On 20th, Jan, 2021, we held the 2020 year-end review meeting.
To respond to the epidemic prevention policy, the routine annual dinner party was canceled this year but held the year-end review meeting in office.
The year of 2020 was special and tough year, this meeting made a conclusion of the ups and downs.
In the business part, many municipal projects were cancelled or delayed, which cause our sound barrier acrylic sheets business dropped at a large scale. In another hand, thanks to our production ability, we shipped dozens of containers to American and Europe during the urgent and large needs of clear acrylic sheets period, took a positive role in the global COVID-19 prevention event.
In total, our turnover in 2020 had increased 30%. The more important is we are glad to see our customer’s turnover tripled in this year. It was an extremely bad year for humanity, but it was a good year for plastic industrial business. Luckily we survived through the tough year, but year of 2021 still is a challenging year.
In the production part, our qualified rate reached a new record with 98.18%, which greatly reduce the cost and provide our customer with more competitive products. Although the peak needs period of clear acrylic sheets, our qualification staff still stick to the inspection standards, taking account of both lead time and quality. We practice as always lowering the standard is to narrow down ourselves development space.
Based on the market trends and our current customer needs, the larger sheets sizes are becoming popular and increasing. To meet customer’s requirements and provide better and wider range of service, one of our production line is under transforming and will be finished in March, 2021. Afterwards, we can service the large sheet size in 2400 * 4400 mm. We always listen to our customer and willing to change.
We are ready to grow with our customers and partners together in the new year. Happy Chinese New Year!
Post time: Jan-21-2020