A year ago, Tianshui Xinghuo Machine Tool Co., Ltd. acquired Lanzhou Machine Tool Plant. Over the past year or so, with the advanced technology and management advantages of Tianshui Xinghuo, the newly formed Lanzhou Xinghuo Machine Tool Co., Ltd. realized enterprise efficiency and increased employee income. Enter a benign development track.
The predecessor of Lanzhou Xinghuo Machine Tool Co., Ltd. is Lanzhou Machine Tool Plant. Founded in 1958, Lanzhou Xinghuo Machine Tool Co., Ltd. is a backbone enterprise and key professional enterprise producing horizontal lathes in Northwest China. However, with the gradual establishment of the market economy, in the face of fierce market competition, the company was once in trouble. In order to get the enterprise out of trouble as soon as possible, in January last year, Tianshui Xinghuo Machine Tool Co., Ltd. officially acquired Lanzhou Machine Tool Plant and established “Lanzhou Xinghuo Machine Tool Co., Ltd.â€. In the more than one year after taking over, Tianshui Xinghuo Machine Tool Co., Ltd. adhered to the principle of “technology, resources, information and channelsâ€, adjusted the product structure in a timely manner, and successively invested 9.5 million yuan in technical reform funds to Lanzhou Machine Tool Plant, which increased technical transformation. And the development of new products, the successful development of a number of high value-added and market demand for products, enhance the market competitiveness and visibility of the enterprise, but also provide a guarantee for the subsequent development of the enterprise. At the same time, through the integration of the sales network, Lanzhou Xinghuo Machine Tool Co., Ltd. has a sales network covering the whole country and exported to 20 countries and regions such as the United States, Western Europe, Southeast Asia and Africa. From January to September this year, the sales income reached more than 160 million yuan, more than three times the annual sales income before the merger.
The predecessor of Lanzhou Xinghuo Machine Tool Co., Ltd. is Lanzhou Machine Tool Plant. Founded in 1958, Lanzhou Xinghuo Machine Tool Co., Ltd. is a backbone enterprise and key professional enterprise producing horizontal lathes in Northwest China. However, with the gradual establishment of the market economy, in the face of fierce market competition, the company was once in trouble. In order to get the enterprise out of trouble as soon as possible, in January last year, Tianshui Xinghuo Machine Tool Co., Ltd. officially acquired Lanzhou Machine Tool Plant and established “Lanzhou Xinghuo Machine Tool Co., Ltd.â€. In the more than one year after taking over, Tianshui Xinghuo Machine Tool Co., Ltd. adhered to the principle of “technology, resources, information and channelsâ€, adjusted the product structure in a timely manner, and successively invested 9.5 million yuan in technical reform funds to Lanzhou Machine Tool Plant, which increased technical transformation. And the development of new products, the successful development of a number of high value-added and market demand for products, enhance the market competitiveness and visibility of the enterprise, but also provide a guarantee for the subsequent development of the enterprise. At the same time, through the integration of the sales network, Lanzhou Xinghuo Machine Tool Co., Ltd. has a sales network covering the whole country and exported to 20 countries and regions such as the United States, Western Europe, Southeast Asia and Africa. From January to September this year, the sales income reached more than 160 million yuan, more than three times the annual sales income before the merger.
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