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Our Company Won the Bidding in Multiple Projects at Home and Abroad
Our company has achieved great performance again in 2nd batch State Grid bidding invitation recently, with 17 sets of products winning the bidding and an aggregate amount over CNY 90 million, including orders for 110kV products for the first time. Meanwhile, we have also achieved great outcome in the effort to expand overseas market. We have received orders for 25 sets of transformers from the two projects in Thailand and Vietnam, with an aggregate amount reaching CNY 180 million, and have outperformed the annual objective for overseas orders. Orders from domestic and overseas companies have kept coming one after another, providing new hope for development of CTC.
As competition on the market intensifies, the market development has become a new task for our company. To address the problem, our company has put forward the marketing strategy which “guaranteeing the market for conventional products and expanding to the market of both high-end and low-end products”. One the one hand, we have guaranteed the market share for conventional products by actively facing challenges and competition from domestic market, and have quickened the pace to expand overseas market by making use of group advantages on the other hand. We have actively cooperated with overseas agencies of Toshiba Group and closely communicated with Shandong Electrical Engineering & Equipment Group Co., Ltd. to make new breakthrough in overseas market together and to better present the technical strength and manufacturing capacity to overseas customers. In this way, our company has continuously received bulk orders from overseas market, contributing to the recent receipt of orders in large quantities.
【Correspondent: Zhu Hongting】