2010 Wenzhou'S Shoe Making Private Enterprises Are Competing For Success (1)

Zhejiang, known as "the capital of China's private enterprises"

Since 2007, the private enterprises in Wenzhou have been surging in the market under the vigorous promotion of the government, and many brands in Wenzhou have changed their consciousness from "insulation" to "electrical conduction".

As of February 2010, there were 57 private enterprises worth hundreds of millions of dollars. They are queuing up to go public. Apart from the huge wealth effect, they want to get the business onto the international stage with the help of the listing, and ultimately achieve the everlasting success of the brand.

Under the impetus of the market tide, the private enterprises in Wenzhou are integrating into the operation of the capital market with a more open attitude.

Wenzhou has always been the first place for China's private economy.

However, between the listed cities surrounding the listed companies, it has become a heterogeneous group: as of February 2010, the listed companies in Wenzhou remained at 7.

Private enterprises in Wenzhou have long been regarded as the "insulator" of listing, and the enthusiasm of enterprises listing is not high.

Due to historical reasons, most enterprises in Wenzhou are engaged in light industry such as leather and clothing. The number of high-tech enterprises is relatively small, and the demand for funds is not too strong.

More importantly, Wenzhou's private capital is very strong, private financing channels have been very developed and convenient, large amounts of money can arrive in a very short time to solve the urgent needs of enterprises.

However, since the beginning of 2010, following the CHINT electric appliances, the voice of Wenzhou's big brands such as AOKANG, red dragonfly and people's appliances has been heard.

Why in the twinkling of an eye, these quiet years of brand competition for listing?

Since the global financial crisis,

After decades of development, the private enterprises in Wenzhou have gone to the stage of qualitative change. It is difficult to guarantee the rapid development of enterprises by relying solely on private lending funds.

Although Wenzhou's private capital market is well-developed, many enterprises in Wenzhou have reached a certain scale. If we want to further develop, we must consider widening the financing channels.

The outbreak of the world financial crisis has undoubtedly touched Wenzhou enterprises. The various factors brought about by the financial crisis have made Wenzhou's traditional manufacturing enterprises run down and their capital chains are tight. In order to find a way out, some enterprises expect to meet the current challenges through reorganization, integration or pformation and upgrading.

In fact, the enthusiasm of Listed Companies in Wenzhou is gradually rising, and the government's efforts to promote it are important.

In recent years, the Wenzhou municipal government has continuously introduced a number of incentive policies to stimulate the listing of enterprises.

As early as 2002, the Wenzhou municipal government set up a leading group for the listing of enterprises, and issued a notice on Forwarding Some Opinions on supporting the listing of enterprises. Subsequently, in 2004 and 2005, a number of documents were issued in succession to encourage qualified enterprises to go public and carry out multi-channel financing.

The positive promotion of the Wenzhou municipal government to the listing of enterprises has created a good atmosphere for the listing of private enterprises.

On the other hand, in January 21, 2010, CHINT electric listed on the Shanghai stock exchange, which played a leading role in many private enterprises in Wenzhou.

Today, in the eyes of businessmen in Wenzhou, listing has undoubtedly become one of the long-term strategies for brand development.

CHINT electric technology and

26.51 yuan, with the sound of "Gong", in the Shanghai stock exchange hall, the opening price of Zhejiang CHINT electric Limited by Share Ltd (CHINT electric appliances) appeared on the electronic screen.

On the morning of January 21, 2010, CHINT electric was listed on the Shanghai stock exchange, becoming the first A share listed company in China with low-voltage electrical appliances as its main business. It is also the first private enterprise to enter the main board of Shanghai Stock Exchange in Wenzhou.

CHINT electric officially entered the capital market.

With the listing of CHINT electric, some Wenzhou entrepreneurs believe that the state of Wenzhou's current listed companies will produce new changes.

Founded in 1997, CHINT Electric is located in Yueqing, Wenzhou. It is mainly engaged in R & D, production and sales of five types of low-voltage electrical products, such as distribution appliances, terminal electrical appliances, control appliances, power and electrical appliances, electronic and electrical appliances. It is one of the most complete low-voltage electrical appliances suppliers in China, occupying about 10% of the domestic low-voltage electrical appliances market, and has been ranked first in China's low-voltage electrical industry for 6 consecutive years.

Innovative technology extends brand concept

Since its entry into the market in 2000, CHINT has been on the road for 10 years.

In the long 10 years, enterprises have been striving to consolidate the market and innovative technology research and development, and strive to further expand the international market with the support of cost and backwardness advantages, so as to speed up the pace of listing enterprises and achieve brand upgrading.

As the leading enterprise in the world's fastest growing and large scale low voltage electrical appliance market, CHINT Electric has always regarded technological innovation as an important driving force for further development.

CHINT electric successfully developed an internationally advanced NM8 series plastic case circuit breaker, and developed NA8 series intelligent universal circuit breaker with complete independent intellectual property rights and advanced international level.

The series of circuit breakers have many patents, and their performances are comparable to those of foreign first-class products. They are the main products of CHINT group's low-voltage electrical products entering the high-end market.

NA8-1600, 3200 and 6300 have completed CCC certification.

The NA8 series intelligent universal circuit breakers have the advantages of short circuit breaking capacity, beautiful appearance, modular structure, complete accessories and complete specifications.

At the same time, it has the characteristics of large capacity and miniaturization, saving space and cost.

The product applies the design concept of moulded shell, and the contact system is completely enclosed in the insulated compartment, and the upper and lower incoming lines can be used.

With the patented technology, the structure of the interrupter chamber and the capacity of the rated short-circuit breaking capacity have been significantly improved. The zero arc arcing is completely realized and the external environment is minimal. Intelligent controller is adopted to perfect the protection characteristics, which can realize overload long delay, short circuit short delay, ultra short circuit instantaneous action, single-phase grounding or residual current protection (instantaneous or delayed action two), that is, four protection functions.

CHINT Electric has also established a basic technology research and development system and a complete product verification system with the production, teaching and research integration of the leading universities and research institutes in China, and the research and analysis of simulation technology. It has established a laboratory verification room that can cut the flow capacity to meet the test requirements of AC 400V and 150kA. It has a first-rate physical and chemical analysis laboratory and a simulated road pportation test system for stacking and packing products, as well as impact and vibration. It has equipped the 6 most advanced international harmful elements analysis equipment.

In recent years, CHINT electric appliance and stock holding company has obtained many patents and patent application rights through independent research and development, import and digestion, and product upgrading.

Technological innovation is a great driving force for brand development and advancement. In the process of patent research and development, CHINT Electric brand rooted in advanced technology, increased market competitive advantage, and also played an important role in promoting the listing of enterprises as soon as possible.