Reform and solution of transformer industry

2016 is the year when the transformer industry faces a reshuffle.

Today, many companies are facing heavy pressure: rising labor costs, rising resource prices, and low production efficiency. Low-cost competitive companies that rely on lowering workers' wages and reducing raw material costs no longer have much room for survival. As customers' requirements for quality and efficiency continue to increase, companies will work hard on product research and development, technical processes, quality, brands, channels and services, improve production efficiency, concentrate on innovation, strengthen the training of technical talents, and improve the competitiveness of corporate talents, which will surely stand out in the new round of competition.

This year, many transformer factories have not received orders and have stopped production.

Under the pressure of market competition, our company's product prices have also fallen. However, the company has a longer-term vision and continuously adjusts and improves product raw materials, quality, technology, after-sales service, production efficiency, and talent skills. The product has been shortlisted for the State Grid and has complete qualifications. Although the product profit has decreased, orders continue to come in and overtime production is produced. The company occupies the market with our brand strength, quality technology, after-sales service, production efficiency and other advantages. Let us see the healthy development momentum of the company.

On the surface, it seems that business is getting harder and harder this year, but in fact, all industries are becoming more professional and more demanding. After the reshuffle, only a group of companies that insist on quality and keep innovating will remain.