frontline medical staff, the first time to contact friends abroad to purchase, and finally purchased 15,000 kf94 masks in South Korea, and sent them to frontline medical staff. In order to let the efforts of medical staff be respected and affirmed, Xianghe Company and other 6 well-known enterprises in the county initiated the establishment of the local public welfare medical mutual fund - Tianyi Foundation, which is used to train and reward excellent medical workers. Xianghe Company donated 1 million yuan, and Tang Jiao was elected as the vice president of the foundation.

He He culture is the noble and gorgeous gene of Chinese culture, but also the common spiritual wealth and precious cultural heritage of all mankind. "To inherit and practice the culture of Hehe, the most important thing is to integrate it into the daily life of this era." That's what Tang Jiao said and did. In December 2021, Tiantai County established the Tiantai Mountain Hehe Cultural Foundation, and Hehe Company donated 2 million yuan to jointly devote to the inheritance of Tiantai Mountain Hehe culture, promote industrial transformation and upgrading with cultural integration, and help Tiantai achieve leap-forward high-quality development.

On October 1 and 2, the 2022 Xiangfeng Cup mixed badminton Team Invitational Tournament of "Celebrating the National Day and welcoming the 20 Big Feathers with You" was held at Hutian Belt Badminton Hall. Six teams from Xiangfeng New Materials and Hutian Tape participated in the competition.

01 Tenacious struggle the game is wonderful, climax repeatedly, pull, smash, net front assault simply powerful. The teams played together, the spirit of tenacious struggle, the game out of the results, the game out of the style.

02 Show style

03 Xiangfeng new materials

In this invitational competition, Xiangfeng new materials won the championship. After the game, Sheng Wenlong, general manager of Xiangfeng New Materials, said: The invitational tournament was successfully held, and was strongly supported by the county Sports Bureau and surrounding enterprises!

Badminton enthusiasts use their good spiritual outlook to report a happy life to the Party and the government!

The team of Xiangfeng New Materials is a fighting team! Through the competition, further enhance the team's sense of responsibility and honor; Enhance team cohesion and practical strength; Exercise the team's spirit of perseverance, never give up and tenacious struggle. This is our auspicious industry has been adhering to the spirit of enterprise, our company will continue to uphold the "auspicious spirit" in the future, strive to forge ahead, innovative development, with the performance of the twenty!

Recently, Yang Lingling, Wang Xindong, Zhu Liangqi, Lu Yimin and other county four sets of team leaders led an in-depth visit to some enterprises, understand the development of enterprises, help enterprises to "solve problems", boost the confidence of enterprise development, and seek common development strategies.

County Party secretary Yang Lingling

On June 6, Yang Lingling, secretary of the County Party Committee, went deep into some enterprises in our county to carry out three services of "stabilizing enterprises to help enterprises, stabilizing and improving quality". She stressed that it is necessary to strictly implement the requirements of the higher level of economic stability deployment, further optimize services, make precise efforts, go all out to help enterprises rescue, boost the confidence of enterprise development, ensure the smooth operation of enterprises, and achieve steady progress and quality of economic development. County leader Yuan Jihuan participated in the activity.

Came to Zhejiang Xiangfeng New Materials Co., LTD., Yang Lingling into the workshop, see the production, ask the operation, understand the operation of the enterprise in detail. The company's main EVA modified materials and engineering plastics research and development, production and sales. From January to April 2022, the output value reached 69.13 million yuan, an increase of 351.4% year-on-year, and the development momentum is very strong.

"Today is not only to understand the production situation, but also to send policies and solve problems." Yang Lingling went straight to the theme, both bringing information on stable economic policies at all levels, and asking about specific difficulties in detail. When learning that the enterprise urgently needs to expand the development space and introduce polymer materials professionals, Yang Lingling asked the relevant departments to deepen the "three services", accurate and efficient docking, and timely help to solve problems.

In the survey, Yang Lingling pointed out that the current economic situation is grim and complex, but the fundamentals have not changed. She encouraged enterprises to enhance their confidence in development, grasp the positive factors in economic operation, and firmly pursue the goal of progress while maintaining stability. Adhere to scientific and technological innovation, increase the introduction of talents, accelerate product research and development, improve core competitiveness, expand market share; Adhere to the crisis to seek opportunities, focus on enterprise development, full horsepower, overtime to catch up on production, and contribute to the steady progress and quality of the county economy.

Yang Lingling stressed that relevant functional departments should fully fulfill the policy, so that "should be reduced, should enjoy, should be redeemed", so that enterprises can enjoy the policy dividend to the maximum extent; Difficulties early help, timely solve doubts and doubts, for specific difficulties, the first time to implement help measures; Solve the problem quickly, step forward, take the initiative to connect, implement the whole process of service, and solve the problem of enterprise development at the fastest speed; Better services, adhere to parallel work, open a good "through train" to help enterprises, and promote economic stability, recovery, and improvement with efficient service enterprises.