From January to June, the output value reached 20 million, more than 60% of the annual target was completed, an increase of 15% over the same period of last year. In the financial crisis, Yelong Machinery Co., Ltd., which is located in Ninghai Science Park, still maintained a steady development trend and handed over a satisfactory answer to all employees.
Last year, under the influence of rising and falling raw material prices, tightening monetary conditions, and the most severe global financial turmoil in the fourth quarter, foreign trade exports were severely impacted, and the sales and benefits of many small and medium-sized enterprises, especially export-oriented ones, rapidly declined. In the case of many SMEs facing a crisis of survival, only Longlong Machinery, which has an annual output value of more than 30 million, can continue to maintain steady development. What are the secrets?
Tip 1
Keeping up with the development of the industrial situation and actively adjusting the product structure
“In the second half of 2007, we developed parts for heavy-duty trucks (dump trucks). Just this year, the country vigorously promoted infrastructure construction and launched large-scale engineering projects, which led to the continuous increase in sales of heavy-duty trucks, and also contributed to the production of our parts and components companies. Performance rose.†Deputy General Manager of Yelong Machinery Co., Ltd. introduced.
The development of parts for heavy-duty trucks (dump trucks) is only a matter for Yelong to respond to the complicated economic situation at home and abroad and to study the development of the industry. In the ten years after the development of Yelong Machinery, Yelong Machinery kept up with the national economic development situation. Focus on industry trends, actively adjust product structure, and actively adapt to market changes.
In 1999, when Yelong Machinery was founded, it was a company that produced agricultural machinery parts. In the first few years, agricultural machinery parts faced with the predicament of market saturation, and Yelong Machinery was difficult to develop. After thorough market research, Yelong Machinery decided to develop in the direction of auto parts. This decision has brought about significant changes to the company's development. Since 2004, it has been close to the auto parts industry. By 2007, the company's development has achieved results. To date, Yelong Machinery has been supporting more than ten well-known automobile and engine companies at home and abroad, such as CNHTC Group, North Truck Group, China FAW Group, Chery Automobile, etc., enjoying a wide reputation and good reputation in the industry. It is also one of the leading manufacturers of auto parts companies in Ninghai Science Park.
Tip Two
Pay attention to internal management, do not do home workshops
“The sparrow is small and fully-equipped.†To describe the management of Yelong Machinery Co., Ltd. is quite appropriate. Since its establishment, Yelong Machinery Company has always attached importance to internal management and cultivated its core competitiveness. “Even if there were only 20 employees at the beginning of the establishment, we also introduced the ISO/9001 international quality system, insisted on strict management, and never made any family workshops.†Deputy General Manager of the company introduced.
Standardized management has laid a solid foundation for the company's development. In 2001, the company passed the ISO/9001 international quality system certification, laying the foundation for achieving a leapfrog development. In 2003, the company decided to develop into the automotive industry. As early quality management was in place, it passed the ISO/9001 international quality system certification early. In 2006, Yelong Machinery successfully passed the ISO/TS16949 international quality system certification of Swiss SGS (passed standard) company and obtained the access permit for the automotive industry.
Tip Three
Reducing staff, not reducing salary, treating employees well
As a mechanical enterprise, the technical level of employees is one of the core competitiveness of enterprise development. “Even in the face of the complicated economic situation at home and abroad in 2008, in the great pressure and dilemma, we Yelong Machinery also insisted on reducing staff and not reducing salary, and the staff together advance and retreat.â€
Yelong Machinery Co., Ltd. has always adhered to the principle of “people-orientedâ€, continuously improved various incentives and assessment mechanisms, created a good working (living) environment for employees, improved employee benefits and benefits, provided free accommodation for employees, and set up employee attendance. Awards, length of service subsidies, performance awards, etc., and organizing festivals, celebrations, knowledge contests and other cultural and sports activities, forming a united and loving family. Since last year, all employees have joined forces to take concrete steps to tide over difficulties with enterprises, reduce corporate losses, successfully complete the various business goals set at the beginning of 2008, and revisit the triumph in production this year.
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