One must first strengthen oneself before forging iron; pioneering innovation should be the vanguard—the progress of Zhengde


2016, the opening year of the "Thirteenth Five-Year Plan", saw the China Electronic Components Industry Association, the Ministry of Industry and Information Technology's Operation Monitoring and Coordination Bureau, and the Ministry of Industry and Information Technology's Electronic Information Department jointly hold the "Seventh Fourth Session of the Standing Committee of the China Electronic Components Industry Association" and the "2016 China Electronic Components Industry Summit (CECIS 2016)" in Qingdao on July 14 to strengthen communication and cooperation among key backbone enterprises in the electronic components industry, plan the development of China's electronic components industry during the "Thirteenth Five-Year Plan", and promote structural adjustment, steady growth, innovation, and efficiency improvement in the electronic components industry.

The meeting released the 2016 (29th) list of China's Top 100 Electronic Component Enterprises. 100 Chinese backbone electronic component enterprises with outstanding performance in scale, financial status, and R&D capabilities were selected as the new Top 100 electronic component enterprises, becoming the first group of leading enterprises in the electronic component industry during the "Thirteenth Five-Year Plan". Against the backdrop of sluggish international economic growth, slowing economic growth in China, and the general shift of the entire industry to medium-low speed growth, the new group of China's Top 100 Electronic Component Enterprises set an example for the entire industry with their outstanding performance.

In 2015, with sluggish international markets and slowing domestic economic growth, the growth rate of the entire electronic components industry declined significantly. The fact that the Top 100 electronic components enterprises achieved double-digit growth in both main business income and total profits is remarkable.

As a micro-motor manufacturing enterprise participating in the Top 100 Electronic Components ranking for the first time, Shenzhen Zhengde Intelligent Control Co., Ltd. increased its main business income from 45 million yuan in 2014 to 148 million yuan in 2015, representing a year-on-year growth rate of 227%. This made it the fastest-growing enterprise in terms of main business income among the Top 100 Electronic Components enterprises and also placed it second in the Top 10 Growth Enterprises.

 

In 2015, Zhengde actively guided industrial upgrading and layout. By integrating inefficient and high-energy-consuming product lines and significantly improving production efficiency, it effectively reduced operating costs. The company implemented lean manufacturing and precision manufacturing throughout the year, ensuring that Zhengde continued to launch micro-motor products with advanced processes, superior quality, and competitive prices. Zhengde also effectively used capital means to expand and strengthen the development and research of front-end electromechanical control industries and, through the successful absorption and digestion of the acquisition of Fuji micromotor business, provided strong support to the extension end of micromotor products. Through continuous optimization and improvement and hard work, the company steadily moved towards its goal of electromechanical integration.

With the steady growth of Zhengde's main business and the gradual growth and expansion of the enterprise, the company has also received attention and recognition from municipal and district-level authorities. At the beginning of the year, Zhengde's application for a municipal science and technology commission's technological innovation project was unanimously praised by the municipal expert group and received 4 million yuan in non-reimbursable funding. Zhengde also received the title of innovative small and medium-sized enterprise from the municipal department for small and medium-sized enterprises.

While building its brand and strengthening its enterprise, Zhengde has always regarded "social responsibility" as the foundation of its development, actively participating in the construction of social public welfare undertakings and taking it as its responsibility to promote harmonious social development. In the first half of 2016, Zhengde ranked among the top 20 taxpayers in Pingdi Street, Longgang District.

As a leading enterprise in China's electronic component manufacturing industry and a national enterprise among the Top 100 Electronic Component Enterprises that adheres to the path of innovative development, Zhengde is destined to become a key force representing China's electronic component industry in the international market. It is no exaggeration to say that China can only become a strong industrial nation if it becomes a strong nation in electronic components. Zhengde will shoulder the responsibility of revitalizing China's electronic component industry, striving for excellence and making progress to create new glories on the new journey.

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