Respond positively and accelerate enterprise development

The difficulties brought about by the crisis have turned into opportunities to accelerate economic structural adjustment and change development mode, turning pressure into challenges, taking positive response measures, focusing on management internally, expanding the market externally, and striving to maintain stable and rapid economic development.

Rizhao Fenghua Tools Co., Ltd. is the most complete and largest professional scaffolding manufacturer and exporter in northern China. All scaffolding products are exported to more than 60 countries and regions including Europe, America, Australia and Southeast Asia. Faced with the current financial crisis, the company not only did not stop production, but also achieved good economic benefits.

Zhao Xiangyou, deputy general manager of Rizhao Fenghua Tools Co., Ltd., said that the company eliminates backward production equipment and processes and introduces advanced equipment and processing technology, which brings the quality of products to a new level and increases the competitiveness of the company; strengthens the internal management of the company, saves potential; expands the scale and intensity of export promotion through the Internet and exhibitions, and expands the export channels.

It is understood that all enterprises in Lanshan District have also strengthened operational warning and forecast, and promptly analyzed and predicted the development of domestic and foreign markets and enterprise operation to avoid operating risks. At the same time, we will increase our efforts in scientific and technological innovation and actively develop and cultivate products with high technological content, good market prospects and high added value. Zhuang Qianhai, deputy general manager of Rizhao Ayeshan Aquatic Products Food Co., Ltd., said that in the current response to the financial crisis, our company has vigorously adjusted the structure of export products and continuously improved the added value and technological content of exported goods. Make full use of forward foreign exchange settlement and sale, conducting foreign exchange transactions and other means to lock in exchange rate risks, and reduce losses caused by exchange rate fluctuations

Faced with the impact of the financial crisis on enterprises, Wuzheng Group comprehensively promoted industrial upgrading and optimized the industrial structure, forming a healthy development pattern in which the five major industries of agricultural vehicles, automobiles, agricultural equipment, electric vehicles, and automobile accessories complement each other's advantages and promote each other. Relying on the agricultural vehicle market network system, they chose trucks that coincide with the agricultural vehicle market as the entry point for entering the automobile industry, and used automobile design concepts and technology to improve the research and development and production level of agricultural vehicles and agricultural equipment, and developed the automobile and agricultural equipment industry with the advantages of market, capital, information, etc. accumulated by agricultural vehicles, and promoted the rapid development of the two major industries of automobiles and agricultural equipment. At present, Wuzheng Group has formed a production capacity of 100,000 light trucks, 500,000 three-wheeled trucks, low-speed trucks, and 100,000 agricultural equipment. New industrial advantages are emerging.

Shandong Hualong Textile Co., Ltd., a major exporter, is based on quality, decisively abandons the original standard requirements, organizes production with customer standards higher than the national and ministries standards, manages the brand carefully, continuously develops new products, improves product added value, and finds good development opportunities in crisis.

Wulian County also guides enterprises to further strengthen market awareness and investment risk awareness, segment markets, conduct in-depth research, and achieve sales-based production promotion, reduce enterprise inventory, and reduce the occupation of two funds. In terms of foreign market development, we will adhere to the principle of giving in favors instead of markets in Europe and the United States, where demand has declined significantly, and do everything possible to consolidate it.